Ellis Short, who was a leading principal at private equity real estate titan Lone Star Funds, has formed a new firm and is aiming to corral $1 billion for investments in distressed real estate assets and non-performing debt in Europe.
2 min read · 28 August 2013
The hire of Bryan Southergill to be KKR’s first Asia real estate head is another step in the wider trend of private equity firms replacing investment banks as the region’s real estate heavyhitters.
3 min read · 28 August 2013
The takeover sees Ares finally confirm itself as “a significant player” in the private equity real estate market following prior links with large corporate acquisitions.
3 min read · 28 August 2013
The Greenwich, Connecticut-based investment firm is purchasing Blue Back Square, a mixed-use property in West Hartford, for $105 million.
2 min read · 28 August 2013
The Los Angeles-based asset manager has teamed up with Citibank to raise $200 million in equity to invest in underserved communities throughout California, Texas and Illinois. With leverage, the fund is positioned to acquire and manage up to $800 million in multifamily communities.
2 min read · 28 August 2013
The New York-based private equity and real estate giant is selling a 1.1 million-square-foot office park in Burlington, Massachusetts to a pair of Boston-based owner-operators.
1 min read · 28 August 2013
The real estate arm of GE and the Canadian pension fund will commit an initial $403 million to a Japanese joint venture targeting Tokyo offices. The JV marks CPPIB’s second real estate partnership in Japan.
2 min read · 28 August 2013
The New York-based alternatives investment firm has held a first close for AG Net Lease Realty Fund III, a value-added vehicle targeting $750 million.
2 min read · 28 August 2013
The Houston-based real estate investment firm is selling 499 Park to American Realty Advisors after selling 425 Lexington Avenue to JPMorgan. The combined sales price of both properties will total more than $1 billion.
1 min read · 28 August 2013
New York-based firm is said to be the front runner for a portfolio of loans being sold by Britain’s part-nationalised bank Lloyds Banking Group.
2 min read · 28 August 2013
