The $150.6 billion pension plan’s latest investment in the New York-based fund manager’s European real estate strategy will be through a commingled fund of one.
2 min read · 27 August 2013
Mesa West Capital provided the global asset manager with a $95.5 million loan to refinance a 355,000-square-foot office building in the US capital.
2 min read · 27 August 2013
The Chicago-based real estate investment firm has partnered with Brandywine Realty Trust and Campus Crest Communities to build a 33-story student housing tower in the city’s University City submarket for nearly $160 million.
2 min read · 27 August 2013
The New York-based retirement fund is looking to enter into the senior real estate debt arena in Europe, first by starting in the UK and eventually expanding into continental Europe.
2 min read · 27 August 2013
The London-based financial services group says it is flexible in terms of the form of its capital outlays and geographies following its purchase of an equity position in a Prelios-managed fund announced yesterday.
2 min read · 27 August 2013
The Boston-based real estate investment firm, along with its joint venture partners, has sold the Flatotel on 135 West 52nd Street and the Alex Hotel on 205 East 45th Street. The properties had been put in receivership after their original owner reportedly defaulted on the debt.
2 min read · 27 August 2013
Barry Sternlicht, chairman and chief executive officer of Greenwich, Connecticut-based Starwood Capital Group, hails the sale of four luxury hotels in France that were inherited as part of the 2005 takeover of conglomerate La Louvre as an important stage in the ‘monetisation’ of its portfolio.
2 min read · 27 August 2013
Eight months after igniting plans to expand its investment horizons to other areas of private equity, the China Resources-owned platform has hauled RMB956 million from Chinese investors for a fund wrapped around a residential development in Shanghai.
2 min read · 27 August 2013
The Carlyle Group has emerged as a buyer of a large department store in Germany being sold by a venture that includes Goldman Sachs and RREEF Real Estate.
1 min read · 27 August 2013
The $42 billion pension has promoted senior portfolio manager C.H. Meili to the top post in its real estate department.
1 min read · 27 August 2013
