After buying 142 assisted living assets for $1.2 billion through a bankruptcy auction in 2010, the firm has sold the bulk of the portfolio to Long Beach, California-based healthcare REIT HCP.
2 min read · 17 January 2013
The San Francisco-based real estate firm is looking to buy a 1.1 million-square-foot mixed-used asset from Brookfield Office Properties for approximately $207 million.
1 min read · 17 January 2013
Bei Capital is expected to invest on behalf of the world’s largest institutional investors on a long-term basis via an evergreen vehicle. The Hong Kong-based firm is to start with real estate investments before expanding into private equity and infrastructure.
3 min read · 17 January 2013
The New Jersey-based real estate investment manager has wrapped up capital raising for its US debt fund, which attracted commitments from institutional investors such as the Employees Retirement System of Texas.
2 min read · 17 January 2013
The real estate arm of the Ontario Municipal Employees’ Retirement System plans to build one of the largest urban redevelopment projects in North America.
2 min read · 17 January 2013
AXA Real Estate Investment Management says it has launched a new business to double its investments in alternatives to €1.5bn in value over the next three years in response to growing demand for alternatives.
2 min read · 17 January 2013
The New York-based firm, best known for owning a stake in the Chrysler building, has launched a fund with a $750 million final target. If achieved, it would be its biggest to date.
2 min read · 17 January 2013
New Jersey’s $350 million commitment represents the first major investment by a US pension plan in TPG’s growing real estate business.
3 min read · 17 January 2013
The real estate arm of Caisse de dépôt et placement du Quebec has invested in two multifamily assets in the region totalling $234 million.
2 min read · 17 January 2013
The global real estate investment manager has filled its leadership void with a trio formerly with DTZ Investment Management led by 23-year industry veteran David Schaefer.
2 min read · 17 January 2013