The San Francisco-based real estate investment manager has wrapped up fundraising for its debut value-added fund. The firm also recently made its fourth acquisition on behalf of the vehicle.
2 min read · 17 January 2013
A venture between AREA and Vantage Properties has sold the Savoy Park apartment complex in Harlem to a fund created by Citigroup and L&M for $210 million.
2 min read · 17 January 2013
Two ex-DLJ principals are branching out on their own with a firm called Laurus Property Partners dedicated to higher risk-return deals in Germany.
1 min read · 17 January 2013
The Morristown, New Jersey-based firm has teamed with New York Life to buy 575 Lexington Avenue from CalSTRS and developer Larry Silverstein.
2 min read · 17 January 2013
The $24 billion pension plan will allot 12% to real assets and reduce its overall investment in real estate, which now will be a sub-asset class.
2 min read · 17 January 2013
The New York-based private equity giant has teamed up with US Bancorp and Wells Fargo to purchase a portfolio of US property loans valued at $760 million from Eurohypo.
2 min read · 17 January 2013
The Swiss group is currently highlighting real estate secondaries, senior debt and preferred equity investments in its investment thesis as it more than doubles the size of its last vehicle in a global series.
2 min read · 17 January 2013
The two firms have been “unable to agree on terms for the sale of the business and mutually agreed to end exclusive negotiations.”
1 min read · 17 January 2013
US investment advisory giant, The Townsend Group, has emerged as a lender in what is set to become Europe’s next significant merger and acquisition deal.
2 min read · 17 January 2013
The Europe- and Asia-focused private equity real estate firm has acquired an eight-strong portfolio of offices via a defaulted CMBS structure in what is likely to be one of the last investments for Asia’s largest private equity real estate fund.
2 min read · 17 January 2013
