The US private equity firm, TPG Capital, and London-based Patron Capital, have persuaded Class A bondholders in a defaulted CMBS situation to accept a restructuring proposal.
3 min read · 17 January 2013
The Istanbul-based investment firm has placed an unoccupied palace and two student housing developments in Turkey into its first opportunistic real estate fund.
3 min read · 17 January 2013
The joint venture behind one of Asia’s rare hybrid investment vehicles has put the first tranche of its capital to work acquiring an office-led property in the Tokyo ward of Meguru-ku.
2 min read · 17 January 2013
The Government of Singapore Investment Corporation (GIC) is re-upping with a London-based investment management firm in a special situations fund with a six-year life span.
2 min read · 17 January 2013
The Dallas-based private equity and real estate firm has agreed to buy the remaining loans in the €1.8 billion Excalibur portfolio from Germany’s central bank, marking its fourth major nonperforming loan acquisition in Europe in as many months.
1 min read · 17 January 2013
Philip Fitzgerald, who was part of the team that ran Paladin’s active Latin American investment platform, has left the firm to pursue other opportunities.
2 min read · 17 January 2013
AIG Global Real Estate, the one-time $40 billion real estate investment management business of credit crunch poster-boy American International Group, wants to be a real estate player again. It might just have the capacity for a comeback.
4 min read · 17 January 2013
The Toronto-based residential real estate investment firm has invested in a Dallas mixed-use development and a Houston master-planned community on behalf of its eleventh commingled fund and a separate account, respectively.
2 min read · 17 January 2013
The London-based private equity real estate firm reportedly is in talks to recapitalise Structadene, which owns 700 properties worth a reported £1 billion.
1 min read · 17 January 2013
The indictment of Detroit's former treasurer has revealed an alleged pension pay-to-play scheme, in which several private equity real estate managers, consultants and small-scale buyout firms are accused of providing bribes in exchange for business with two of the city’s municipal pension systems.
3 min read · 17 January 2013
