The London-based private equity real estate firm and its partner, French asset manager Générale Continentale Investissements, have announced the sales of two Paris offices after they had deployed various value-add strategies to the assets.
2 min read · 17 January 2013
The revolving door of private equity leaders at US public pensions continues to spin as Steve LeBlanc, one of the most influential LPs in the market, has decided to head to the private sector.
2 min read · 17 January 2013
The Washington, DC-based alternatives manager is set to raise up to $800 million in its forthcoming initial public offering, which would value the group at about $8 billion.
1 min read · 17 January 2013
The Hong Kong-based private equity real estate firm, founded in 2005, is approaching the prerequisite investment hurdle of its third China-focused opportunity fund. It is now paving the way for its biggest fund offering yet.
3 min read · 17 January 2013
The Los Angeles-based real estate fund manager has purchased the troubled Block 37 from Bank of America for $84 million. The firm plans to lease up the property, which is currently 70 percent vacant.
2 min read · 17 January 2013
The Hartford, Connecticut-based real estate investment management firm has held a final close for its latest club-style debt vehicle, which seeks to provide first mortgages for US commercial real estate properties.
2 min read · 17 January 2013
The Parsippany, New Jersey real estate investment manager has completed its largest fundraise for the property type, exceeding its original target by $68 million.
2 min read · 17 January 2013
The Denver-based private equity firm has entered into an agreement to purchase the 99-year-old Grove Park Inn Resort & Spa in Asheville, North Carolina, from Dallas-based conglomerate Sammons Enterprises. KSL plans a $25 million renovation programme.
2 min read · 17 January 2013
The New York-based private equity firm will pay as much as €900 million for 22,000 apartments in Germany from bankrupt UK firm Speymill.
1 min read · 17 January 2013
PropertyMatch, a European secondaries trading platform for units in unlisted real estate funds part-owned by CBRE, says it traded more than €270m in the first quarter of the year, beating last year’s corresponding period by 240 percent.
2 min read · 17 January 2013