The Los Angeles-based real estate investment firm has capped off its $1.3 billion value-added fund with its latest acquisition.
2 min read · 18 January 2013
The Tokyo-based firm is going for its biggest fundraising yet for its Secured Capital Real Estate Partners V real estate opportunity fund. The firm, formerly known as Secured Capital Japan, could spend up to 40% of the vehicle’s equity in China.
2 min read · 18 January 2013
Ved Prakash Arya leaves behind a wife and two children. Peers are already paying tribute, one contemporary describing him as "a pioneer" and "an inspiration".
3 min read · 18 January 2013
Days after pulling out of a joint bid with Chatham Lodging Trust to buy a 64-strong hotel portfolio from bankrupt hotel REIT Innkeepers Trust USA the New York private equity firm is considering returning with a lower bid.
2 min read · 18 January 2013
The New York-based investment firm has bought a 2.8 million-square-foot portfolio of 13 properties across nine metropolitan markets from recently restructured Prologis.
2 min read · 18 January 2013
Cerberus’ abandoned deal to acquire US hotel chain Innkeepers may signal a return of firms exercising Material Adverse Change or Material Adverse Effect Clauses in response to global market uncertainty.
2 min read · 18 January 2013
Weeks after appointing Pramerica Real Estate Investors’ acquisitions vice president Joji Thomas, the Hong Kong-based private equity firm has now hired its managing director for Greater China.
2 min read · 18 January 2013
The Dutch group has entered into a five-year partnership with a developer to build apartments for first-time buyers in Macau, an area heavily dependent on gambling and tourism.
2 min read · 18 January 2013
Both vehicles have $320 million in equity commitments and a combined investment capacity of $850 million for multifamily development.
1 min read · 18 January 2013
The real estate arm of one of Canada’s largest pension funds will purchase a full city block, comprising a convention centre, office tower and hotel, in downtown Toronto from the Canadian government.
2 min read · 18 January 2013
