Savanna has hired Kevin Hoo, formerly of Tishman Speyer, as vice president. He will manage assets in the firm’s portfolio, lease and reposition its properties and oversee and coordinate development.
2 min read · 18 January 2013
Fresh after participating in a panel session at last week's PERE Forum: Europe 2011, Van Stults, managing director of Orion Capital Managers, told PERE how firms with both real estate and financial expertise might unlock investment opportunities in Spain. Ireland, on the other hand, is a more 'difficult' market to navigate all together.
1 min read · 18 January 2013
JPMorgan’s new opportunistic real estate platform, Junius Real Estate Partners, has hired Rich Gomel, who most recently oversaw Starwood’s hotel investments and $1bn hospitality fund.
1 min read · 18 January 2013
The apartment REIT has approached Blackstone, TPG and Vornado to buy its assets, as the three banks that own the REIT try to recover some of their loan losses.
2 min read · 18 January 2013
Chad Pike, senior managing director and co-head of real estate at The Blackstone Group, said a ‘long, steady flow of deals was inevitable’, as he revealed the firm was about to close on a deal in Germany that went into bankruptcy in 2008.
2 min read · 18 January 2013
PERE presents 10 takeaways from this week’s PERE Forum: Europe conference.
3 min read · 18 January 2013
Ralph Rosenberg, the recently appointed global head of real estate at New York-based private equity giant Kohlberg Kravis & Roberts, told delegates on the first day of this year’s PERE Forum: Europe, that the firm had identified four investments in the region it was considering pursuing.
2 min read · 18 January 2013
The Los Angeles-based real estate fund manager has held a final closing on a $100 million Brazil sidecar to its Latin America fund, bringing its combined regional commitments to $554 million.
2 min read · 18 January 2013
The Irish bank has hired HFF to sell a portfolio of $1.5 billion in performing US commercial real estate loans. The sale, which also includes the portfolio’s management team, is the latest effort to shore up the bank’s balance sheet.
2 min read · 18 January 2013
The Chicago-based firm specialising in student and senior housing has closed on nearly $600 million for its latest fund, almost $100 million more than its original target.
2 min read · 18 January 2013
