The Los Angeles-based investment firm has held an initial closing on $118 million in equity for its fourth fund.
2 min read · 18 January 2013
One of the largest loan workouts in Europe has come to an end with the final asset sale of a portfolio which defaulted in June 2009, according to an announcement by the loan’s special servicer, CB Richard Ellis. The sale brings the total amount recovered from the £1.45 billion loan to £1.1 billion.
2 min read · 18 January 2013
End of an era as DLJ closes its London office to focus the franchise on other parts of the world. DLJ’s European head Carla Giannini is staying with the company.
3 min read · 18 January 2013
The Denver-based hospitality private equity firm has held a final closing on its third fund, significantly exceeding its original target.
2 min read · 18 January 2013
Two former White & Case lawyers have joined the law firm's real estate practice group.
2 min read · 18 January 2013
Former Divco West asset manager Melanie Gangel has joined the real estate investment advisor's San Francisco office to help bolster its West Coast portfolios.
1 min read · 18 January 2013
The Government of Singapore Investment Corporation has purchased an 80.1% position in an Australian logistics joint venture with ASX-listed Australand, the developer part-owned by Singapore’s CapitaLand.
2 min read · 18 January 2013
Entree to Europe for Kennedy Wilson as the California-based firm takes over the property investment management book of troubled Bank of Ireland. The deal means the value of Kennedy Wilson’s global real estate assets under management will grow to almost $10 billion.
2 min read · 18 January 2013
The New York-based real estate fund manager has acquired a 4.5m square foot portfolio of warehouses from Pattillo for $170m.
2 min read · 18 January 2013
The C$148 billion pension fund has bought big again, this time acquiring a 50 percent stake in the Northland Shopping Centre in Melbourne from a private Australian real estate investment company.
2 min read · 18 January 2013
