An investor group advised by Moor Park Capital Partners has sold 48 local bank branches to the Pontegadea, private investment firm of the Inditex clothing retail founder, Armancio Ortega
2 min read · 24 January 2013
The New York-based investment firm has acquired the Las Vegas Bank of America Plaza for $64m and a Maryland apartment property for $38m in partnership with City Center Realty and The Donaldson Group, respectively.
1 min read · 24 January 2013
With year-end upon us, we examine some of the trends that have emerged this year and are likely to dominate 2011
3 min read · 24 January 2013
The UK real estate investment arm of the $200bn Kuwait Investment Authority is poised to sell a large retail portfolio to Hammerson, the London-listed REIT. Suitors for others assets of a £900m portfolio placed on the market in September are also emerging.
1 min read · 24 January 2013
The Abu Dhabi-backed investment group will pour $500m more into the global private equity and real estate firm to further expand its business lines, prompting speculation about Carlyle's desire to go public.
2 min read · 24 January 2013
Three weeks ago, PERE caught up with Martyn McCarthy, European chief executive of Valad Europe, the multi-let specialist with €5bn of assets under management.
5 min read · 24 January 2013
The senior European managers of Sydney-based real estate fund manager Valad have made an indicative proposal to buy out the €5 billion platform
2 min read · 24 January 2013
The New York-based firm has purchased 353 North Clark from Mesirow Financial for less than what the building cost to build.
2 min read · 24 January 2013
Six months after Beacon’s 20-building Seattle and District of Columbia portfolio was transferred to special servicing, the Boston-based firm has modified its debt load, pushing maturities out by five years.
2 min read · 24 January 2013
The fund is the first entirely debt-focused investment vehicle raised in Mexico using a new type of listed security called a certificado burasatile. The lender, Navix, plans to co-invest $100m of its money with the certificados busatiles on a variety of projects in the Mexican energy sector.
2 min read · 24 January 2013
