In a growing trend toward ‘green’ developments, Morgan Stanley Real Estate and East West Partners have partnered on the continued development of a 1,800-acre resort nestled in the Canadian Rockies.
1 min read · 22 January 2013
People who keep secrets are evil – you've seen that movie. By extension, an asset class with no available information tends to scare people away. Not that anyone thinks private equity real estate is evil, but many potential investors have a hard time understanding how it has performed, how it should perform and how it should fit into their portfolios.
2 min read · 22 January 2013
Seller's regret in Paris; Going, going gone; Zen storage; Made in Romania
3 min read · 22 January 2013
Pithy quotes from people in and outside of the real estate industry
2 min read · 22 January 2013
This blessed plot 2007-11-01 Staff Writer Private equity real estate has earned grudging respect from investors as an attractive alternative investment class now that billions have been poured into the sector. It also enjoys a royal seal of approval in the UK, where the Queen of the United Kingdom is beginni
2 min read · 22 January 2013
Friends in high places 2007-11-01 Staff Writer A giant residential complex now involved in a real estate controversy was home to a far more scintillating controversy. Dolphin Square in Pimlico near the Thames River in London is a great hulking mass of a building. It was built between 1935 and 1937 by a Briti
3 min read · 22 January 2013
The principals of Chicago-based Walton Street Capital, the private equity real estate firm founded by JMB Realty head Neil Bluhm, has been investing in Mexico for more than a decade – the firm did its first property investment in the country in 1998. Walton Street's Mexico operations are headed up by Sandor Valner, who was formerly the chief executive officer of VALOR, a real estate merchant bank he founded in 2001. Prior to this, Valner had leadership roles with M&A advisor EMVA and Credit Suisse in Mexico. Walton is raising its sixth global fund, which has exposure to Mexico. In addition, the firm is raising a dedicated Latin America fund, with a target of $350 million and a majority allocation to Mexico. Between the two funds, Walton Street will have around $700 million to invest in the region, with 75 percent of the capital going to Mexico. Last year, the firm opened an office in Mexico. Valner took a few minutes to speak with PERE about the attractions of Mexican real estate.
4 min read · 22 January 2013
Sovereign wealth funds are becoming major forces in the global investment market thanks to surging oil revenues and swollen currency reserves. These national funds are set to have a big impact on private equity real estate. By Dave Keating
9 min read · 22 January 2013
Finally, private equity real estate funds of funds are taking off as investors look for geographic diversification. By Eva Poon
8 min read · 22 January 2013
PERE presents four times and places that marked changes of direction and turns of fortune for real estate investors. Three of these are looked back on with fond nostalgia by those fortunate enough to have been present and active. One remains a painful memory. By Dave Keating, Robin Marriott and Eva Poon
10 min read · 22 January 2013
