The Newport Beach, California-based real estate investment firm has agreed to purchase the office building from a GE-led joint venture for $435 million.
2 min read · 22 October 2013
The US bank has sold the former Chase Manhattan Bank world headquarters to a subsidiary of the Chinese conglomerate Fosun.
1 min read · 22 October 2013
In just a little under a year, the Hong Kong-based private equity real estate firm has closed one of the largest private equity real estate funds raised for China since the onset of the global financial crisis.
2 min read · 22 October 2013
In hopes of boosting its fundraising with institutional capital, National Real Estate Advisors has hired the former Hunt Investment Management client relations vice president as its new director of investor relations.
2 min read · 22 October 2013
The Japan-focused private equity real estate fund has brought in $850 million for its most recent fund over rolling closes, and is expected to hold the final close within the month.
2 min read · 22 October 2013
The Dallas-based private equity firm is expected to hold a second and final close next week for its third commercial real estate vehicle, which was oversubscribed.
3 min read · 22 October 2013
The Blackstone Group’s president says accelerating disposition and investment activity is part of its “buy it, fix it, sell it” approach to its property business, not a timing of market cycles.
3 min read · 22 October 2013
AXA and Norges Bank’s new real estate debt platform is likely to see the sovereign fund finally exposed to opportunistic real estate – just not via equity.
3 min read · 22 October 2013
The firm’s real estate head Mark Fogle has continued hiring former colleagues, this time bringing aboard ex-Invesco and AIG construction-focused executive Malcolm Lai as a managing director.
2 min read · 22 October 2013
The Mexico City-based private equity real estate firm has collected about one-third of its $350 million equity target for its retail-focused vehicle, with two additional closings expected in the next three months.
3 min read · 22 October 2013