The Chicago-based multifamily real estate firm has hired its first chief investment officer to oversee all of its property transactions. The new recruit follows the firm’s hiring of its first in-house investor relations person in May.
2 min read · 28 August 2013
The Los Angeles-based private real estate firm is back in the market with its third commercial real estate debt vehicle, just one year after it raised $1.4 billion for the predecessor fund.
2 min read · 28 August 2013
The real estate investment management arm of financial services giant Prudential Financial has picked up Jocelyn de Verdelon to lead its investing activities in France. de Verdelon has experience making value-added and opportunistic acquisitions.
1 min read · 28 August 2013
The Toronto- and New York-based alternative asset manager has held a final close for its first global real estate opportunity vehicle.
2 min read · 28 August 2013
The Greenwich, Connecticut-based firm has purchased ‘the most successful suburban office park in Central and Eastern Europe’ for a reported €300 million.
2 min read · 28 August 2013
The Irving, Texas-based investment manager and commercial real estate lender already has surpassed the entire equity haul for its previous real estate fund and has led the firm to focus on real estate equity investments rather than debt.
2 min read · 28 August 2013
Aviva Investors has become the latest group to launch a commercial real estate debt fund focused on opportunities in the UK.
2 min read · 28 August 2013
This is the fourth time in four months that the pair have invested together in private real estate in Europe, this time purchasing a large office park outside of London.
2 min read · 28 August 2013
The Chicago-based firm has raised $192 million in a first closing for its LaSalle Asia Opportunity Fund IV but reduced its fundraising target to $500 million from $750 million, according to a note to investors obtained by PERE this month. It has enjoyed comparatively more success raising $431 million for its third Japanese logistics fund.
3 min read · 28 August 2013
The New York firm investment firm has agreed to buy nine shopping centre from Wells Fargo helping the bank clear some of its legacy nonperforming loans from its balance sheet, and has struck a deal to buy 10 retail properties out of administration in an unrelated deal from a second party.
2 min read · 28 August 2013