The Chicago-based real estate investment firm has closed Harrison Street Real Estate Partners IV with $750 million in commitments, exceeding its original target of $600 million.
2 min read · 28 August 2013
The New York-based investment management firm has raised its first commercial property debt vehicle, with a capital haul that exceeds that of its debut private equity real estate fund, which closed more than a year ago.
2 min read · 28 August 2013
Germany’s Commerzbank has sold a €1.3 billion non-performing loan portfolio to Lone Star Funds and €3.7 billion of performing loans to US bank Wells Fargo, plus the entire operational real estate financing activities of its subsidiary Hypothekenbank Frankfurt in the UK.
2 min read · 28 August 2013
The Beijing-based private equity real estate firm has made its second investment in the US property market on behalf of high net worth individuals in a sign that rich Chinese individuals are warming to multi-asset funds overseas.
3 min read · 28 August 2013
The $75.64 billion pension system disclosed the names of all 25 fund interests in its massive real estate secondaries offering yesterday. It also committed $185 million to Prologis’ second open-ended core fund focused on Europe.
4 min read · 28 August 2013
Établissement Retraite Additionnelle de la Fonction Publique has charged the real estate business of French insurer AXA with building it a core property portfolio over 10 years that complies with its socially responsible guidelines.
2 min read · 28 August 2013
The Canadian pension plan has bought a 50 percent stake in eight central London offices for £173.9 million from the BT Pension Scheme and has formed a longer-term joint venture to gather more assets.
3 min read · 28 August 2013
Chris Bates has joined the real estate investment manager from Harville as it seeks to increase its lending footprint beyond the US.
2 min read · 28 August 2013
London-based Internos Global Investors has held a second close for its Hotel Real Estate Fund I, with the equity coming from an all-German cast of investors and zero co-investment from the general partner.
2 min read · 28 August 2013
Not everyone is excited about the SEC lifting the ban on general solicitation. But despite some hurdles, it could be a boon to the industry in the long run.
3 min read · 28 August 2013
