The New York-based developer and fund manager is said to be using a placement agent for the first time to help raise capital for its US real estate fund.
2 min read · 17 January 2013
The San Diego-based distressed loan specialist has closed on nearly $58 million in commitments for its third commingled vehicle, which is targeting distressed loans and properties in the western US. In addition, the firm already is gearing up to launch Fund IV.
1 min read · 17 January 2013
The Los Angeles-based investment management firm’s investment in 400 South Hope Street is the latest acquisition on behalf of its $750 million CBRE Strategic Partners US Value VI fund.
2 min read · 17 January 2013
The New York-based private equity and real estate giant is considering selling a 100-plus office building portfolio, which is valued at around $22 billion.
2 min read · 17 January 2013
Head of terms agreed for Terra Firma’s German residential property company, Deutsche Annington, to refinance €4.5bn of outstanding cmbs debt.
2 min read · 17 January 2013
The Canadian pension plan is injecting A$1bn into a landmark office scheme in Sydney, Australia. The investment is not only the first direct office investment CPPIB has made in Australia to date, but also is the biggest single real estate asset investment it has made anywhere in the world.
2 min read · 17 January 2013
The New York-based private equity giant is offloading four US hotels on behalf of its BREP VI fund to DiamondRock Hospitality. In addition to the cash consideration, Blackstone will own a 4% stake in the Bethesda, Maryland-based hospitality REIT.
2 min read · 17 January 2013
The Beverly Hills-based global real estate firm has teamed up with Deutsche Bank to target commercial and residential real estate loans in Europe with a focus on the UK and Ireland.
2 min read · 17 January 2013
ImmoFinRE Group has held a final close of ImmoFinRE II and has already made nine investments so far in funds targeting Latin America, China, Macau, India, Canada and Turkey.
2 min read · 17 January 2013
A group comprising SP Setia, Sime Darby and the Employees’ Pension Fund of Malaysia have exchanged contracts to buy the iconic London property from receivers.
2 min read · 17 January 2013