The purchase of 555 Mission Street from Tishman Speyer marks the first US purchase by the German fund manager in four years.
1 min read · 17 January 2013
The bank has bought a $100 million portfolio of assets in Paris despite a general approach of ‘caution’ towards Europe.
4 min read · 17 January 2013
More than half of the limited partners for the Pennsylvania-based private equity real estate firm’s second value-added industrial fund came in during the final round of capital-raising.
2 min read · 17 January 2013
Senior executives of AEW Europe and LaSalle Investment Management explained how the popular theme among investors of wanting tight investment parameters for their opportunistic managers contradicts the definition of opportunistic investing and could lead to missed deals.
3 min read · 17 January 2013
The global head of the New York-based private equity firm’s real estate group is due to move into a less active role as the platform’s chairman in 2013, as part of a long-term succession plan for the business.
3 min read · 17 January 2013
The Swiss-based alternatives firm, Partners Group, has appointed a seasoned professional in North America from Liquid Realty Partners, the San Francisco-based firm that reportedly halted fundraising of its latest vehicle earlier this year.
1 min read · 17 January 2013
A partnership between The Blackstone Group and Morgan Stanley has purchased a portfolio of distressed property loans in Australia from Lloyd’s Banking Group at a significant discount. The assets, valued at A$1.8 billion, were acquired on behalf of the firms’ respective global opportunistic funds, BREP VII and G7.
2 min read · 17 January 2013
The Chicago-based private equity real estate firm is expected to default on the debt backing a 95-property industrial portfolio and return the assets to lenders, as the bulk of the loans on the properties are scheduled to come due this week.
2 min read · 17 January 2013
The Los Angeles-based private real estate firm has attracted $1.4 billion in commitments to its commercial real estate debt investment vehicle and related sidecars. The firm is due to launch a successor fund early next year.
2 min read · 17 January 2013
While single-family rental properties have attracted an increasing amount of interest from private equity firms and investors alike, Alaska’s intended foray into the strategy is particularly intriguing on a number of levels.
3 min read · 17 January 2013