The New York-based investment firm has acquired 52 industrial properties in Florida, Georgia, Tennessee, Texas and Virginia on behalf of its $1 billion value-added DRA Growth and Income Fund VII.
1 min read · 17 January 2013
To the delight of GPs, India's regulators have unveiled a comprehensive framework for the country's alternative assets industry. New regulation will require all alternative investment funds, which includes real estate, to register with the Securities and Exchange Board of India.
2 min read · 17 January 2013
The $39.8 billion oil endowment will continue to examine a potential $400 million investment to a company that would own and rent single-family homes.
2 min read · 17 January 2013
Following the investing of its first fund, the San Francisco-based firm has made one promotion within its San Francisco office and one hire within its New York location. Clairvue expects to make additional hires over the next year.
2 min read · 17 January 2013
Investors in the Hong Kong-based firm’s CR China Retail Real Estate Development Fund I are expected to vote next month on whether it continues investing from the $466 million vehicle after the resignation of key man Rong Ren earlier this month.
3 min read · 17 January 2013
The Washington DC-based retail real estate firm has appointed Morgan Stanley and Credit Suisse veteran Arvind Bajaj to head up its investment arm as part of its plans to expand its portfolio.
3 min read · 17 January 2013
The New York-based private equity real estate firm now is raising capital for the third offering of its opportunistic fund, less than a year after closing on more than $1 billion of commitments during its second capital raise in 2011.
2 min read · 17 January 2013
There are real concerns that the incoming Alternative Investment Fund Managers (AIFM) Directive will lead to the loss of a generation of smaller fund managers.
3 min read · 17 January 2013
Michael Profenius, formerly a managing director at Warburg Pincus, has joined the New York-based private equity real estate firm as one of two senior partners, following the reorganisation of the firm last fall to focus its investment activity on the US.
3 min read · 17 January 2013
The joint venture that bought 1540 Broadway last year has made another purchase in Manhattan on behalf of the HSBC Club Programme.
2 min read · 17 January 2013
