Dan Vene, a former partner at placement agent Eaton Partners, has joined the New York-based investment manager to lead capital-raising efforts and client relations for the firm’s real estate opportunity funds.
2 min read · 17 January 2013
The New York-based private equity firm said today it had agreed to buy the assets of stricken Speymill Deutsche Immobilien from receivers a month after reports first surfaced of the investment.
2 min read · 17 January 2013
The Morristown, New Jersey-based real estate firm has successfully refinanced with Morgan Stanley the debt on a portfolio of offices it acquired in northern Virginia and suburban Maryland.
1 min read · 17 January 2013
John McCarthy, Starwood Capital Group’s global head of asset management, who held a similar role for the real estate division of collapsed Wall Street bank Lehman Brothers, is expected to join ADIA’s Real Estate Department next month.
2 min read · 17 January 2013
Equity from a separate account with the Public Officials Benefit Association of Korea, won via last year’s takeover of ING REIM, has been put to work in the purchase of Thames Court in the City of London.
2 min read · 17 January 2013
The Greenwich, Connecticut real estate investment firm, in a joint venture with Gaia Real Estate, has purchased a 32-property multifamily portfolio in the US. The deal forms part of its acquisition and recapitalisation of the properties’ bankrupt owner, PJ Finance Company.
2 min read · 17 January 2013
Luxembourg, a popular fund domicile for GPs worldwide, has signed a double tax treaty with Germany that could introduce withholding tax on hybrid debt instruments used to help acquire German targets.
2 min read · 17 January 2013
A new £1 billion fund launch underlines how senior property debt funds targeting Europe are all the rage currently.
3 min read · 17 January 2013
First quarter results published by newly-public Oaktree Capital Management reveal that it closed its latest real estate opportunity fund on $1.3 billion in commitments and has just launched its next real estate fund with a target of at least $1.5 billion.
3 min read · 17 January 2013
The founder of one of the largest US real estate accounting firms, which ultimately merged with Ernst & Young, passed away in his Los Angeles home on 8 May.
2 min read · 17 January 2013
