The Hartford, Connecticut-based real estate investment management firm has held a final close for its latest club-style debt vehicle, which seeks to provide first mortgages for US commercial real estate properties.
2 min read · 17 January 2013
The Parsippany, New Jersey real estate investment manager has completed its largest fundraise for the property type, exceeding its original target by $68 million.
2 min read · 17 January 2013
The Denver-based private equity firm has entered into an agreement to purchase the 99-year-old Grove Park Inn Resort & Spa in Asheville, North Carolina, from Dallas-based conglomerate Sammons Enterprises. KSL plans a $25 million renovation programme.
2 min read · 17 January 2013
PropertyMatch, a European secondaries trading platform for units in unlisted real estate funds part-owned by CBRE, says it traded more than €270m in the first quarter of the year, beating last year’s corresponding period by 240 percent.
2 min read · 17 January 2013
The position at the $1 billion university endowment will help to source new managers and monitor the existing portfolio, which includes real estate.
2 min read · 17 January 2013
The global asset manager has raised almost as much in coinvestment capital as it has so far for its third Asia fund of funds. The firm has another 12 months before capital raising for its Aberdeen Asia Fund of Funds III is due to come to a close.
2 min read · 17 January 2013
Grant Berlin, former head of real estate fundraising at AllianceBernstein, has joined the Toronto-based asset manager as senior vice president in its private funds group.
2 min read · 17 January 2013
In response to our opinion piece last week, the former head of CBRE Global Investors’ real estate finance business countered that his split from the firm wasn’t over differences in risk tolerance.
2 min read · 17 January 2013
The $11.6 billion state pension plan has agreed to contribute $30 million to the New York-based firm's ninth real estate fund.
2 min read · 17 January 2013
The departure of Ethan Penner as head of CBRE Capital Partners shows that, even within higher-risk strategies, some private equity real estate firms are struggling with their appetite for risk.
3 min read · 17 January 2013
