The New York-based private equity real estate firm has partnered with Pantzer Properties to refinance a 795-unit multifamily asset valued at $196 million, giving Savanna a controlling stake in the property.
2 min read · 17 January 2013
The Beverly Hills-based firm has struck up a €250 million joint venture with Fairfax Financial to buy European commercial real estate assets, including loans and real property.
2 min read · 17 January 2013
The Hartford, Connecticut-based investment management firm has closed on $546 million in equity commitments for its latest value-added real estate fund, exceeding its initial target.
2 min read · 17 January 2013
The $51 billion pension system has committed $75 million apiece to the latest real estate funds from Angelo, Gordon & Co., Exeter Property Group and Bell Partners.
2 min read · 17 January 2013
The San Francisco-based investment firm has purchased an office complex from LaSalle Investment Management for roughly $71 million and an office building from an AEW client for $79 million. Both purchases are investments of behalf of DivcoWest Fund III.
3 min read · 17 January 2013
The results of Ernst & Young’s latest US nonperforming real estate loan survey revealed that investors could see more opportunities to acquire commercial real estate debt in the year—if not years—ahead.
3 min read · 17 January 2013
The creation of a 400,000-square-foot shopping centre in the city of Yopal will be the New York-based firm’s first investment on behalf of its Colombia-focused real estate fund.
2 min read · 17 January 2013
The head of the investment bank’s real estate fund of funds business left the firm earlier this week. He will be succeeded by David Boyle and Paul Vosper, who is returning from RREEF.
2 min read · 17 January 2013
The two firms have partnered to invest in value-added offices in London, starting with the completion of a 164,000-square-foot office development in West London.
2 min read · 17 January 2013
The real estate arm of the Texas-based financial services firm has acquired a minority stake in Square Mile in a move to help expand the New York real estate investment firm’s platform.
2 min read · 17 January 2013
