The New York-based private equity giant’s North America head of real estate and other members of its North America real estate team have left or will be leaving the firm after struggling to raise capital for its US real estate fund.
2 min read · 17 January 2013
Despite a particularly challenging environment for first-time funds, Artemis Real Estate Partners has completed a successful close of its debut vehicle, raising capital above its original target.
2 min read · 17 January 2013
The New York-based real estate developer and investment manager has bought an office building deemed surplus to requirements by seller Land Securities and subject to a potential vacancy, according to one property analyst.
2 min read · 17 January 2013
The hiring of Steve Smith, formerly of Westbrook Partners, is part of the Dallas-based firm’s plans to ramp up its fundraising efforts.
2 min read · 17 January 2013
The Atlanta-based real estate investment firm has acquired a 1.4 million-square-foot Class A office property in Irving, Texas on behalf of its sixth value-added fund.
2 min read · 17 January 2013
The $15 billion pension fund has promoted Lindsey Adams to senior portfolio manager of real estate, a position that has been vacant for more than two years.
1 min read · 17 January 2013
The New York-based firm continues to make strong inroads into its capital raising exploits for its second Japan focused fund. Townsend was one of the investors in its first closing.
2 min read · 17 January 2013
The New York-based private equity and real estate firm has sold a 40 percent stake in a luxury residential development on behalf of a large Asia fund inherited through its takeover of Bank of America Merrill Lynch’s Asia private equity real estate platform.
2 min read · 17 January 2013
The Toronto-based asset manager has pulled the plug on an agreement to take over three luxury resort properties in the Bahamas and Mexico from Kerzner International after a Delaware judge granted a temporary restraining order to halt the transaction.
2 min read · 17 January 2013
Jumbo deal in St Petersburg for Morgan Stanley’s real estate investment management unit as it continues to put G7 equity to work.
2 min read · 17 January 2013