The New York-based real estate investment manager has formed a joint venture with the Feil Organization to acquire 21 Penn Plaza for $130 million.
1 min read · 18 January 2013
The New York-based real estate investment manager has acquired a portfolio of 586 senior apartment units in the Golden State.
1 min read · 18 January 2013
A court ruling today which found global investment firm Lone Star guilty of stock price manipulation could pave the way for the US group to finally offload its stake in Korea Exchange Bank.
2 min read · 18 January 2013
The $146.9 billion pension fund has allocated $300 million to the Chevy Chase, Maryland-based emerging fund manager.
2 min read · 18 January 2013
A conversation with a German private equity real estate fund manager at the EXPO Real conference in Munich this week threw the spotlight on a deep-rooted reluctance by German lenders to allow large, discounted loan book sales to US private equity houses like in the mid-naughties.
4 min read · 18 January 2013
US special servicer owned by Lewis Ranieri’s company, Ranieri Partners, has acquired global real estate advisory firm, The Situs Companies.
2 min read · 18 January 2013
Opportunistic real estate funds have hit a total target of $76 billion, according to research by New York-based Clerestory Capital Partners.
2 min read · 18 January 2013
Investment Management Group (IMG), the Russia-focussed firm led by former Morgan Stanley professional Maksim Kunin and Igor Turkin, will continue with its development strategy for a follow-on fund.
1 min read · 18 January 2013
A report from Cushman & Wakefield has revealed that NYC has overthrown London as the Number One city luring in commercial property investors.
3 min read · 18 January 2013
AEW Europe said investors should be demanding higher-risk premiums, according to the circumstances of individual markets, and that 'non super-safe yields' will rise across the board in the eurozone by year-end unless a ‘convincing solution’ to the crisis is found to satisfy financial markets.
3 min read · 18 January 2013
