The New York private equity firm has set up a five- year fund with Sino-Ocean Land into which both parties are putting $70m.
3 min read · 18 January 2013
Helaba bank and Aareal step in to finance NPS’ French shopping centre, O’Parinor, which Rockspring Property Investment Managers sourced a year ago.
1 min read · 18 January 2013
Why this week’s announcement that Townsend’s senior management has sold 70 percent of the company to a group ultimately owned by a private equity firm is not great news for its rivals.
3 min read · 18 January 2013
The state-owned corporation that manages Alaska’s $38.2 billion investment fund has acquired a minority stake in the Manhattan skyscraper from Rockpoint Group, in a deal that is said to be worth more than $1,000 per square foot.
1 min read · 18 January 2013
The potential of the nonperforming loan market in Germany alone may be enough to create its own ‘discrete asset class’. PERE Magazine September 2011 issue.
2 min read · 18 January 2013
In conjunction with Westmont Hospitality, the Stamford, Connecticut-based investment management firm has acquired $700 million in loans backed by 143 Red Roof Inns, thereby assuming control of the properties.
2 min read · 18 January 2013
The Canada Pension Plan Investment Board (CPPIB) has followed up its first investment in Hong Kong a couple of months ago with its first in Japan via a $500m JV with Singapore-listed Global Logistics Properties.
2 min read · 18 January 2013
Rahul Ghai has been hired by the real estate investment management business of Deutsche Bank having previously worked at Standard Chartered Bank, Istitmar, and Jones Lang LaSalle.
2 min read · 18 January 2013
The McLean, Virginia-based real estate firm has sold its special servicing and collateralized debt obligations management businesses to C-III Capital Partners.
2 min read · 18 January 2013
The Cleveland-based real estate advisory and investment firm has been 70 percent sold to Aligned Asset Managers, a portfolio company of Chicago-based private equity firm GTCR. As part of the deal, founding partners Terry Ahern and Kevin Lynch have agreed new five-year employment deals.
3 min read · 18 January 2013
