The New York-based firm is targeting office, residential and industrial projects in Rio de Janeiro and expects to close between five and six deals, representing up to R$147m of equity, in the next 60 days.
2 min read · 24 January 2013
The subdued economic backdrop to Europe means the primary challenge facing real estate investors is how to invest in a low growth environment without taking on unwanted or unmanageable risks.
3 min read · 24 January 2013
The New York-based firm has acquired a 40% stake in a pool of 102 commercial real estate loans, primarily in Florida and Georgia, for roughly $7 million. To support the deal, Hudson will open an office in Florida.
2 min read · 24 January 2013
The nursing home chain taken private by Carlyle in 2007 has agreed to sell 338 skilled and assisted living facilities to healthcare-focused REIT HCP.
2 min read · 24 January 2013
Chicago now has eight more months to decide whether to re-bid the airport. However, the Federal Aviation Administration warned that if another airport applied for Midway’s slot in its pilot privatisation programme before 31 July 2011, it would ‘evaluate both Chicago’s application and preliminary applications’ filed for the spot.
2 min read · 24 January 2013
The swift negotiations highlight airlines’ changing attitudes toward airport privatisation, which was initially viewed with skepticism at the outset of the Midway Airport privatisation process but is being supported by the carriers who serve Luis Muñoz Marín International Airport in San Juan.
3 min read · 24 January 2013
Neinver, the Madrid-based firm with a Continental Europe retail development arm, and London-based retail investment specialist, Meyer Bergman, have teamed up for a €200 million mixed use scheme at Katowice
1 min read · 24 January 2013
The $4.7bn global opportunity fund has purchased the restructured mezzanine debt secured by Blackstone’s Hospitality Europe portfolio after the properties’ senior mortgage was renegotiated.
2 min read · 24 January 2013
The bank’s asset management arm is creating a new opportunistic group within Global Real Assets and has tapped Investcorp’s co-head of real estate to lead the effort.
1 min read · 24 January 2013
As Blackstone winds up fundraising for its second special situations fund, the firm begins to look further down the risk spectrum for investments.
3 min read · 24 January 2013