The firm, which manages the $1bn Canyon Johnson Urban Fund, has just bought the construction loan and equity interests in Brooklyn’s 20 Henry St project, after Urban Realty and AIG defaulted on the scheme’s $31m loan.
2 min read · 24 January 2013
The Hong Kong-based firm is eyeing another $200m in commitments over the next three months for its Trophy Property Development II vehicle. Fund I raised more than $1bn in 2008.
2 min read · 24 January 2013
More than 300 bids were submitted for the sale-leaseback of 11 state buildings, with Hines and Antarctica Capital bidding almost four times the original sales estimate.
2 min read · 24 January 2013
The private equity firm and South Korea's $270bn National Pension Service have acquired the 23.44% stake in Colonial Pipeline being sold by energy giant Chevron.
2 min read · 24 January 2013
The private equity firm and South Korea's $270bn National Pension Service have acquired the 23.44% stake in Colonial Pipeline being sold by energy giant Chevron. KKR indicated Colonial might be a good fit for its infrastructure portfolio.
2 min read · 24 January 2013
The private equity industry accounted for 73% of UK M&A activity in the first half of the year, its highest proportion on record.
2 min read · 24 January 2013
This week saw the EXPO REAL 2010 property show in Munich, Germany, bluster along. Here are some key takeaways:
3 min read · 24 January 2013
Centerbridge Properties, Paulson & Co and the Blackstone Group have acquired the hotel group for $3.9bn
2 min read · 24 January 2013
Momentum Real Estate Partners eyes final close in the next year for its debut vehicle, as it targets distressed multifamily in the US Sunbelt region.
1 min read · 24 January 2013
The private equity placement agent recently added Michaela Sved, former head of investor relations for Macquarie Infrastructure Partners, to a growing team dedicated to the infrastructure asset class. But the team will focus on more than just fund placement, according to MVision CEO Mounir Guen.
2 min read · 24 January 2013
