The New York-based private equity real estate firm is looking to buying a pool of distressed loans from Morgan Stanley’s balance sheet, with a face value of more than $1.1bn and backed by 30 properties in the greater Tokyo area.
2 min read · 24 January 2013
The Boston-based private equity real estate firm has sold its stake in the Telus Tower to the Healthcare of Ontario Pension Plan, which now owns 90% of the 810,000 sq. ft property.
2 min read · 24 January 2013
Alfred Villalobos, the embattled placement agent accused of bribery, said he plans to sue CalPERS for spreading 'lies' about him.
2 min read · 24 January 2013
General Atlantic is exiting its minority position in healthcare management company Qualicorp as Carlyle takes control.
2 min read · 24 January 2013
Crispin Gandy, who was a partner and head of investment at London-based property company Exemplar Properties, has joined Johannesburg specialist bank and asset manager Investec to aid its real estate expansion in the UK.
2 min read · 24 January 2013
The global head of Clifford Chance’s private funds group, Jason Glover, will establish a UK practice for Simpson Thacher & Bartlett.
2 min read · 24 January 2013
The California State Teachers’ Retirement System refuses to ‘sell at loss’, temporarily shifting 5% of its equities portfolio to real estate, private equity and fixed income to take advantage of distress.
2 min read · 24 January 2013
Morgan Stanley Real Estate Investing has sold a serviced apartment scheme in Pudong for $177 million in a deal described by the South China Morning Post as the second largest in Shanghai in 2010.
1 min read · 24 January 2013
The Canadian private equity investors are at ‘advanced’ stages of due diligence for what would be the largest UK LBO this year.
2 min read · 24 January 2013
Following in the footsteps of US homebuilder Lennar, Toll Brothers will target distressed loan portfolios and development land.
1 min read · 24 January 2013
