The US Congress today passed sweeping financial reform legislation, which includes the so-called Volcker Rule and required SEC registration for private equity and real estate firms.
2 min read · 24 January 2013
Mall and real estate developer Entertainment World Developers plans to raise fresh capital through an IPO to fund new projects in India.
2 min read · 24 January 2013
Mubadala, the Abu Dhabi sovereign wealth fund, is to step up its real estate investment programme via a joint venture with Pramerica Real Estate Investors. Mubadala Pramerica Real Estate Investors will initially focus on investing in Abu Dhabi and the Middle East but is expected to evolve into a more international platform in time.
2 min read · 24 January 2013
The global asset management and advisory firm aims to ramp up direct investments in Latin America, including clean energy infrastructure deals.
1 min read · 24 January 2013
After being subject to one actual mezzanine foreclosure auction, threatened with two more and ultimately placed into bankruptcy protection, the W Hotel – Union Square will be sold to Host Hotels & Resorts.
2 min read · 24 January 2013
The Los Angeles-based firm teamed up with the Cogsville Group to beat three rivals for the portfolio of 1,660 loans.
2 min read · 24 January 2013
daVinci founder Osamu Kaneko's reign as president has ended as Fortress has bought $230m of its debt, Nikkei reported.
2 min read · 24 January 2013
The nation's two largest public pensions are responding to increased private equity and real estate workloads by adding staff positions to better manage GP relationships.
3 min read · 24 January 2013
The latest fund from Blackstone's credit-focused affiliate has already invested roughly $600m in seven different companies.
2 min read · 24 January 2013
DTZ Investment Management, the real estate investment management arm of global property services firm DTZ, is preparing its first Asia real estate fund ahead of a September launch.
2 min read · 24 January 2013