The Beverly Hills-based investment firm has acquired the office and retail brokerage and property management company, Sachse Real Estate, as it looks to boost its retail investments around the Los Angeles area.
2 min read · 24 January 2013
The $10.2bn pension has invested in a core JPMorgan fund and a UBS private REIT.
1 min read · 24 January 2013
The London-based real estate real estate investment and fund management firm has hired Craig McWilliam from Fortress as it seeks to expand its UK real estate development exposure.
1 min read · 24 January 2013
It’s time to tether carried interest to GP confidence, writes David Snow.
4 min read · 24 January 2013
The New York-based fund manager has helped Hilton buy back $1.8bn of debt and convert $2.1bn of junior mezzanine debt into preferred equity. The company now has $16bn of debt due 2015.
1 min read · 24 January 2013
Fairmont Raffles Hotels International, the hospitality company taken private by Colony Capital and Kingdom Holding Company, is reportedly preparing to sell the legendary Raffles Hotel in Singapore to Qatari Diar. The Qatar sovereign wealth fund has yet to decide on the amount of money required to refurbish the colonial icon.
2 min read · 24 January 2013
RREEF promotes asset and portfolio management head Paul Keogh to chief investment officer for its Asia Pacific business. Keogh, who has also held other roles at RREEF, replaces Mark Fogle who resigned at the end of last month.
1 min read · 24 January 2013
The mega-firm has hired a lobbyist to advocate against a proposed California law that would end payments to placement agents for successful fundraisings.
3 min read · 24 January 2013
The London-based fund manager has held a first close on its core vehicle, the UK Property Income Fund, and hopes to raise a total of £500m. In order to entice interest, the fund will allow investors to choose their own amount of leverage.
2 min read · 24 January 2013
Wendy Yao has resigned as Apollo Global Management works towards completing the takeover of Citi Property Investors by the end of June
2 min read · 24 January 2013
