The mortgage REIT created by Barry Sternlicht’s Starwood Capital group has acquired three loans secured by hospitality and retail assets across the US. Starwood Property Trust has spent 30% of its IPO proceeds.
2 min read · 24 January 2013
The White Plains, New York-based firm has acquired Sallie Mae’s headquarters in Virginia through its $964m Rockwood Fund VIII.
1 min read · 24 January 2013
After months of speculation, the two firms confirmed New York's Stuyvesant Town/Peter Cooper Village complex had missed a $16m debt service payment due today. Tishman hope to restructure the $5.4bn deal's debtload.
2 min read · 24 January 2013
Mark Wiseman has been promoted to a newly-created position of investments executive vice president at the Canadian pension, in charge of real estate, private and public investments.
2 min read · 24 January 2013
If commercial real estate is the next shoe to drop, what does 2010 entail for private equity real estate investors? PERE offers 10 predictions for the coming year
4 min read · 24 January 2013
The pension has investments in its pipeline that could bring its total commitments to the asset class to $1bn or more by early 2010. CalPERS has already invested $700m to the asset class.
2 min read · 24 January 2013
Jeffrey Gundlach allegedly set up his firm, DoubleLine Capital, using TCW’s client information.
2 min read · 24 January 2013
The firm has obtained €42.5m of financing from Deutsche Pfandbriefbank to acquire the building. It accredited “deep analysis” of the leasing market as a key factor behing the purchase.
1 min read · 24 January 2013
Adding to the private equity momentum in Latin America’s largest economy, the firm will buy a majority stake in CVC Brasil, a major tour and travel company based in Santo Andre.
2 min read · 24 January 2013
Having declared its intent to invest heavily in major international city offices in September last year, Korea’s largest pension fund has reportedly continued its spending program with a large outlay for an office in Sydney.
1 min read · 24 January 2013
