The US private equity firm has arranged a €172.5 million bank facility with Bank of America Merrill Lynch.
2 min read · 21 January 2013
The real estate lender has filed for bankruptcy protection. Sponsors KKR, Five Mile and Goldman Sachs are set to record one of the biggest private equity losses in history.
2 min read · 21 January 2013
The Chicago-based value-added fund manager has closed Heitman European Property Partners IV on €505m.
1 min read · 21 January 2013
The court ruling that Tishman Speyer and BlackRock improperly raised rents on rent-stabilised apartments at a landmark New York complex is big news for the firms – and New York real estate. By Zoe Hughes
4 min read · 21 January 2013
New York’s highest court finds that Tishman, BlackRock, and previous owner MetLife, improperly deregulated rents at the Manhattan complex. Tenants who brought the case are claiming back rent and damages of up to $600m.
3 min read · 21 January 2013
The two private equity firms have partnered with First Republic’s management to carve out the group from BofA for a reported $1bn.
2 min read · 21 January 2013
Colony Financial and private equity real estate funds managed by the Los Angeles-based firm have provided a first mortgage loan to homebuilder William Lyons Homes.
1 min read · 21 January 2013
Shareholders have backed plans to turn the special purpose acquisition vehicle set up by NRDC in 2007 into a REIT. The SPAC, which raised $414m in its 2007 IPO, would have legally had to liquidate if shareholders had said no.
1 min read · 21 January 2013
The Singapore-based firm has secured a three-year advisory deal with Ho Chi Minh City developer Novaland that is likely to lead to an investment in its $500m Sunrise City Shopping Centre development among others.
2 min read · 21 January 2013
The Beijing-based private equity fund launched by former Goldman Sachs executives has reportedly made its first investment outside of China.
1 min read · 21 January 2013
