Direct real estate investing takes centre stage as Korea’s national pension fund seeks rapid growth in alternative assets. PERE magazine October 2009
3 min read · 21 January 2013
The Oregon Investment Council approved a $400m commitment to Lone Star, partly because the firm altered its fee structure and governance procedures to be more ‘LP friendly’.
2 min read · 21 January 2013
Private real estate fund managers are attracted by capital raising opportunities on the public markets. However in launching REITs, GPs may be opening themselves to lawsuits if things go wrong. PERE magazine October 2009
3 min read · 21 January 2013
The New York-based real estate investment firm pulls plans for a mortgage REIT after poor showing in the public markets.
1 min read · 21 January 2013
The private equity real estate firm, together with Fortress, DE Shaw and Five Mile, has offered $3.5bn for the hotel group’s $4.1bn first mortgage, according to the WSJ. The plan would rival a bankruptcy court reorganisation plan.
2 min read · 21 January 2013
Although no reasons have been given for the firing, local media in North Carolina has focused on Patricia Gerrick accepting free trips around the world to meet fund managers.
3 min read · 21 January 2013
A newly established team including Doug Gardner, the former chairman and chief executive of UK property company Brixton, are planning to raise capital for an industrial property partnership buying assets in and around Greater London.
2 min read · 21 January 2013
Donald Bethe has joined Kennedy Wilson’s capital markets team as senior managing director.
1 min read · 21 January 2013
Around 116 opportunistic funds were seeking to raise $109bn in capital as of August, according to Clerestory Capital Partners. By Q2, 47 funds targeting $35.5bn failed to come to market or were put on hold, particularly emerging market strategies.
2 min read · 21 January 2013
RREEF Alternative Investments, AREA Property Partners and Europa Capital has completed the sale-leaseback acquisition of a significant majority of Spanish property assets owned by bank, BBVA.
1 min read · 21 January 2013
