The Italian firm has exited Gossler’s Park after completing the development.
1 min read · 21 January 2013
The troubled private equity real estate firm has lost control of 120 Howard Street to mezzanine note holder, Prudential Real Estate Investors. PREI financed $23.2m in mezzanine loans at the time of the deal in May 2007.
2 min read · 21 January 2013
Club-style vehicles have won plaudits for attracting otherwise unsure investors. But will sellers be impressed? By Jonathan Brasse
3 min read · 21 January 2013
No-one from Prospect Acquisition Corp, the $248m blank-cheque company that has acquired Kennedy Wilson, will be joining the firm following the deal, PERE has been told.
2 min read · 21 January 2013
The sovereign fund, whose portfolio recently recouped some of the value it had lost in the past fiscal year, has not made clear how its private equity investment strategy may shift.
2 min read · 21 January 2013
The Orlando-based real estate investment firm has acquired America’s Capital Partners’ GP stake in 22 office buildings and hired ACP co-founder Rudy Touzet as chief executive officer. ACP says deal is for LP interests held by chairman Allen de Olazarra.
2 min read · 21 January 2013
John Roberts will retire in March next year to spend more time with his family. His role will be assumed by AMB Europe and Asia president Guy Jaquier. Roberts is retiring to spend more time with his family.
1 min read · 21 January 2013
UK property brokers Simon Holley and Simon Blake are to set up their own opportunity fund platform called Altyon Partners.
1 min read · 21 January 2013
Joint venture created with UK REIT, British Land, to own and further improve Broadgate next to Liverpool Street Station.
2 min read · 21 January 2013
Levine Leichtman, HM Capital, Access Capital and Falconhead Capital will pay a total of $4.5m to settle with the New York attorney general’s office.
2 min read · 21 January 2013
