The subsidiary of New York-based real estate investor Vantage Properties has bought a 776-unit garden apartment block in New Jersey. It is Vantage Mid-Atlantic’s first deal and first JV with Angelo Gordon.
1 min read · 21 January 2013
The California Public Employees’ Retirement System and a JV partner have purchased a majority stake in a portfolio of shopping centers it sold four years ago. The deal indicates CalPERS propensity for core income yielding property.
2 min read · 21 January 2013
Investec Property Investments has teamed with London wealth manager Credo to acquire a central London block. Investec's investment is being made via its GLL Special Opportunities Fund.
1 min read · 21 January 2013
US legislators want regulators to determine if certain structures encourage undue risk taking at finanical firms with more than $1bn in assets.
3 min read · 21 January 2013
The McLean, Virginia-based firm is immediately closing its Latin America fund and operations.
2 min read · 21 January 2013
The Dallas-based private equity and real estate investor is expected to garner up to $2bn in commitments by the end of August as part of its efforts to raise $20bn to target distress, according to Bloomberg.
1 min read · 21 January 2013
The filing for Chapter 11 this week of Station Casinos could have a damaging impact on the public perception of the private equity real estate industry, argues Zoe Hughes
2 min read · 21 January 2013
Placement agents have formed a loose coalition in the US, as the SEC considers barring state pensions from interacting with them.
4 min read · 21 January 2013
Trilyn managing director Mark Antoncic has warned limited partners to band together and be assertive when trying to preserve their investments. In some cases, this could involve replacing the GP.
2 min read · 21 January 2013
The pension's former real estate head, Michael Latimer, takes the CIO reins as OMERS prepares to manage third-party money as well as a multi-billion co-investment fund for institutional LPs.
2 min read · 21 January 2013
