Sacramento, California-based private equity firm Dunmore Capital says finished lots in parts of the US are now selling for steep discounts. Founder Sid Dunmore warns there is more pain ahead for developers.
2 min read · 22 January 2013
The US industry body, the Real Estate Roundtable, said the US government’s $700bn plan to buy-up troubled mortgage-related assets had a high ‘price tag,’ but argued that it was the best way forward.
2 min read · 22 January 2013
Singapore’s largest sovereign fund has increased its investments in private equity and real estate in recent years – a trend likely to continue owing to the turmoil in the financial markets. The change was revealed as part of its first performance report, which also shed rare light into the GIC’s structure.
2 min read · 22 January 2013
The real estate investment firm has acquired three residential properties in France. The deal was made through its ING Real Estate French Residential Fund.
1 min read · 22 January 2013
The Illinois State Universities Retirement System has chosen to pursue its long-term private equity target allocation through continued investment while other LPs are pulling back on the asset class in an effort to combat over-weighting.
2 min read · 22 January 2013
An affiliate of the Washington DC-based private equity real estate firm has unveiled PRC Securities, which will raise funds for Perseus Realty and third party real estate vehicles targeting the middle market.
2 min read · 22 January 2013
New York-based real estate investment firm GoldenTree InSite Partners has partnered with LDI – Inteligência Urbana Completa to target real estate development projects in and around São Paulo.
1 min read · 22 January 2013
The asset management arm of Dutch banking group Rabobank is raising its second fund of funds dedicated to responsible investing and outperforming ‘mainstream private equity’.
1 min read · 22 January 2013
Six out of 10 commercial real estate executives believe the credit crisis has now had a greater impact on the real estate industry than during the crisis of the late 1980s, early 1990s. Just 10 percent are ‘bullish’ on the opportunities created by the distress, most attracted to multifamily.
2 min read · 22 January 2013
The $80.1bn Washington State Investment Board has approved $1.7bn in commitments, including $900m to two RE funds. The pension also committed $600m to private equity funds and $250m to infrastructure and commodities.
2 min read · 22 January 2013
