The $9bn distressed investment specialist will provide more than half a billion dollars to bail out Standard Pacific, buffeted by the sinking Southern California real estate market.
2 min read · 22 January 2013
JER president and chief operating officer Michael Pralle tells PERE the McLean, Virginia-based firm will rival the likes of Tishman Speyer and Carlyle in terms of capital raised for real estate funds and deals.
2 min read · 22 January 2013
Many fledgling private equity real estate fund managers could be severely affected as limited partners look to place larger amounts of capital with fewer GPs.
2 min read · 22 January 2013
The London-based real estate investment firm is telling investors Eastern European retail investments are providing attractive returns.
1 min read · 22 January 2013
The Singapore state-owned investor’s recently launched dual country fund has invested in a $320m development in China’s Guangdong province.
1 min read · 22 January 2013
Hypo Real Estate has left shareholders in limbo by saying it cannot recommend either acceptance or rejection of an approach by US firm JC Flowers to acquire 24.9 percent of the company.
3 min read · 22 January 2013
The US state has revealed a major funding gap in key infrastructure projects, if it is to keep pace with growing population over the next 25 years.
3 min read · 22 January 2013
The $1 billion joint venture with New York developer Related Companies to transform the largest undeveloped plot of land in Manhattan is formally agreed.
1 min read · 22 January 2013
The New York-based real estate investment firm has held a first close on its value-add domestic emerging fund, which will invest in underserved markets in major US cities.
2 min read · 22 January 2013
The firm has acquired several commercial and residential assets in Bucharest in the largest real estate acquisition in the Romanian market.
1 min read · 22 January 2013