Alternative asset manager Cerberus has withdrawn from the consortium mulling a counter-bid for Equity Office in excess of $36 billion.
1 min read · 22 January 2013
Private equity real estate firm JER Partners is working with Formation Capital to acquire the long-term health care portfolio Genesis Health Care.
2 min read · 22 January 2013
New York private equity real estate firm Phoenix Realty Group has raised $176m for two funds focused on urban property in New York and Los Angeles.
2 min read · 22 January 2013
US real estate trust Vornado has reportedly joined the consortium mulling a counter-bid for Equity Office.
2 min read · 22 January 2013
As Los Angeles-based Colony Capital launches a bid to acquire casino operator Station Casinos, the gambling play is becoming a more attractive bet to private equity real estate firms. By Aaron Lovell.
2 min read · 22 January 2013
TV personality Merv Griffin, producer of game show hits like Jeopardy and Wheel of Fortune, has always been a big real estate investors—now, he’s looking to get bigger.
2 min read · 22 January 2013
The real estate and investment advisory business of Prudential Financial has won a beauty contest to help develop senior living communities in the UK.
1 min read · 22 January 2013
According to reports, US distressed debt specialist Cerberus may look to trump Blackstone’s $36bn offer for Equity Office, the biggest buyout to date.
2 min read · 22 January 2013
The alternative investment firm has bought 5,900 apartments to extend Gagfah’s position as Germany’s largest publicly quoted residential property company.
2 min read · 22 January 2013
New York hedge fund Dune Capital Management and California private investment group DiNapoli Capital Partners have acquired the Hyatt Regency in San Francisco for a reported $200m.
1 min read · 22 January 2013
