The Denver-based private equity real estate firm will partner with Davidson Hotel Company to acquire and complete a $23m overhaul of the 264-room Hyatt Regency, which sits on an island in Newport Harbor.
2 min read · 23 January 2013
The value-added fund expects to raise between $650m and $750m in equity and command more than $2 billion in buying power.
2 min read · 23 January 2013
GE’s real estate investment arm has acquired a diversified portfolio from the Dallas-based real estate investment firm’s third private equity vehicle. In a separate deal, GE has agreed to sell the retail portion to Kimco Realty for $920m.
1 min read · 23 January 2013
Capmark has partnered with San Antonio-based Brass Real Estate Funds to acquire 1.1 million square feet of office space for an estimated $85m.
2 min read · 23 January 2013
The Nordic private equity firm has thus far raised €69m for CapMan RE II, a real estate vehicle focused on development in Finland.
2 min read · 23 January 2013
Colesville Partners, an opportunistic vehicle sponsored by Sunburst Hospitality, will have $1bn in buying power.
1 min read · 23 January 2013
Japanese property company DaVinci has acquired 40,000 square meters of office space in central Tokyo from Hong Kong businessman Richard Li. It is considered by some to be Asia’s largest single-asset real estate transaction.
2 min read · 23 January 2013
The Pennsylvania-based real estate investment firm has already committed approximately a third of its new vehicle and expanded beyond the mid-Atlantic region with its first buy in Chicago.
2 min read · 23 January 2013
The private equity arm of Standard Chartered has invested $33 million in an auto component market based in India.
1 min read · 23 January 2013
A luxury condo conversion in Midtown Manhattan with interior touches by fashion designer Peter Som has been sold to the hotel company Hyatt amid a softening condo market.
2 min read · 23 January 2013
