The Northbrook, Illinois-based multifamily operator has amassed 70 percent of the targeted capital for its latest fund, through which it will seek to co-invest with institutional joint venture partners for the first time.
2 min read · 17 January 2013
Following the promotion of four executives, the New York-based real estate multi-manager has hired Douglas Lee to head up its sales, marketing and investor relations efforts.
2 min read · 17 January 2013
CPPIB, CIC and GIC back Global Logistic Properties in the purchase of a huge Brazilian portfolio, making the firm the largest logistics real estate investment manager in the country.
3 min read · 17 January 2013
The Australian Securities Exchange-listed property developer-cum-investment manager has appointed Jonathan Hannam with a mission to further its exposure to the world’s institutional investors and to add to its partnerships.
2 min read · 17 January 2013
The New York-based fund manager officially has closed on $819 million for its latest fund, plus an additional $150 million for a sidecar vehicle.
2 min read · 17 January 2013
The real estate investment firm that specialises in Latin America and the Caribbean has received $150 million in commitments to invest in low- and middle-income residential housing projects in Peru, Colombia, the Dominican Republic and Panama.
2 min read · 17 January 2013
The global property services firm told PERE it wants to expand the offering of its corporate finance offering beyond capital raising, despite platform head Nicholas Crockett’s resignation last week.
2 min read · 17 January 2013
The New York-based real estate investment manager has closed fundraising for Westbrook Real Estate Fund IX at roughly $1.6 billion in commitments, slightly below its original target of $2 billion.
2 min read · 17 January 2013
President Obama’s election to a second term means the industry should brace for potential changes to tax treatment, but at least it eliminates the uncertainty.
2 min read · 17 January 2013
The Stockholm-based company, best known for large opportunistic funds, has now held a second close on a core-plus Nordics product targeting 10% net returns for LPs.
1 min read · 17 January 2013