The San Francisco-based real estate investment manager has wrapped up fundraising for its debut value-added fund. The firm also recently made its fourth acquisition on behalf of the vehicle.
2 min read · 17 January 2013
A venture between AREA and Vantage Properties has sold the Savoy Park apartment complex in Harlem to a fund created by Citigroup and L&M for $210 million.
2 min read · 17 January 2013
The Morristown, New Jersey-based firm has teamed with New York Life to buy 575 Lexington Avenue from CalSTRS and developer Larry Silverstein.
2 min read · 17 January 2013
The Swiss group is currently highlighting real estate secondaries, senior debt and preferred equity investments in its investment thesis as it more than doubles the size of its last vehicle in a global series.
2 min read · 17 January 2013
A bi-annual study by Seattle-based asset manager, Russell Investments, suggests institutional investors continue to demand exposure to alternative assets. But when it comes to real estate only 38 percent say funds are the chosen vehicle.
2 min read · 17 January 2013
The Houston-based firm has re-acquired the Waterway Plaza I & II on behalf of its Cash Flow Real Estate Partners One fund for $83 million.
2 min read · 17 January 2013
The Stockholm based company is raising a core-plus real estate fund to add to its series of Nordic opportunistic funds.
1 min read · 17 January 2013
The London-based firm started by former Lehman Brothers bankers has provided a rare bright spot in the European opportunistic fundraising market by reaching £60 million for its first fund.
2 min read · 17 January 2013
The chief executive of the Sorgente Group says he wants the London property market to ‘sit up and take notice’ of its arrival as the Rome-based asset manager acquires Queensberry House on behalf of its semi-closed ended, Donatello Fund.
3 min read · 17 January 2013
On the sidelines of last week’s PERE Summit: Europe in London, PERE heard from Russell Jewell, AEW Europe’s head of private equity funds, on why its important for investors to allow their managers keep some flexibility.
2 min read · 17 January 2013