The New York-based developer’s Real Estate Recovery Fund has found itself oversubscribed. In addition, the vehicle already has invested $200 million in distressed assets and loans for failed development deals.
3 min read · 17 January 2013
The New York-based private equity giant has designated Jonathan Gray as its sole global head of real estate as Chad Pike dedicates more time to Blackstone's entire European platform.
2 min read · 17 January 2013
The New York-based private equity giant’s North America head of real estate and other members of its North America real estate team have left or will be leaving the firm after struggling to raise capital for its US real estate fund.
2 min read · 17 January 2013
The hiring of Steve Smith, formerly of Westbrook Partners, is part of the Dallas-based firm’s plans to ramp up its fundraising efforts.
2 min read · 17 January 2013
The New York-based firm continues to make strong inroads into its capital raising exploits for its second Japan focused fund. Townsend was one of the investors in its first closing.
2 min read · 17 January 2013
The Toronto-based asset manager has pulled the plug on an agreement to take over three luxury resort properties in the Bahamas and Mexico from Kerzner International after a Delaware judge granted a temporary restraining order to halt the transaction.
2 min read · 17 January 2013
The San Francisco-based real estate investment management firm exceeded the capital raising target for its third value-added real estate fund within six months.
2 min read · 17 January 2013
The New Delhi-based private equity real estate firm becomes one of few Asian firms in 2011 to have reached its capital raising target after holding its final closing in December.
2 min read · 17 January 2013
The Chicago-based real estate firm has also made its first acquisition on behalf of its open-ended property fund targeting assets within the education, healthcare and storage markets.
2 min read · 17 January 2013
Gerding Edlen Green Cities I which targets US multifamily assets, is fully-invested. In addition, the Portland, Oregon-based developer is planning to launch a follow-up vehicle targeting more capital.
2 min read · 17 January 2013
