The Denver-based fund manager has signed a $100 million separate account targeting bridge loans. In addition, it has held a first close of $35 million for its second commercial real estate finance fund.
1 min read · 18 January 2013
The Chicago-based firm has opted not to seek an extension to the investment period of its $3 billion LaSalle Asia Opportunity Fund III in favour of bringing a successor fund to the market.
2 min read · 18 January 2013
The multi-manager platforms of Aviva Investors, Henderson Global Investors, ING Real Estate and CBRE Investors are among those backing a pre-seeded investment fund led by Sydney-based Lend Lease.
2 min read · 18 January 2013
A joint venture between the New York-based private equity firm and the Palm Beach, Florida-based hotel REIT has acquired the 64 hotels owned by Innkeepers for $1.02 billion. Innkeepers subsequently has emerged from Chapter 11.
2 min read · 18 January 2013
The former managing director of real estate consulting services at Pension Consulting Alliance is joining Morgan Stanley in November.
2 min read · 18 January 2013
The investment arm of the Dubai government has teamed up with the Toronto and New York-based asset manager to launch the first investment fund to target Dubai real estate.
2 min read · 18 January 2013
Legal & General Property closes UK Property Income Fund on £300m of equity commitments from 14 institutional investors against a ‘tough’ fundraising climate.
2 min read · 18 January 2013
Firm headed by ex-Cerberus executive Saul Goldstein has purchased the AOC building in Frankfurt, the first deal for its €238 million distressed property fund.
1 min read · 18 January 2013
The Armonk, New York-based student housing specialist has exceeded its initial target of $350 million.
2 min read · 18 January 2013
The Townsend Group has underwritten a cornerstone investment in its first UK offering, the open-ended AEW UK Core Property Fund, on behalf of a large, unnamed pension fund client.
3 min read · 18 January 2013
