The real estate investment management arm of UK insurer Prudential is close to buying a £105 million portfolio which would seed a vehicle aimed at amassing private rented housing in the country.
2 min read · 27 August 2013
The Philadelphia-based firm has raised $127.99 million for LEM Real Estate High-Yield Debt and Preferred Equity Fund III, which is targeting structured real estate finance investments in the US.
1 min read · 27 August 2013
Limited partners will likely shift away from making commitments to diversified fund of funds due to poor relative performance and a move toward more customised strategies.
2 min read · 27 August 2013
The state agency, which manages an estimated $163.5 billion in total assets, has launched a search for consultants to assist on both traditional and non-traditional real estate investments.
2 min read · 27 August 2013
The White House wants to exempt foreign investors from certain US tax when selling US real estate or infrastructure assets.
1 min read · 27 August 2013
The Los Angeles-based fund manager is acquiring 2 Rector Street from a venture between Savanna and Stellar Management.
1 min read · 27 August 2013
The Los Angeles-based real estate investment firm has made its largest land acquisition to date – a 297-acre parcel in Austin, Texas – as part of a larger plan to develop a master-planned technology and office park.
2 min read · 27 August 2013
The real estate arm of Caisse de dépôt et placement du Québec has rearranged several executives as a means to strengthen its Canadian and international platforms.
3 min read · 27 August 2013
A venture led by the New York-based investment firm has purchased a portfolio of nonperforming loans and real estate owned from Banco Popular de Puerto Rico.
2 min read · 27 August 2013
The Philadelphia-based real estate firm’s latest opportunistic vehicle will have a significantly lower target size than its $2 billion predecessor.
2 min read · 27 August 2013
