Private equity real estate funds are being challenged by liquidity issues, not only from the lack of financing in the capital markets but also from rising costs related to other significant shifts in the industry, according to a new report from the accounting and advisory services firm.
3 min read · 17 January 2013
The New York-based private real estate investment firm, led by former Blackstone chief executive John Kukral, has entered into a joint venture to buy a Chicago office tower with a troubled and complicated history.
2 min read · 17 January 2013
A partnership led by Singapore’s sovereign wealth fund has purchased a controlling stake in a 1.25 million-square-foot office tower that houses Morgan Stanley and Blackstone.
1 min read · 17 January 2013
The New York-based real estate multi-manager has named a new co-chief investment officer and three new partners as the firm expands its international reach.
2 min read · 17 January 2013
The $15 billion state endowment has contributed $50 million to RREF IV – its third investment in the non-core space this year.
2 min read · 17 January 2013
Lynda Shillaw, currently a managing director of corporate real estate at Lloyds Banking Group, will join the £138 billion UK asset manager on 1 January.
2 min read · 17 January 2013
The Greenwich, Connecticut-based real estate firm has agreed to purchase the InTown Suites hotel chain on behalf of its ninth distressed opportunity fund. The price includes the assumption of about $617 million in debt.
1 min read · 17 January 2013
New York private equity real estate firm adds to its small property portfolio in the country with the purchase of a half-stake in a trio of office parks in Bangalore and Pune from developer Embassy Property Developments.
2 min read · 17 January 2013
Walbrook Capital, a London private investment firm started by former Barclays Capital bankers, has acquired a minority stake in Ireland’s National Asset Management Agency from shareholder, Irish Life.
2 min read · 17 January 2013
Sanum Investments is allegedly fighting to safeguard its investments and staff, warning others about the risks for foreign investors in the country.
2 min read · 17 January 2013