The Chicago-based firm specialising in student and senior housing has closed on nearly $600 million for its latest fund, almost $100 million more than its original target.
2 min read · 18 January 2013
The Association for Investors in Non-Listed Real Estate Vehicles has appointed Jeff Rupp and and is to open an office in Brussels as it begins a greater lobby effort on regulatory issues.
2 min read · 18 January 2013
Goh Kok Huat has been appointed president of GIC Real Estate as part of a reshuffle of its executive ranks, the larger of Singapore's two sovereign wealth funds said. He replaces Seek Ngee Huat who will now chair GIC's Latin America Business.
2 min read · 18 January 2013
The investment manager is looking to raise $50 million to invest in New York and New Jersey.
2 min read · 18 January 2013
The New York secondaries firm has tapped Todd Silverman to run its equity capital markets business.
2 min read · 18 January 2013
Franklin Templeton Real Estate Advisors has raised two thirds of its target capital for its third global fund of funds, PERE has learned.
2 min read · 18 January 2013
Continuing its foray into Europe’s student accommodation sector, The Carlyle Group has bought the former headquarters of The Rotterdam Social Insurance Bank with a view to converting it into a 250 room ‘student hotel’.
2 min read · 18 January 2013
A new entity formed by Terra Capital Partners in conjunction with the president of Academy Properties is looking to raise $200m for a fund focused on gap financing.
2 min read · 18 January 2013
The industrial heavyweights said they can achieve $80m of savings per year through the merger. They added that the combined company has a 'clear growth strategy' to pursue global opportunities.
2 min read · 18 January 2013
The John Grayken-led firm closed its second real estate fund at the end of May and is expected to close its seventh distressed debt fund in July on roughly $4.5bn.
2 min read · 18 January 2013
