The New York-based firm has purchased 353 North Clark from Mesirow Financial for less than what the building cost to build.
2 min read · 24 January 2013
Six months after Beacon’s 20-building Seattle and District of Columbia portfolio was transferred to special servicing, the Boston-based firm has modified its debt load, pushing maturities out by five years.
2 min read · 24 January 2013
The fund is the first entirely debt-focused investment vehicle raised in Mexico using a new type of listed security called a certificado burasatile. The lender, Navix, plans to co-invest $100m of its money with the certificados busatiles on a variety of projects in the Mexican energy sector.
2 min read · 24 January 2013
The Macquarie Mexican Infrastructure Fund will acquire a company with a 20-year contract to reconstruct and maintain highways in the Mexican state of Durango. The firm has also placed Macquarie executives Martin Stanley and Chris Leslie on its board.
2 min read · 24 January 2013
The Wall Street bank which houses property funds in its Global Real Assets Group, has bought the Bishops Square office complex in London’s financial district for its funds’ core property portfolio
1 min read · 24 January 2013
How Ireland’s recent woes caused US private equity firm TPG and UK partner Green Property to walk away from a €120 million property deal
3 min read · 24 January 2013
The nursing home chain taken private by Carlyle for $6.3bn in 2007 will sell 338 skilled and assisted living facilities to healthcare-focused REIT HCP.
2 min read · 24 January 2013
The New York-based firm is targeting office, residential and industrial projects in Rio de Janeiro and expects to close between five and six deals, representing up to R$147m of equity, in the next 60 days.
2 min read · 24 January 2013
CalPERS has received numerous recommendations after a 'special review' of fees, including demanding all GP meetings take place at the pension's offices and not in 'expensive settings'.
2 min read · 24 January 2013
Limited partners think they can sidestep sagging private equity returns by constructing more concentrated portfolios. A survey suggests LPs will narrow GP relationships in 2011.
2 min read · 24 January 2013
