The Los Angeles-based firm has created a new position to enlarge its business in Europe by appointing Jean Lamothe as president
2 min read · 24 January 2013
The New York-based firm has acquired two Atlanta multifamily properties, formerly owned by Fairfield Residential, out of foreclosure. Fairfield filed for Chapter 11 bankruptcy protection in 2009.
2 min read · 24 January 2013
Eight months after being selected as the preferred bidder, the real estate arm of Leon Black’s buyout shop has formally taken over the Citi Property Investors platform and funds. Apollo is believed to have paid a ‘nominal’ fee for CPI.
2 min read · 24 January 2013
Two years after the crisis, there are mounting fears that excess debt availability could trigger another credit bubble. Will it end in tragedy this time around as well?
2 min read · 30 January 2013
The move is part of a strategy to manage a series of focussed funds rather than a large pan Europe effort.
1 min read · 24 January 2013
Two years after the crisis, there are mounting fears that excess debt availability could trigger another credit bubble. Will it end in tragedy this time around as well?
3 min read · 24 January 2013
The Washington DC-based firm, which is targeting $400m for its US government-focused real estate fund, has promoted Andrew Pulliam. The fund held a $100m first close in July.
1 min read · 24 January 2013
The mortgage REIT eyes a repeat of its recent Extended Stay mezz deal, with president Richard Saltzman saying it would pursue debt opportunities ‘where the air is thinner’ and where less capital was chasing transactions.
2 min read · 24 January 2013
The EU parliament has accepted compromise proposals put forth by the rival EU council, ushering in a new wave of rules on fund transparency, remuneration, asset stripping and non-EU funds and managers.
3 min read · 24 January 2013
Sniper Capital’s first private real estate opportunity fund has made inroads into its $100m capital raising. The Macau-focussed vehicle is expected to buy undervalued properties for redevelopment into non-gaming leisure assets.
1 min read · 24 January 2013