Biren Amin, formerly responsible for opportunity funds at Paris-based AXA Real Estate Investment Managers, has joined Alpstar Capital
1 min read · 24 January 2013
As the commercial mortgage backed securities industry rebuilds, professionals predict it will only grow to 50 percent of its $200bn peak in 2006.
1 min read · 24 January 2013
Overseas investors are hungrily eyeing key US cities for deals, but a flood of capital searching out core asset is pushing some cap rates down to levels not seen since 2006 and 2007.
2 min read · 24 January 2013
LAZ Parking has acquired 89 parking contracts from GE Capital Real Estate-owned InterPark. InterPark CFO Douglas Poirier says the sale is a ‘strategic shift’ for the company away from service-oriented businesses toward real estate ownership.
1 min read · 24 January 2013
In a letter to the CEO of FINRA dated 18 December 2009, obtained by PEM, the director of the SEC's division of investment management said the SEC might create an exception to the ban for registered broker-dealers acting as legitimate placement agents, if FINRA can implement rules that would prohibit pay-to-play practices. Read the full text of the letter.
2 min read · 24 January 2013
Quick turnaround as Stenham Property exits an empty Central London office investment after refurbishing it and securing a letting
1 min read · 24 January 2013
However, a survey of US real estate lenders by Jones Lang LaSalle warned banks will extend loans by up to two years on the best properties to avoid a wave of foreclosures.
2 min read · 24 January 2013
An independent review panel could be selected by the end of Q1 as the Port of Virginia evaluates three bids from The Carlyle Group, Goldman Sachs and real estate manager CenterPoint Properties.
2 min read · 24 January 2013
Lawmakers want the UK to fight the EU's proposed AIFM directive, arguing the rules would 'damage' the UK private equity industry.
3 min read · 24 January 2013
Lawmakers in the UK have urged the British government to reject European proposals for wide-ranging regulation of the alternative funds universe as they currently stand, especially if there is no comparable legislation in the US.
3 min read · 24 January 2013
