Roughly $170bn of properties were classed as troubled, had been taken back by lenders or resolved at the end of November, according to Real Capital Analytics. Las Vegas leads the way with $17.7bn of distress.
2 min read · 21 January 2013
As the Chicago-based firm announced plans by John O’Donnell to retire in April, JBC said it was also opening a Philadelphia office to be led by funds director Charles Beaver (pictured).
2 min read · 21 January 2013
Limited partners urged to start serious discussions with GPs about portfolio and asset valuations, as institutional investors attempt to choose tomorrow’s winners.
3 min read · 21 January 2013
The real estate platform of Leon Black-led Apollo is vying with ING and Australia’s Macquarie Group to buy the management of the $8bn private equity real estate business of Citigroup
2 min read · 21 January 2013
Dutch real estate investment manager turns to inside talent to replace Nick Cooper as head of ING Real Estate Select
1 min read · 21 January 2013
The two real estate investors have reached an interim agreement to reduce some January and February rents at the 80-acre multifamily complex.
2 min read · 21 January 2013
The Swiss alternatives manager has more than doubled the size of its previous global secondaries fund, closed in 2006.
2 min read · 21 January 2013
The joint venture fund management platform of Mumbai-based Samsara Capital and London-based Catalyst Capital, will target ‘affordable’ residential developments in India’s tier I cities. He told PERE’s Jonathan Brasse in an interview for the PERE Yearbook 2009.
2 min read · 21 January 2013
The oil and gas exploration platform, created in 2005 by a consortium including Carlyle, Goldman and First Reserve, hopes to fund its exploration activities despite having ‘no proved reserves’.
2 min read · 21 January 2013
Bids that came in for the private equity stakes were not ‘on par with the value of the assets’, the endowment’s CEO John Powers told PEO in an interview.
2 min read · 21 January 2013
