Draft legislation, which would require all private equity, private equity real estate and hedge fund managers with more than $150m in assets to register with the SEC, must now face a test in the Senate.
2 min read · 21 January 2013
The London-based company Internos Real Investors has taken on the European property fund management arm of Australian REIT, The GPT Group.
1 min read · 21 January 2013
Scott Lawlor, founder of the troubled private equity real estate platform, will roll out a residential strategy ‘imminently’. But he insists to the New York Times Broadway’s problems were bad timing and the severity of the crash – not leverage.
3 min read · 21 January 2013
The Chicago-based firm has bought an 8.5% interest in Brazilian Finance & Real Estate. The São Paulo firm is involved in mortgage origination, securitisation and asset management.
1 min read · 21 January 2013
Abu Dhabi has committed $10 billion to help neighbouring Dubai meet is debt obligations, including its $4.1 billion Islamic bond, which matured today.
2 min read · 21 January 2013
The firm led by Katsuya Takanashi emerges as the winner to buy the 418,000 square foot Tokyo office from lenders including Shinsei Bank, which seized control of the building when previous owner KK daVinci failed to meet its debt obligation on the building.
2 min read · 21 January 2013
Wesley Edens, the firm’s co-chairman, said Fortress portfolio company Nationstar, a mortgage servicer acquired from Centrex homebuilder in 2006, was a candidate for a possible IPO. Edens also defended Fortress' fund performance.
3 min read · 21 January 2013
The plan by ANREV to adopt the working guidelines and practices of its older European counterpart, INREV, is laudable and deserves support, but the real work is just beginning. ANREV’s first step: a tricky game of chicken and egg.
3 min read · 21 January 2013
Mansco Perry, the chief investment officer of the Maryland State Retirement Agency, says the pension system views real estate as a long-term asset class, still wants real estate fund managers … but wants fees to come down. By Robin Marriott
3 min read · 21 January 2013
The West coast debt shop is set to acquire Lehman Brothers Real Estate Mezzanine Partners I and II following 'many months' of negotiations. PCCP will open an office in New York to help deal with the fund workouts.
2 min read · 21 January 2013
