The majority acquisition of the Lloyd Center in Portland, Oregon and WestShore Plaza in Tampa, Florida, is financed by $218 million of existing mortgage loans on the properties.
1 min read · 21 January 2013
The Connecticut advisory firm has invested in secondaries deals worth $1bn since 2003 from its fund of funds coffers.
2 min read · 21 January 2013
The pension, with about $13bn in assets, has invested $40m in mezzanine funds managed by Merit and Peninsula. The pension came under its spending goal for private equity in fiscal ‘09.
1 min read · 21 January 2013
AEP Investment Management, the Singapore-based real estate investment management firm, has co-launched a global investment company aimed at buying data centres with Keppel Telecommunications & Transportation
1 min read · 21 January 2013
Allan Moss will advise the Sydney-based special situations private equity firm.
2 min read · 21 January 2013
The $55m Mexico-listed fund raised by WAMEX – which will compliment a traditional fund, targeting $65m – is the first in a wave of expected offerings allowing domestic pensions to invest in the asset class.
2 min read · 21 January 2013
At a major property event in San Francisco, industry professionals debated the drag that unemployment will have on US real estate value recovery.
2 min read · 31 January 2013
Forum Partners, an otherwise low-profile firm that provides growth capital to property companies, made headlines when it acquired the real estate securities platform from Citi. PERE spoke with chief executive Russell Platt about how that deal got done, Forum’s runway to growth and his early days in the bull pen with John Grayken. By Robin Marriott.
10 min read · 21 January 2013
Jonathan Edmunds becomes a director at the boutique European advisory and investment firm WW Advisors having previously worked in the corporate advisory services team at Lazard bank.
1 min read · 21 January 2013
The current real estate crisis will be worse than the RTC of the 1990s, but a recovery will not gain ‘traction’ until late 2011 or 2012, according to the latest economic trends report from ULI and PricewaterhouseCoopers.
2 min read · 21 January 2013
