Opportunistic real estate funds have reported -50% returns in the past year. But do GP-submitted fund valuations face up to the full reality of collapsed property prices? By Zoe Hughes
2 min read · 21 January 2013
In 2009 to date, 145 defaulted commercial mortgages have been liquidated by banks. Those sales generated $1.9bn in proceeds compared to their original balance of $3.2bn. International banks are leading the recovery efforts.
2 min read · 21 January 2013
Ian Laming, a former co-head of equity and fixed income research, has reportedly joined Ric Lewis’ Tristan Capital Partners in London.
1 min read · 21 January 2013
The property management arm of British insurer L&G has revealed it has snapped up more than 9 assets in the retail, office and industrial class.
1 min read · 21 January 2013
Opportunistic real estate funds have reported -50% returns in the past year. But do GP-submitted fund valuations faced up to the full reality of collapsed property prices? Zoe Hughes
2 min read · 31 January 2013
The LA real estate investment firm has acquired 3 MacArthur Place in Santa Ana for $31m, the firm confirmed. Tishman paid $83m for the property in 2007.
1 min read · 21 January 2013
The $200bn pension’s senior portfolio manager for infrastructure has hired two additional portfolio managers under him, Christine Yokan and Todd Lapenna.
2 min read · 21 January 2013
The body that drafted the Directive on Alternative Investment Fund Managers says it did so ’without much time to consult’. Meanwhile Richard Wilson, chairman of EVCA, is urging more LPs to voice their concerns over the proposed new rules.
2 min read · 21 January 2013
The Swiss banking giant has bought four offices totalling $262m for its Credit Suisse Real Estate Fund International. The properties are located in Leeds and Bristol in the UK and Boston and Washington DC in the US.
1 min read · 21 January 2013
The private equity real estate fund plans to invest in high-end residential projects not prone to “faulty pricing”.
1 min read · 21 January 2013