The London-based independent investment bank aims to buy hotels across Europe sold by owners struggling to pay their debts.
1 min read · 21 January 2013
The US government should introduce a programme to help commercial real estate investors with performing loans refinance debt that is coming due warning the asset class would be the “second shoe to drop”.
1 min read · 21 January 2013
The private equity real estate firm has reduced senior loans owed to Shinsei Bank by investing ¥11.0 billion ($120 million) in a subsidiary.
1 min read · 21 January 2013
The Colony Capital-backed hotel owner, the largest in Europe, has sold a portfolio of budget hotelF1s in a €272m sale-leaseback deal.
2 min read · 21 January 2013
CB Richard Ellis estimates the UK market is at least £150bn short of the equity necessary to return to equilibrium.
2 min read · 21 January 2013
Former Lehman Brothers, UBS and ING REIM man Wilson Lee sets up his own platform targeting real estate debt and direct investments in Western Europe. First Growth Real Estate Capital will operate from London and Paris.
2 min read · 21 January 2013
The Italian firm has exited Gossler’s Park after completing the development.
1 min read · 21 January 2013
The troubled private equity real estate firm has lost control of 120 Howard Street to mezzanine note holder, Prudential Real Estate Investors. PREI financed $23.2m in mezzanine loans at the time of the deal in May 2007.
2 min read · 21 January 2013
The Chicago-based firm has been appointed by the Teacher Retirement System of Texas to co-invest in opportunities in North America first and then on a global basis.
2 min read · 21 January 2013
Club-style vehicles have won plaudits for attracting otherwise unsure investors. But will sellers be impressed? By Jonathan Brasse
3 min read · 21 January 2013