Levine Leichtman, HM Capital, Access Capital and Falconhead Capital will pay a total of $4.5m to settle with the New York attorney general’s office.
2 min read · 21 January 2013
The Chicago-based private equity real estate firm is targeting cottage-style student housing in the US and has joined forces with university housing developer Landmark Properties.
1 min read · 21 January 2013
The Five Arrows’ series of funds has launched a private mortgage REIT with Shaner Hotel Group CEO Lance Shaner. The private real estate investment trust will target hotel first mortgages.
1 min read · 21 January 2013
SBZ, a Dutch pension scheme, is switching €135 million of direct investment in Dutch real estate for deployment in global markets via unlisted and listed funds.
1 min read · 21 January 2013
Former Prudential Real Estate Investors deal man joins the New York and Washington DC firm to manage its investment platform.
1 min read · 21 January 2013
Distressed property owners will be allowed to talk to special servicers about restructuring securitised loans before imminent default without triggering tax penalties. The move has criticised for reinforcing the “extend and pretend” attitude of the financial industry.
2 min read · 21 January 2013
The firm has agreed to buy up to 148 properties from Sunwest, which filed a pre-packaged Chapter 11 reorganisation plan in August. The SEC sued Sunwest for fraud in March after it almost devolved into a Ponzi scheme.
2 min read · 21 January 2013
The private equity real estate firm AREA Property Partners has hired Alban Liss from Generali Real Estate to open an office in Paris and lead an investment programme in France.
1 min read · 21 January 2013
The Swiss-based firm has successfully closed on €275m for a global real estate fund. The firm aims to buy in both mature and emerging markets and has already bought eight investments in China for the vehicle.
2 min read · 21 January 2013
PERE met with VinaCapital boss Don Lam for breakfast at a London hotel recently to hear his take on what Vietnam’s government stimulus has done to the country’s real estate market.
2 min read · 21 January 2013
