While still posting negative returns, the latest quarterly update by the National Council of Real Estate Investment Fiduciaries (NCREIF) and The Townsend Group shows a slight pick-up in returns for opportunity and value-added real estate funds managed by US firms in the first quarter of 2009.
2 min read · 21 January 2013
The private equity firm founded by John Cuticelli will relocate Sheldon Good & Company’s headquarters from Chicago to its offices in New York, with Cuticelli taking over as chief executive officer.
1 min read · 21 January 2013
We are expanding our news offering, giving you better intelligence to succeed in a more complex market for global real estate investment and finance
2 min read · 21 January 2013
We are expanding our news offering, giving you better intelligence to succeed in a more complex market for global real estate investment and finance.
2 min read · 31 January 2013
The Connecticut-based placement agent has promoted David Love and Franklyn Chang to lead its efforts in Asia Pacific and Europe, respectively. It has also promoted four other professionals across its Asia and US offices.
2 min read · 21 January 2013
Mark Neporent and two former directors at Tokyo-based Kokusai Kogyo, a Cerberus joint venture, are alleged to have ‘violated their fiduciary duties’. The court action being taken by Kokusai Kogyo Holdings, which co-owns the transportation and property company, has reportedly been characterised by Cerberus as a means to pressure the private equity firm into selling them its stake.
2 min read · 21 January 2013
Phillips Edison has traditionally focused on the grocery-anchored shopping sector, however the real estate crisis and the general absence of buyers in today’s markets have allowed the Cincinnati-based firm to target necessity-based retail-anchored sector as well.
2 min read · 21 January 2013
The Boston-based real estate firm expects to formally close the vehicle at the end of the year close to $250m, targeting office, medical office and light industrial in metropolitan areas in the East US.
1 min read · 21 January 2013
The former Trammell Crow veteran will led day-to-day management of the private equity real estate group, reporting to CEO Vance Maddocks.
1 min read · 21 January 2013
Registration as an investment advisor: your clients will demand it; Congress may soon require it. Here's what you should be doing now. By Robert Rabinowitz of Becker & Poliakoff
7 min read · 21 January 2013
