The founder of JE Robert Companies, who has undergone treatment for brain tumours, appointed former Starwood exec Barden Gale as CEO so there would be ‘no questions’ about his health and the leadership of the firm. “I don’t plan on going anywhere. I just have a new and very exciting job supporting and his team,” he told PERE.
3 min read · 21 January 2013
ING Real Estate Investment Management European managing director Wilson Lee has left the firm one year after joining to help launch its first global real estate opportunity fund. Plans for the $1.5 billion vehicle were shelved earlier this year.
2 min read · 21 January 2013
The former Starwood Capital vice chairman takes over the day-to-day running of JE Robert Companies from Joseph Robert, who has been undergoing treatment for brain tumours. Robert will become executive chairman.
2 min read · 21 January 2013
Four developers in Dubai are planning to merge operations into what could be the biggest developer in the Middle East and North Africa. Emaar is planning to join forces with Dubai Properties, Sama Dubai and Tatweer.
1 min read · 21 January 2013
The New York firm has sealed its status as the largest raiser of private equity for real estate by closing Blackstone Real Estate Partners Europe III.
1 min read · 21 January 2013
European fund managers are preparing for a fight against draft EU-regulations. The rules could also have a major impact on non-EU GPs.
3 min read · 31 January 2013
Real estate investment firms NDC Capital Partners and Post Investment Group have acquired a 365-unit apartment complex in Dallas. Post founder says now is time to ‘straddle’ bottom of residential market.
2 min read · 21 January 2013
European fund managers are preparing to fight tough draft-EU regulations for the industry. US and non-EU GPs could also be severely affected. By Kevin Ley.
3 min read · 21 January 2013
Tom Barrack pays tribute to Michael Jackson, a ‘gentle, talented and compassionate man’. Last year, Colony Capital saved Jackson’s Neverland ranch from the brink of foreclosure by acquiring $25m in debt from Fortress.
2 min read · 21 January 2013
Which private equity real estate firms are best positioned to take advantage of the current real estate crisis? Have your say in PERE’s upcoming feature.
1 min read · 21 January 2013
