There is an iron rule of public relations during a crisis, which is that one must reveal bad news in its entirety and all at once.
2 min read · 21 January 2013
ING Real Estate has been awarded the management of a Tokyo based pan-Asia real estate opportunity fund after its previous manager ran into financial difficulties. Following the deal, ING Real Estate now manages $4.97 billion of assets across Asia.
2 min read · 21 January 2013
Pine Brook Road Partners, along with Goldman Sachs, JPMorgan, PartnerRe and Renaissance Re, has pumped $500m into Essent – a new private mortgage insurance company targeting US residential loans.
1 min read · 21 January 2013
As real estate investors go back to cash flow fundamentals, lenders are going one step further in underwriting loans by reviving the debt yield test.
2 min read · 21 January 2013
The New York State Common Retirement Fund has assets valued at $110bn, down from $154bn about a year ago, due in part to a 32.6% decline in the value of its real estate portfolio.
2 min read · 21 January 2013
The US arm of the British property company led by the Duke of Westminster has also postponed its US multifamily fund amid ‘inauspicious markets’. The firm though has acquired a portfolio of senior loans on land and residential homes in Atlanta.
2 min read · 21 January 2013
A survey by Ernst & Young suggests the ability to refinance maturing debt on commercial properties in the next 12 to 18 months is the single most important concern in today’s market.
2 min read · 21 January 2013
Fortress, Lightyear Capital and Crestview Partners comprise the latest private equity consortium to purchase equity stakes in a US government-backed bank.
2 min read · 21 January 2013
As real estate investors go back to cash flow fundamentals, lenders are going one step further in underwriting loans by reviving the debt yield test.
2 min read · 31 January 2013
Just weeks after selling a £70.25 million property portfolio to AEW Europe, Brixton is reportedly close to selling another £225 million portfolio to New York based Westbrook Partners.
1 min read · 21 January 2013
