Carlyle has backed a new code that assumes placement agents are prone to ‘Boss Tweed’ inclinations.
2 min read · 21 January 2013
Canyon Capital Realty Advisors, which controls the Canyon-Johnson Urban Funds, has appointed David Ridini as managing director responsible for investments in the North East of the US and New York. The firm says it sees 'more opportunities ahead' in the region.
1 min read · 21 January 2013
Buddy Roes, formerly with ING Real Estate, is joining UK firm Schroders to manage the Schroder European Logistics Fund.
1 min read · 21 January 2013
The US Federal Reserve has extended the Term Asset-Backed Securities Loan Facility to CMBS issued before 2009 in an effort to kick start real estate credit markets.
1 min read · 21 January 2013
The Occasio Distressed Residential Fund will target 20% returns by quickly turning over foreclosed residential properties bought without leverage.
2 min read · 21 January 2013
The Southeast Asian nation’s poor infrastructure is also a factor affecting the country’s property market.
1 min read · 21 January 2013
South Korea’s National Pension Service will reportedly resume its overseas investments from next month and increase its investments in overseas alternative assets.
1 min read · 21 January 2013
With LPs increasingly seeking safety amid quality, core real estate assets, Falcon Real Estate president Jack Miller said it’s essential for all sides to have an honest debate about the type of returns they can realistically expect from real estate in the coming years.
2 min read · 21 January 2013
John Bottomley has left Citi Property Investors after five years with the firm. He has joined New York-based The Rockefeller Group. The departure follows the loss of CPI's Asia Pacific investments head David Schaefer and the cancellation of the firm’s second Asia real estate fund.
1 min read · 21 January 2013
The property investment division of UK insurer Prudential has appointed Malcolm Smith as chief operating officer. It comes as the real estate investor continues to dispose of assets. The firm has sold six properties in the UK since January.
1 min read · 21 January 2013