Chris Macke, former GE Real Estate vice president, has set up his own firm, General Equity Real Estate, to target single-tenant commercial properties. He will be joined by other GE Real Estate net lease professionals in the near future.
1 min read · 21 January 2013
The Los Angeles-based private equity real estate firm is considering a possible investment in the City Center project, according to sources. Colony is trying to help ‘both sides’ resolve the project’s problems.
2 min read · 21 January 2013
Tim Grady, the head of global commercial real estate in Asia Pacific for Merrill Lynch has quit in the latest personnel change since the bank was acquired by Bank of America last year.
2 min read · 21 January 2013
New guidelines announced by the Financial Accounting Standards Board, in response to recent pressure amid increasing write-downs and stock drops, will give GPs more room to manoeuvre in pricing investments.
2 min read · 21 January 2013
ING Real Estate Select has appointed Ivo de Wit as global portfolio manager to cope with “new global business” across its multi-manager platform. de Wit previously held the same position within the global executive team at ING Real Estate.
1 min read · 21 January 2013
A confidence survey from Jones Lang LaSalle says pressure on REITs, banks and retail funds, will benefit opportunistic real estate investors over the medium term.
1 min read · 21 January 2013
At a special breakfast meeting, PERE assembled a cross-section of industry participants to swap notes on MIPIM and their businesses. By Robin Marriott and Jonathan Brasse. PERE Magazine, April 2009 issue
8 min read · 21 January 2013
PERE Magazine, April 2009 issue
2 min read · 21 January 2013
The Boston skyscraper was sold for a reported $20.1m, plus the assumption of a $640.5m mortgage, after Broadway Partners defaulted on a loan. Broadway paid $1.3bn for the skyscraper and two other buildings in 2006.
2 min read · 21 January 2013
The Las Vegas-based real estate investment firm is raising its debut fund to take advantage of a short-lived period during which homebuilders are unloading properties at deep discounts. The firm says it plans to take advantage of a tax rebate window. The fund will have a lock-in period of just one year after the final close.
2 min read · 21 January 2013
