The London-based start-up, Internos Real Investors, has hired Richard Peskin, the recently-retired chairman of quoted property company Great Portland Estate. He joins the firm as a capital partner.
1 min read · 21 January 2013
The European private equity real estate firm Orion Capital Managers has recruited Roberto Roca as investment director to run its Iberia business.
1 min read · 21 January 2013
The distressed investment specialist is surrendering all its stock in Thornburg Mortgage and has resigned its board seats. The residential mortgage lender has been given a grace period by lenders to come up with a restructuring plan.
2 min read · 21 January 2013
Contra Costa County Employees’ Retirement Association is reportedly considering withdrawing a proposed $75m commitment to Morgan Stanley's latest global property fund, amid concerns over leverage and personnel changes. Contra is the second US pension to pull back on provisional commitments to MSREF VII this year.
2 min read · 21 January 2013
The first funds from the US government’s Term Asset-Backed Securities Loan Facility will be distributed next week. Will TALF prove the kickstart the commercial real estate industry hopes it to be?
2 min read · 31 January 2013
The US' Financial Accounting Standards Board has released a list of seven indicators of inactive markets, and given firms the green light to use their own valuation methodologies when quoted prices are unreliable.
2 min read · 21 January 2013
Goldman Sachs’ sixth buyout fund is poised to increase its stake in Universal Studios Japan. The tender offer it will launch Monday, if successful, would be one of the largest private equity deals agreed in Japan in more than a year.
2 min read · 21 January 2013
More than $800bn of commercial and multifamily mortgages are set to mature between 2009 and 2011, with $250bn this year alone.
2 min read · 21 January 2013
The real estate investment firm co-founded by Sam Zell and Gary Garrabrant has purchased 20m shares of Sao Paolo-based Construtora Tenda after Equity’s portfolio company Gafisa took a 60% ownership stake last year.
2 min read · 21 January 2013
Will the US' Term Asset-Backed Securities Loan Facility be the kickstart the commercial real estate industry hopes it to be?
2 min read · 21 January 2013
