Fair value, as defined by the Financial Accounting Standards Board, is the price that an asset would fetch if sold today in an orderly transaction between willing market participants and in the most advantageous market for the asset. PERE Magazine February 2009 issue.
2 min read · 21 January 2013
Credit, or the lack of credit, is on everyone’s minds. For some real estate investors it is presenting an ideal opportunity to provide financing where financing is badly needed.
2 min read · 31 January 2013
Standard & Poor’s has downgraded the credit ratings of Middle Eastern banks Investcorp and Arcapita due to concerns over high leverage, a strain on liquidity and an expected fall in the value of the firms' private equity and real estate investments.
2 min read · 21 January 2013
The investment will shore up Straits Resources’ balance sheet and assist in the potential disposal of its coal assets.
2 min read · 21 January 2013
The Reserve Bank of India will likely permit government-owned banks to invest in direct private equity in February.
1 min read · 21 January 2013
The US firm wants to raise the money to help pay down debt in its German residential business, Gagfah, as well as alleviate funding issues at its other real estate investments, according to a report.
2 min read · 21 January 2013
The tenth largest pension fund in the US has reported a 5.6% fall in returns for real estate in 2008, but the sector still outperformed other asset classes.
1 min read · 21 January 2013
The $1.5bn pension, concerned that GPs were not ‘realistic’ during the boom period, will also delay an initial allocation to the private equity asset class.
2 min read · 21 January 2013
Proposals to create a ‘bad bank’ to soak up the toxic assets clogging the US financial markets have been welcomed by real estate professionals. However, veterans of the RTC warn against simply ‘moving pieces round the board’.
2 min read · 21 January 2013
Fund managers say the private equity and real estate markets are entering a new paradigm, with fees one area set for potential change. Fees, one GP said, had gotten “out of hand”.
2 min read · 21 January 2013
