San Diego-based Pacifica Equity Partners looks to distressed residential deals and senior housing in US sunbelt states.
2 min read · 22 January 2013
Harmony Development, an affiliate of Starwood Capital, has signed a memorandum of understanding with Florida University to build an energy R&D complex in the green community of Harmony, Florida, one of only 10 official eco-communities in the sunshine state.
2 min read · 22 January 2013
The private equity real estate fund has closed its first institutional property vehicle focused on developments in emerging markets of Asia and Eastern Europe. The fund is almost 90 percent invested, mainly in Russia and Turkey.
1 min read · 22 January 2013
The real estate investment arm of ING, a Dutch insurance group, has revealed it will reduce its UK headcount by 20% in a bid to cut costs.
1 min read · 22 January 2013
Voting has begun for the 2008 Global PERE Awards. Which firm and deal will be the most notable of 2008 – and who will be industry figure of the year?
2 min read · 22 January 2013
The firm’s banking syndicate will provide temporary liquidity in an attempt to secure the future of the grossly indebted firm.
1 min read · 22 January 2013
A management group from Lehman Brothers beat out a $2.15bn bid from Bain Capital and Hellman & Friedman for the bank's investment management division, which includes infrastructure and some private equity businesses.
2 min read · 22 January 2013
Governments will increasingly rely on defining performance standards for PPP contracts using the social outcomes they produce, such as safety, instead of ‘micromanaging’ how those outcomes are arrived at, according to Michael Gerrard, deputy chief executive officer of Partnerships UK.
2 min read · 22 January 2013
The former private equity chief at Starr, Collin Lau, has reportedly joined China’s sovereign wealth fund to head its real estate investment funds. He is expected to join the fund by the end of the year or early 2009.
1 min read · 22 January 2013
Senior partner Lee Neibart explains the firm’s decision to change its name to AREA Property Partners in an interview with PERE magazine and where its focus will be in the future.
2 min read · 22 January 2013
