The McLean, Virginia-based firm closes 12 debt deals through its US Debt Co-Investment fund, a joint venture between its private equity real estate arm, JER Partners, and its REIT, JER Investors Trust.
2 min read · 22 January 2013
The state’s legislature has increased the Florida State Board of Administration’s allowable allocation to private equity and venture capital from 5 percent to 10 percent. The pension fund is also launching an infrastructure platform.
1 min read · 22 January 2013
Following its first deal in the UK, the firm has made the first purchase through its joint venture with Scius Partners, investing €40m in a retail park outside Stockholm.
2 min read · 22 January 2013
The pair of investors have sold the largest shopping center in Southeast Finland to a fund managed by Aberdeen Property Investors.
1 min read · 22 January 2013
The US arm of ING Real Estate’s investment business is to change its name from ING Clarion within the next six to 12 months, according to the outgoing chairman and chief executive of ING Real Estate Investment Management, David Blight.
2 min read · 22 January 2013
Real estate investment management firm CB Richard Ellis Investors has acquired two office buildings in Dallas through its $2.1bn private equity real estate fund, CBRE Strategic Partners US 5.
2 min read · 22 January 2013
The Carlyle Group and Crown Acquisitions have taken a controlling stake in New York City’s 666 Fifth Avenue retail property, which will feature a new 20,000-square-foot Abercrombie & Fitch clothing store.
1 min read · 22 January 2013
A partnership between The Carlyle Group, Deutsche Bank’s RREEF and Extell Development Company is in play to develop two luxury residential buildings in Manhattan after securing one of the largest construction loans in the US this year.
1 min read · 22 January 2013
Experts predict a new order of private equity real estate firms will emerge in Europe as new entrants compete against established firms. But we will have to be patient before discovering just who the winners and losers are. By Robin Marriott
3 min read · 22 January 2013
After a two-year hiatus, the German real estate investment management firm is once again targeting the US office market acquiring the headquarters of German car manufacturer Volkswagen for an estimated $100m.
2 min read · 22 January 2013