Chicago-based private equity real estate firm Green Courte Partners doubles size of follow-on fund targeting niche real estate investments.
1 min read · 22 January 2013
The Irish firm has closed its second Polonia Property Fund.
1 min read · 22 January 2013
Connecticut-based Starwood Capital Group and DC-based Perseus Realty have teamed up to build the first LEED-certified luxury hotel in Washington, DC.
1 min read · 22 January 2013
The San Francisco-based private equity real estate firm has closed its third property vehicle, almost twice the size of its previous fund, targeting the US multifamily sector.
2 min read · 22 January 2013
The tremendous amount of wealth that real estate investors, private equity or otherwise, have generated over the past 25 years was brought into stark relief earlier this month when Forbes published its annual list of the 400 richest Americans. Found among the rankings of the über-rich were 33 property moguls, ranging from long-time stalwart and Irvine Company head Donald Bren (number 27 on the list with an estimated net worth of $8.5 billion, the highest of any real estate investor) to newcomers such as Colony Capital founder Tom Barrack (374) and Vornado chief executive Stephen Roth (278).
3 min read · 01 February 2013
The cash infusion is the third private equity investment in the Mumbai-based developer Lodha Group.
2 min read · 22 January 2013
The largest pension fund in the US now has approximately $3 billion of its real estate assets in Asia.
1 min read · 22 January 2013
The Stockholm-based fund manager has become the latest to announce a Russia-focused vehicle aiming to exploit refurbishment and value added opportunities, as well as forward funding deals and joint ventures with developers.
2 min read · 22 January 2013
Real estate investors tend to be optimistic, at least in the long term. Before sinking money in a property, an investor must be confident that the locals will continue to be employed, to build and spend wealth, to procreate.
3 min read · 01 February 2013
The alternatives-focussed Yale University endowment returned 28 percent this year, up 5.1 percent percent from 2005. The endowment is now valued at $22.5 billion, up 25 percent from 2005.
1 min read · 22 January 2013