Fresh from the purchase of a 40-building residential complex in the suburbs of Phoenix, CalSTRS has reportedly acquired the Ridgeleigh apartment complex in Alexandria, Virigina.
1 min read · 22 January 2013
The credit crunch is causing a real headache for real estate investors in the US and across Europe. But a return to a situation similar to the early 1990’s means those with cash will rule.
3 min read · 01 February 2013
The private equity real estate arm of private equity giant The Carlyle Group has closed its fifth US-focused property fund on $3bn.
1 min read · 22 January 2013
The head of BlackRock investment management firm, spun out of The Blackstone Group in 1992, has stepped down as president—reportedly to raise a $1 billion fund for private equity, hedge fund and real estate investments.
2 min read · 22 January 2013
Even in real estate, appearances are not what they seem.
2 min read · 22 January 2013
Catalyst Investors has closed its second buyout fund and a UK co-investment vehicle on $170 million, below their initial target of $250 million.
2 min read · 22 January 2013
The firm is launching its second Asian fund of funds vehicle less than a year after its maiden foray into the region.
2 min read · 22 January 2013
Southeast Asia’s largest developer has set up its second Chinese property development fund, targeting retail properties.
1 min read · 22 January 2013
Former NBA star Magic Johnson has endorsed a group created to oppose a House bill that would increase carried interest tax.
2 min read · 22 January 2013
A leading fund manager said today that the shock waves emanating from the subprime mortgage crisis in the US could stifle investment activity in the European commercial real estate market.
3 min read · 22 January 2013