Philadelphia-based private equity real estate firm Rubenstein Partners has hired the former chief investment officer of Trizec to help acquire assets for its debut fund.
2 min read · 23 January 2013
The Greenwich, Connecticut-based private equity real estate firm has paid a reported $825 million for the Pacific Shores Center, a $500-million development that saw half of its buildings go vacant in the wake of the dot-com collapse.
2 min read · 23 January 2013
A new JPMorgan survey has found that roughly one-third of US public pension funds will increase their allocations to real estate.
2 min read · 23 January 2013
The New York City-based private equity real estate investor has raised $590m for its second vehicle focused on the North American office market.
2 min read · 23 January 2013
Private equity firms RREEF and H&Q Asia Pacific have teamed up with Hilton Hotels to build more than 20 hotels in China.
2 min read · 23 January 2013
One of the largest financial services companies in the world is adding to the wall of money chasing European real estate with the final closure of its first pan-European fund.
2 min read · 23 January 2013
Normandy Real Estate Partners has acquired the Starco Properties portfolio in Northern Virginia—right on the heels of picking up 13 properties sold by Morgan Stanley out of Glenborough REIT.
1 min read · 23 January 2013
Sports franchises have long been considered “vanity investments,” money-losing endeavors that serve to bolster the status of their well-heeled owners at the expense of their bottom lines. But a growing cadre of investors, private equity and otherwise, are increasingly looking at the sector, particularly European football clubs. And they’re counting on more than just success on the field to turn a profit. Oftentimes, real estate comes into play as well.
3 min read · 01 February 2013
One New York developer is seeing dollar signs in the rollercoaster, Ferris wheel and boardwalk of Coney Island. By Aaron Lovell.
2 min read · 23 January 2013
Investment bank JP Morgan has invested $60m in a 50-story luxury residential building—in what could be the biggest investment ever made in a Mumbai-based developer.
1 min read · 23 January 2013
