The Chicago-based multifamily real estate firm has hired its first chief investment officer to oversee all of its property transactions. The new recruit follows the firm’s hiring of its first in-house investor relations person in May.
2 min read · 28 August 2013
The real estate investment management arm of financial services giant Prudential Financial has picked up Jocelyn de Verdelon to lead its investing activities in France. de Verdelon has experience making value-added and opportunistic acquisitions.
1 min read · 28 August 2013
Aviva Investors has become the latest group to launch a commercial real estate debt fund focused on opportunities in the UK.
2 min read · 28 August 2013
The Chicago-based firm has raised $192 million in a first closing for its LaSalle Asia Opportunity Fund IV but reduced its fundraising target to $500 million from $750 million, according to a note to investors obtained by PERE this month. It has enjoyed comparatively more success raising $431 million for its third Japanese logistics fund.
3 min read · 28 August 2013
The New York firm investment firm has agreed to buy nine shopping centre from Wells Fargo helping the bank clear some of its legacy nonperforming loans from its balance sheet, and has struck a deal to buy 10 retail properties out of administration in an unrelated deal from a second party.
2 min read · 28 August 2013
The Australian superannuation fund has committed hundreds of millions of dollars to a real estate mezzanine finance fund managed by Australia-based Qualitas Property Partners. The commitment is its first in the bridge property finance space.
2 min read · 28 August 2013
Goldman Sachs investment banker David Matheson will help drive Oxford Properties into Continental Europe as the platform seeks to invest £5 billion outside of North America in the next five years.
2 min read · 28 August 2013
The Florida-based real estate investment firm has raised $150 million in equity to invest in value-added retail and multifamily assets in the Southeast.
2 min read · 28 August 2013
The London-based asset manager has brought aboard Thomas Guyot who previously worked for French property companies connected to Caisse des Depots and Morgan Stanley Real Estate Investing.
1 min read · 28 August 2013
Through its venture with Canyon Capital, the $263 billion state pension system has made two more investments in early-stage real estate managers, bringing the total number of firms selected to four.
2 min read · 28 August 2013
