The former chief US housing strategist at Morgan Stanley has co-founded an asset management firm to invest more than $1 billion in distressed single-family rental homes in the US over the next two years.
3 min read · 17 January 2013
The alternative investment arm of HSBC bank and Hines, the US developer-cum-fund manager, have acquired a prime London office development scheme for a reported £300m. HSBC is investing on behalf of a syndicate of private clients.
2 min read · 17 January 2013
Hearthstone Investments has agreed to buy a portfolio of show homes from Britain’s biggest housebuilder, Barratt Developments, for its new UK Residential Property Fund. The firm’s chief executive says the fund will ‘fundamentally change’ the way the UK invests in residential property.
3 min read · 17 January 2013
The listed French real estate company has acquired an office in Paris on behalf of its value-added/opportunistic real estate fund.
2 min read · 17 January 2013
How the 2012 London Games could provide a blueprint for institutional investors interested in Britain’s private rented sector.
3 min read · 17 January 2013
The acquisition of Verde Realty, a Houston-based real estate investment trust, is on track to be one of the first investments made by the Toronto-based alternative asset manager’s global real estate fund.
2 min read · 17 January 2013
Foreign firms subject to FATCA reporting requirements may find relief in an ‘intergovernmental’ approach being pursued by US tax authorities.
2 min read · 17 January 2013
LaSalle Investment Management is currently searching for a new chief executive officer in the Americas after Schaff’s decision to step down. Internal and external candidates are being considered during a lengthy transition period.
2 min read · 17 January 2013
The former managing director of capital markets at the New York-based real estate fund manager has joined Ares Management in a senior role within its real estate capital markets group.
2 min read · 17 January 2013
A trade association unveiled fresh guidelines today on the best practices for issuing commercial mortgage-backed securities. The so-called ‘principles’ have been set in anticipation of real estate capital markets reopening once European macroeconomic woes are forgotten.
3 min read · 17 January 2013
