President Barack Obama has made his annual carried interest tax proposal as the industry has taken a public beating over allegations of asset-stripping, job cutting and all-consuming greed.
3 min read · 17 January 2013
Gerardine Davies, formerly of Aegon Asset Management, joins BNP Real Estate as UK head of investment management as the €12 billion platform looks to expand its international reach.
2 min read · 17 January 2013
The Hartford, Connecticut-based real estate investment management firm has promoted Charles Weeks to be its next chief executive officer for Europe, the firm announced.
2 min read · 17 January 2013
Rockwood Capital Real Estate Partners IX is seeking $750 million to target hotels, offices, residential and retail properties throughout the US that are underperforming or suitable for redevelopment or expansion.
2 min read · 17 January 2013
The New York-based real estate fund manager’s head of US opportunity funds has left after more than 18 years at the firm.
2 min read · 17 January 2013
The role of global head of business development has cropped up in several places of late, due in part to firms realising that their businesses cannot live by fundraising alone.
2 min read · 17 January 2013
The Palmyra Resort & Spa, an unfinished luxury hotel and condo complex in Jamaica, is being sold by the project’s lenders. Bids are due 28 March.
2 min read · 17 January 2013
The New York-based alternative asset manager’s year-end loss in its real estate business included a $15.4 million fourth-quarter net loss and contributed to the firm’s overall $300 million net loss for the year.
2 min read · 17 January 2013
The partners aim to buy large assets around the world, giving clients of Swiss-based Quantum Global access to the asset class.
2 min read · 17 January 2013
The all-Chinese joint venture has raised almost half of the $500 million targeted for its second residential development fund, Harmony China Real Estate Fund II.
2 min read · 17 January 2013
