The private equity real estate fund has provided capital to close a financing gap for a $160 million mixed-use project scheduled to break ground in the city’s downtown this month.
2 min read · 17 January 2013
The Asian Association for Investors in Non-listed Real Estate Vehicles has followed the resignation of research director Clara Lee, with the appointment of industry veteran Alan Dalgleish as director of research and professional standards.
2 min read · 17 January 2013
The Paris-based company said it was aiming for opportunistic-level returns from European Development Venture III, as it revealed equity commitments of €588.5m mainly from pensions funds and insurance companies.
2 min read · 17 January 2013
Khalif Edwards has joined the New York-based real estate investment manager’s client capital management team in a senior role and will be responsible for capital raising and new product development in the US, particularly the West Coast.
2 min read · 17 January 2013
John Cahill, partner at Paul Hastings, talks to PERE about the recent spate of fund managers competing aggressively to offer investors participating in a first closing fee breaks.
3 min read · 17 January 2013
The increasingly convoluted fight between the owners of Archstone has become even more complicated, with a mini-trial over Lehman’s injunction against Barclays and Bank of America beginning today.
2 min read · 17 January 2013
The European Association for Investors in Non-Listed Real Estate Vehicles has asked Jeff Rupp to drop his brief involving professional standards in favour of concentrating wholly on public affairs.
2 min read · 17 January 2013
The Kingdom of Bahrain has completed a milestone social housing public-private partnership, said to be the first of its kind in the Middle East. The deal involves local developer Naseej and a financial close is anticipated early in the second quarter.
2 min read · 17 January 2013
The Atlanta-based firm is poised to hold a first close on $100 million for a value-added fund that’s targeting $350 million for distressed upscale hotel properties.
2 min read · 17 January 2013
The law firm, better known for its work in the private equity space, has made its first dedicated private equity real estate appointment in Europe, bringing in ex-Clifford Chance lawyer Iain Morpeth, as it sees its clients become more active real estate players.
2 min read · 17 January 2013
