The Chicago-based real estate investment firm and its minority partner, Blackstone, have sold the trophy office building for $143.5 million.
2 min read · 18 January 2013
Jay Mantz, the former Morgan Stanley head of real estate investing, has joined Rialto Capital Management as president to oversee the company's real estate investment management business.
3 min read · 18 January 2013
AXA Real Estate Investment Managers has hired former Grove partner Riccardo Dallolio to be its European head of transactions. The announcement comes shortly after PERE revealed that Grove is to refocus its resources from Europe and Asia to the US.
2 min read · 18 January 2013
The division of CapMan, a Finnish private equity firm that branched out into property in 2005, has teamed up with fellow Scandinavian firm, NEP Partners to expand the platform.
2 min read · 18 January 2013
Zain Fancy, the former head of Asia at Morgan Stanley Real Estate Investing, has launched Clifton Real Estate Group as he seeks to grow a real estate investment business initially focussed on small- to medium-sized transactions in Singapore.
2 min read · 18 January 2013
The London-based asset management firm, Henderson Global Investors, has recruited internally to create a position of director of institutional business, hiring Andrew Friend as the first incumbent.
2 min read · 18 January 2013
Firms headed by Lewis Ranieri and Wilbur Ross have teamed up to buy Deutsche Bank's $28 billion multifamily loan origination business.
2 min read · 18 January 2013
Pacific Star’s head of research and strategic planning, Leslie Chua, has left the company to join RREEF less than one year after joining. His appointment completes RREEF’s research leadership, the firm said.
2 min read · 18 January 2013
The New Jersey-based real estate investment firm is looking to raise roughly $50 million for its third fund focused on the acquisition of distressed mortgages.
2 min read · 18 January 2013
The placement agent subsidiary of The Blackstone Group has hired former Credit Suisse and Partners Group capital raiser, Jan-Christoph Klein.
2 min read · 18 January 2013
