Managing director Jay Alexander, once tipped as a future head of the investment manager’s entire real estate division, is to leave the firm.
1 min read · 18 January 2013
London-based Mountgrange has teamed up with partners at residential specialist Pluto Capital for a fund aiming to supply £50m of mezzanine loans to help finance residential developments in London and the South East of England. The firm said that the vehicle was the first of its kind in the residential sector.
3 min read · 18 January 2013
Year end results show the Canada Pension Plan’s real estate portfolio increased in value to C$10.9 billion and returned 13.9 percent in a year described by president and CEO David Denison as an ‘excellent performance year’.
2 min read · 18 January 2013
Garrett Zdolshek is leaving the Cleveland-based real estate consultant to become a partner at a nearby multi-manager firm.
2 min read · 18 January 2013
Former Prudential Real Estate Investors executive Robert Bilse has been appointed vice president of Brookfield’s private funds group, based in New York, supporting capital raising and marketing activities.
2 min read · 18 January 2013
The Franklin Templeton vice president has joined CapMan to run business development and the international expansion of its real estate business.
1 min read · 18 January 2013
The two equity partners have formed a new ownership structure with debt holders SL Green and Vornado to reposition the property at 280 Park Avenue.
2 min read · 18 January 2013
The $236bn pension is planning to ban investment consultants from also acting as managers for the pension fund.
2 min read · 18 January 2013
The opportunity fund manager Orion Capital Managers has agreed to buy a 50 percent stake in a 2.2m square foot shopping centre in Zaragoza, Spain.
2 min read · 18 January 2013
The two advisory firms have combined to create a larger group focused on capital-raising services.
2 min read · 18 January 2013