An affiliate of the Kuwait Investment Authority has paid $485m for the office building at 750 Seventh Avenue.
2 min read · 18 January 2013
The start-up business of ex-MSREI trio Sonny Kalsi, John Carrafiell and Fred Schmidt has hired Jonathan Epstein as managing director to focus on the firm’s US business.
2 min read · 18 January 2013
Lennart Sten, a Swedish national that has served GE Capital in a number of roles, has been appointed president of GE Capital Real Estate Europe.
1 min read · 18 January 2013
The New York investment firm has won an auction alongside partner Chatham Lodging Trust to acquire 64 hotels from Innkeepers USA Trust, which filed for Chapter 11 bankruptcy protection in 2010.
1 min read · 18 January 2013
Joe Valente, previously at German insurer Allianz and property services firm DTZ has joined JPMorgan Asset Management’s Global Real Assets group to help further expand the European real estate business.
1 min read · 18 January 2013
HSBC Specialist Investments has been renamed InfraRed Capital Partners, with the real estate part of the group continuing to focus on Asia and Europe.
3 min read · 18 January 2013
The Austin, Texas firm is aiming for at least $100m in equity for its first fund targeting US student housing.
2 min read · 18 January 2013
The European spinout from Bank of America Merrill Lynch’s Global Principal Real Estate Investments business, has sold a German residential complex on behalf of Peakside Real Estate Fund I, one of two funds it inherited from the Wall Street Bank.
2 min read · 18 January 2013
Bruce Feldman will leave his post as director of alternatives at the $25.5bn pension on 17 June.
1 min read · 18 January 2013
Sean O'Shea and Kyung Paik have departed from the New York-based multi-manager
2 min read · 18 January 2013
