The real estate investment arm of insurer Prudential Financial and Hong Kong company Minmetals are reportedly buying a 99 percent stake in a housing project in Nanjing, China.
2 min read · 22 January 2013
JC Flowers' founder may use the First National Bank of Cainesville as a platform acquisition for other distressed and failed deposit-taking institutions, according to a regulatory filing.
2 min read · 22 January 2013
The US industry body, the Real Estate Roundtable, said the US government’s $700bn plan to buy-up troubled mortgage-related assets had a high ‘price tag,’ but argued that it was the best way forward.
2 min read · 22 January 2013
Following the launch of its $1bn real estate debt vehicle, the Bahrain-based investment firm has appointed former JP Morgan and Bear Stearns professional, Christopher Hoeffel, to help grow its debt investment business.
1 min read · 22 January 2013
Palo Alto, California-based Norwest Venture Partners has hired long-time technology executive Dror Nahumi to support the firm as it moves to deploy increased capital in Israeli technology.
2 min read · 22 January 2013
The Carlyle co-founder said he and other private equity players would be among the biggest buyers of the distressed mortgage- and real estate-related assets set to be acquired by the US governments’ $700bn financial rescue plan.
2 min read · 22 January 2013
Robert Zerbst will step down from the real estate investment firm at the end of the year after more than a decade with CBRE. He will continue as advisor to CEO Vance Maddocks. Zerbst founded Peidmont Realty and was a former partner at RREEF.
1 min read · 22 January 2013
UK buyers are especially tempering their demand for holiday properties on the Med island since the credit crunch.
2 min read · 22 January 2013
The asset management arm of Dutch banking group Rabobank is raising its second fund of funds dedicated to responsible investing and outperforming ‘mainstream private equity’.
1 min read · 22 January 2013
The investment bank has hired Susan Swanezy to lead marketing and development efforts for DLJ Real Estate and Credit Suisse's core and securities real estate arms.
1 min read · 22 January 2013
