The San Diego-based private equity real estate firm has bought four pools of discounted notes with a face value of $70m. Financial details were not disclosed, although other private equity firms are reporting discounts of up to 80%. The deal was closed in 30 days.
2 min read · 21 January 2013
The Indian developer is working to restructure its debt pile and also aims to sell stakes in the business and assets to private equity funds.
1 min read · 21 January 2013
Washington DC knocks New York City off the top global investment destination among foreign real estate investors, according to a new survey. The US was seen as the best market for capital appreciation, followed by Brazil and China.
1 min read · 21 January 2013
Investors from Europe, US, Middle East and Japan buy in to the company’s distressed targets vision.
2 min read · 21 January 2013
The bank has timed its latest fund to co-incide with more realistic return expectations by investors and asking prices by sellers, according to its chief executive.
1 min read · 21 January 2013
The Singapore-listed leisure resort manager and developer aims to complete fundraising for the Vietnam, Cambodia and Laos development-focused fund this quarter. It is targeting between $300m and $400m.
2 min read · 21 January 2013
The firms have held a $150m first close and expect to raise $200m by the end of the first quarter.
1 min read · 21 January 2013
Garth Peterson, who headed the bank’s real estate investing business in China, was promoted to managing director in 2007.
1 min read · 21 January 2013
The South Asian nation saw a 45% drop in total deal value and a 24% decline in the total number of deals announced in 2008 compared to 2007. More than a third of all deals were in the real estate sector.
2 min read · 21 January 2013
Jon Halpern, head of real estate at New York-based alternative asset manager Marathon Asset Management, is among five professionals to be made partner.
1 min read · 21 January 2013
