The Morristown, New Jersey-based firm has teamed with New York Life to buy 575 Lexington Avenue from CalSTRS and developer Larry Silverstein.
2 min read · 17 January 2013
The Swiss group is currently highlighting real estate secondaries, senior debt and preferred equity investments in its investment thesis as it more than doubles the size of its last vehicle in a global series.
2 min read · 17 January 2013
US investment advisory giant, The Townsend Group, has emerged as a lender in what is set to become Europe’s next significant merger and acquisition deal.
2 min read · 17 January 2013
The Toronto-based firm, which manages private equity and real estate, has hired managing director Tony Morgan from CPPIB to help identify opportunities in the European market.
2 min read · 17 January 2013
The London-based company will take on the role as investment advisor for the BBC Pension Fund’s £300m of UK real estate assets.
1 min read · 17 January 2013
A New York private equity real estate fund managed by Leon Bressler has sold a 51 percent stake in a German shopping centre operator to his former company, Unibail-Rodamco prompting criticism from market peers.
2 min read · 17 January 2013
René Kassis is heading a team of four at La Banque Postale’s asset management division working on a new real estate and infrastructure senior debt fund. The fund will target primary and secondary deals across Europe and is expected to reach a first close by the fall.
1 min read · 17 January 2013
The Lehman Brothers spinout and the New York-based developer and investor have refinanced 110 William Street in downtown Manhattan with $161.5 million in new financing, which included a mezzanine loan from Pearlmark Real Estate Partners.
1 min read · 17 January 2013
The New York-based accounting and consulting firm has recruited Byron Carlock for the newly created position of US real estate practice leader. The firm also is seeking to hire a real estate leader to oversee the Asia market.
2 min read · 17 January 2013
Joe Azelby, a one-time professional American football player, has built JPMorgan’s core US real estate platform into a global real assets business with $60 billion under management. In an interview with PERE, he explains why he is a fan of diversity, why investors need to change their attitude towards allocation and why he ultimately is glad that his football career was short. By Robin Marriott. PERE Magazine June 2012 issue.
10 min read · 17 January 2013
