The Philadelphia-based firm has raised $127.99 million for LEM Real Estate High-Yield Debt and Preferred Equity Fund III, which is targeting structured real estate finance investments in the US.
1 min read · 27 August 2013
The state agency, which manages an estimated $163.5 billion in total assets, has launched a search for consultants to assist on both traditional and non-traditional real estate investments.
2 min read · 27 August 2013
The White House wants to exempt foreign investors from certain US tax when selling US real estate or infrastructure assets.
1 min read · 27 August 2013
The real estate arm of Caisse de dépôt et placement du Québec has rearranged several executives as a means to strengthen its Canadian and international platforms.
3 min read · 27 August 2013
A venture led by the New York-based investment firm has purchased a portfolio of nonperforming loans and real estate owned from Banco Popular de Puerto Rico.
2 min read · 27 August 2013
The Philadelphia-based real estate firm’s latest opportunistic vehicle will have a significantly lower target size than its $2 billion predecessor.
2 min read · 27 August 2013
The Toronto-based pension plan’s property holdings have achieved the highest absolute return since 2007, representing a significant outperformance relative to its benchmark.
1 min read · 27 August 2013
The Los Angeles-based real estate fund manager has recruited a new managing director to oversee its Brazil office, replacing Axel Chaves, who left earlier this month.
2 min read · 27 August 2013
The Phoenix-based real estate firm and the real estate arm of the Swiss financial services giant have jointly acquired a 300,000-square-foot retail center in Los Angeles County for $87.3 million.
2 min read · 27 August 2013
The New Jersey-based real estate investment manager has launched a Mexican real estate investment trust, into which it has rolled two of its prior industrial funds and 146 properties previously held by the two vehicles.
2 min read · 27 August 2013