In addition to naming a successor for its soon-to-be-retiring COO, the Parsippany, New Jersey-based real estate investment management firm has named heads for its global client services team and US business.
2 min read · 17 January 2013
The estate of the former Wall Street banking giant has closed on the purchase of a $1.33 billion stake in the Denver-based REIT from co-owners Bank of America and Barclays, effectively blocking out rival Equity Residential.
2 min read · 17 January 2013
The Chicago-based real estate investment management firm has appointed Jon Zehner, formerly a senior director at AREA Property Partners, to a new role to help expand the global franchise.
2 min read · 17 January 2013
Ranieri Real Estate Partners, the New York-based firm co-founded by Lewis Ranieri, has held a $158 million first close on its distressed debt vehicle targeting US commercial real estate opportunities.
1 min read · 17 January 2013
The New York-based developer’s Real Estate Recovery Fund has found itself oversubscribed. In addition, the vehicle already has invested $200 million in distressed assets and loans for failed development deals.
3 min read · 17 January 2013
The New York-based private equity giant has designated Jonathan Gray as its sole global head of real estate as Chad Pike dedicates more time to Blackstone's entire European platform.
2 min read · 17 January 2013
The New York-based private equity giant’s North America head of real estate and other members of its North America real estate team have left or will be leaving the firm after struggling to raise capital for its US real estate fund.
2 min read · 17 January 2013
Despite a particularly challenging environment for first-time funds, Artemis Real Estate Partners has completed a successful close of its debut vehicle, raising capital above its original target.
2 min read · 17 January 2013
The hiring of Steve Smith, formerly of Westbrook Partners, is part of the Dallas-based firm’s plans to ramp up its fundraising efforts.
2 min read · 17 January 2013
The New York-based firm continues to make strong inroads into its capital raising exploits for its second Japan focused fund. Townsend was one of the investors in its first closing.
2 min read · 17 January 2013
