The Chicago-based real estate firm has also made its first acquisition on behalf of its open-ended property fund targeting assets within the education, healthcare and storage markets.
2 min read · 17 January 2013
Gerding Edlen Green Cities I which targets US multifamily assets, is fully-invested. In addition, the Portland, Oregon-based developer is planning to launch a follow-up vehicle targeting more capital.
2 min read · 17 January 2013
Barden Gale, chief executive officer of JER Partners, has quit his job at the McLean, Virginia–based firm leaving the running of it to its remaining senior directors.
2 min read · 17 January 2013
The Greenwich, Connecticut-based private investment firm has purchased its eighth loan portfolio in two years.
2 min read · 17 January 2013
Morgan Stanley Real Estate Investing has written to the investors of its latest global opportunity real estate fund confirming their vote to extend the investment period of the vehicle by another 12 months.
2 min read · 17 January 2013
US Bankruptcy Judge James Peck has approved the estate of the former Wall Street banking giant’s right of first offer for half of Bank of America and Barclays’ shares in Archstone for roughly the same price that rival Equity Residential was offered.
2 min read · 17 January 2013
The former co-head of US real estate investment banking at RBC Capital Markets has joined the New York-based financial services firm after a brief tenure at Miller Buckfire.
2 min read · 17 January 2013
The New York-based private equity and real estate giant has teamed up with US retail property company DDR Corporation for the purchase of a shopping centre portfolio spread across 20 states. The investment marks an early deal for its latest global opportunity fund, BREP VII.
3 min read · 17 January 2013
Property services firm Jones Lang LaSalle says transactions were up by a quarter on 2010’s total despite the numerous country, regional and global economic headwinds.
2 min read · 17 January 2013
The New York-based private equity firm has raised its first real estate vehicle in more than 20 years to target distressed real estate.
3 min read · 17 January 2013
