The private equity real estate fund has provided capital to close a financing gap for a $160 million mixed-use project scheduled to break ground in the city’s downtown this month.
2 min read · 17 January 2013
The Paris-based company said it was aiming for opportunistic-level returns from European Development Venture III, as it revealed equity commitments of €588.5m mainly from pensions funds and insurance companies.
2 min read · 17 January 2013
Khalif Edwards has joined the New York-based real estate investment manager’s client capital management team in a senior role and will be responsible for capital raising and new product development in the US, particularly the West Coast.
2 min read · 17 January 2013
The San Francisco-based real estate firm has made its first acquisition on behalf of its tenth value-added fund.
2 min read · 17 January 2013
The New Jersey-based real estate investment manager plans to increase and expand its value-added real estate investments, targeting the apartment, office and retail sectors.
2 min read · 17 January 2013
The Greenwich, Connecticut-based firm, led by Barry Sternlicht, is targeting between $2 billion and $3 billion for Starwood Distressed Opportunity Fund IX and is offering management fee breaks for the first time in its history.
2 min read · 17 January 2013
After a two-day trial, Bank of America and Barclays have been given permission by US Bankruptcy Judge James Peck to move forward with the sale of half their shares in the Denver-based apartment REIT to Equity Residential.
2 min read · 17 January 2013
Following a plea from legislators, US regulators have pushed back the comment period on the closely watched Volcker Rule. The move could spell trouble for banks who still face a July compliance deadline.
2 min read · 17 January 2013
The increasingly convoluted fight between the owners of Archstone has become even more complicated, with a mini-trial over Lehman’s injunction against Barclays and Bank of America beginning today.
2 min read · 17 January 2013
The Atlanta-based firm is poised to hold a first close on $100 million for a value-added fund that’s targeting $350 million for distressed upscale hotel properties.
2 min read · 17 January 2013
