The European property arm of Prudential Financial has completed a close of €554m for closed-end Pramerica Real Estate Capital 1 Fund.
2 min read · 18 January 2013
The Miami-based firm has closed on $100m for Parmenter Realty Fund IV.
2 min read · 18 January 2013
A pool of investors led by the two private equity giants has assumed control of a large portfolio of furniture showrooms in Las Vegas and High Point, North Carolina after completing a series of recapitalisations.
2 min read · 18 January 2013
The Dallas private equity firm was the biggest riser in the 2011 PERE 30 ranking, thanks to successful capital-raising for its second real estate fund. Meanwhile, consolidation, business exits and strategic shifts among bank-sponsored platforms began to manifest themselves in this year’s ranking.
2 min read · 18 January 2013
An affiliate of the Kuwait Investment Authority has paid $485m for the office building at 750 Seventh Avenue.
2 min read · 18 January 2013
The start-up business of ex-MSREI trio Sonny Kalsi, John Carrafiell and Fred Schmidt has hired Jonathan Epstein as managing director to focus on the firm’s US business.
2 min read · 18 January 2013
The New York investment firm has won an auction alongside partner Chatham Lodging Trust to acquire 64 hotels from Innkeepers USA Trust, which filed for Chapter 11 bankruptcy protection in 2010.
1 min read · 18 January 2013
Whether trading at a discount or premium to NAV, executives behind ING REIM’s European secondaries trading initiative expect continual activity. PERE Magazine May 2011 issue.
3 min read · 18 January 2013
The Austin, Texas firm is aiming for at least $100m in equity for its first fund targeting US student housing.
2 min read · 18 January 2013
The Los Angeles firm has purchased an LEED-certified property on behalf of its fifth US value fund.
1 min read · 18 January 2013
