The debt shop has acquired the A-note of a construction loan for Jay Paul’s 1.8m sq. ft. Moffett Towers project in Silicon Valley from Morgan Stanley. At 13% leased, Mesa West says it is eyeing value-add deals with growth potential.
2 min read · 24 January 2013
The New York-based firm will manage more than $2bn of equity positions, after LPs in Bank of America Merrill Lynch’s ill-fated Asian Real Estate Opportunities Fund agreed a $650m settlement following non-fiduciary actions by the bank.
2 min read · 24 January 2013
Jennifer McHugh will act as the agency's lead regulator for the $39trn asset management industry following Andrew Donohue's departure earlier this month.
2 min read · 24 January 2013
Investors targeting infrastructure funds are increasingly in favour of differentiating fees according to investment strategies, closed-end funds rather than open funds, and creating separate infrastructure allocations. These are among the findings of a new survey from placement agent Probitas Partners.
2 min read · 24 January 2013
After restructuring more than $2.2bn of debt secured against its legacy office properties, the New York-based firm has bought a new asset from a venture between GMAC and PRP
2 min read · 24 January 2013
Nine months after taking back control of California’s La Costa Resort from Whitehall Street, the Denver-based leisure and travel-focused firm has bought the ski resort that hosted the 1960 Winter Olympics.
2 min read · 24 January 2013
The agency gave greater shape to venture capital exemptions put forth by the financial reform bill passed earlier this year.
2 min read · 24 January 2013
Aberdeen Asset Management gains from the continued exodus at ING Real Estate Investment Management’s fund of funds business.
2 min read · 24 January 2013
Insurance companies and other ‘alternative’ institutions have entered into the property lending business in the last quarter
2 min read · 24 January 2013
No happy 20th anniversary for Colony Capital in Hawaiian ‘paradise’ as LPs object to location of its annual investor meeting
2 min read · 24 January 2013
