PERE magazine May issue 2010
2 min read · 24 January 2013
The anticipated flood of distressed sellers has failed to materialise in the US and UK, creating instead a pool of distressed buyers all trying to deploy the capital burning a whole in their pockets. PERE magazine May issue 2010
8 min read · 24 January 2013
Goldman Sachs is reportedly trying to foreclose on America’s second largest golf resort, where Tiger Woods issued his public apology. PERE magazine May issue 2010
1 min read · 24 January 2013
LPs are demanding consultants and advisors provide extra due diligence when recommending real estate funds for investments – or face legal challenges if losses are incurred later. PERE magazine May issue 2010
2 min read · 24 January 2013
Starwood Capital Group has returned to UK and mainland European investing for the first time in three years. Robin Marriott meets Sean Arnold and Desmond Taljaard, the pair behind the comeback. PERE magazine May issue 2010
10 min read · 24 January 2013
The 2010 PERE 30 ranking produced little by the way of significant movement from last year’s list with large capital closings few and far between. But next year’s table stands to provide a different picture entirely. By Jonathan Brasse.
3 min read · 24 January 2013
The vice president of Canadian pension Ontario Municipal Employees Retirement System Philip Haggerty said there is a need for American institutions to make large real estate and infrastructure investments directly, and that Canada is ‘opening the door for partnership’.
2 min read · 24 January 2013
The global placement agent has launched a platform to help managers raise RMB funds and has hired Eric Gu from China’s National Social Security Fund to lead the effort.
2 min read · 24 January 2013
Barry Sternlicht’s Starwood Capital Group was the biggest riser in the 2010 PERE 30 ranking. Two fund closings totalling almost $2.8bn saw the private equity real estate firm launch itself from 30th place to 13th place.
2 min read · 24 January 2013
Starwood CEO Barry Sternlicht, speaking at the Milken conference in Los Angeles, said the US economy is recovering better than he thought it would – but that an increase in interest rates is inevitable, which will create more distress after the November congressional elections.
1 min read · 24 January 2013