Which firms stood out from the real estate crowd in the past year? Which deals epitomised 2009? Who should be crowned industry figure of the year? Have your say in the PERE Awards 2009.
2 min read · 21 January 2013
The Dallas-based private equity firm has reportedly raised $1.2bn for its two new funds, including $500m for Lone Star Fund VII and $725m for Lone Star Real Estate Fund II.
1 min read · 21 January 2013
Despite fears the US real estate recovery will be prolonged owing to banks’ willingness to extend debt maturities and workout mortgages, ING believes mid-2010 will mark the start of financial institutions starting to offloading troubled assets.
2 min read · 21 January 2013
The US House of Representatives will vote next week on legislation that would require private fund managers with assets over $150 million to register with the Securities and Exchange Commission. If approved the bill will then go on to the Senate.
2 min read · 21 January 2013
The separate account will target investments in funds with commitments of up to $1bn that focus on international markets.
2 min read · 21 January 2013
New York Attorney General Andrew Cuomo said Elliott Broidy paid nearly $1m in gifts to NY Common officials, including more than $90,000 to pay living expenses of one official's girlfriend.
3 min read · 21 January 2013
CDC and Norfund are among a group of LPs that want to ensure ‘the next generation of emerging market private equity funds are raised on terms that reflect the principles’.
2 min read · 21 January 2013
The US REIT, which filed for bankruptcy protection in April, has reached agreement to extend loans covering $9.7bn of its secured debt. Confirmation of the plan is scheduled for 15 December.
2 min read · 21 January 2013
Ray Potter has joined the New York-based advisory firm as principal. Potter was previously managing director at Credit Suisse’s real estate finance group.
1 min read · 21 January 2013
At an alternatives conference in New York today, four major LPs said the real estate asset class was a top priority.
1 min read · 21 January 2013
