Asia, the Middle East and Europe are set to increase their alternative asset appetites, according to Blackstone CEO Stephen Schwarzman.
2 min read · 21 January 2013
At a major property event in San Francisco, industry professionals debated the drag that unemployment will have on US real estate value recovery. By Zoe Hughes
2 min read · 21 January 2013
Harvest Capital Partners’ chief executive Rong Ren says there has been an ‘obvious change’ in attention towards China real estate.
2 min read · 21 January 2013
The majority acquisition of the Lloyd Center in Portland, Oregon and WestShore Plaza in Tampa, Florida, is financed by $218 million of existing mortgage loans on the properties.
1 min read · 21 January 2013
Forum Partners, an otherwise low-profile firm that provides growth capital to property companies, made headlines when it acquired the real estate securities platform from Citi. PERE spoke with chief executive Russell Platt about how that deal got done, Forum’s runway to growth and his early days in the bull pen with John Grayken. By Robin Marriott.
10 min read · 21 January 2013
The current real estate crisis will be worse than the RTC of the 1990s, but a recovery will not gain ‘traction’ until late 2011 or 2012, according to the latest economic trends report from ULI and PricewaterhouseCoopers.
2 min read · 21 January 2013
The latest sentiment survey from the US real estate lobby group, the Real Estate Roundtable, finds that confidence is rising in the industry – but there is still a ‘grim sense of reality’.
3 min read · 21 January 2013
Dan Teper has been hired by RBC Capital Markets to help expand the bank’s US real estate investment banking group. Teper was previously managing director at Bank of America Merrill Lynch.
1 min read · 21 January 2013
Representatives from the £13 billion Wellcome Trust and the UK Financial Services Authority testified before the UK House of Lords Tuesday about the potentially painful impacts from EU fund manager regulations, including loss of access to funds and marketing restrictions. House members said they would address such concerns in upcoming meetings with the European Commission.
3 min read · 21 January 2013
The pension’s $200m commitment to Hellman & Friedman, is evidence that it plans to continue to back private equity funds despite an ongoing pay-to-play investigation.
2 min read · 21 January 2013
