The real estate investment arm of Prudential has formed a 10-year joint venture with the development company Corporación GEO targeting low-income housing.
1 min read · 21 January 2013
An exclusive gathering in California hosted by Stanford University sheds light on what pensions are seeking from infrastructure managers – and what the pensions might do if they don’t get what they want, writes Cezary Podkul.
3 min read · 21 January 2013
The founder of RLJ Companies, Robert Johnson, says the US bailout programme will help establish a market price for real estate-related securities – and potentially for banks’ other real estate assets. "It’s not a total panacea but it will help banks that are trying to find market pricing."
2 min read · 21 January 2013
The US government has selected nine private investment firms, including Angelo Gordon, GE Real Estate, Oaktree and Invesco to help take real estate loan-backed securities off banks’ balance sheets.
2 min read · 21 January 2013
The founder and chairman of the Dublin-based firm Quinlan Private is stepping down this month. He has been gradually withdrawing his day-to-day involvement with the firm for at least a year and has been investing his personal wealth in property deals.
2 min read · 21 January 2013
Real estate remains the most popular alternative asset class among pension funds despite a 4% fall in assets under management in 2008, according to a Watson Wyatt survey. Allocations to private equity and infrastructure rose by 4% each.
2 min read · 21 January 2013
Suzanne Gibson has joined the New York-based private equity real estate firm as vice president helping US and European fundraising efforts and investor relations.
1 min read · 21 January 2013
Audrey Greenberg has joined the firm in its Los Angeles office as chief financial officer of CB Richard Ellis Investors' value-added real estate funds series.
1 min read · 21 January 2013
Siraj Dadabhoy and Michael Betancourt have launched their own private equity real estate group to target loan-to-own transactions and distressed real estate assets in large US cities.
2 min read · 21 January 2013
Less than two months after acquiring Oriental Brewery in a blockbuster deal, KKR is selling half the brewer to Affinity Equity Partners for $400m.
2 min read · 21 January 2013
