The California-based firm is buying the newspaper, which has a weekday circulation of 270,000, as the newspaper industry continues to contract amid plummeting sales.
2 min read · 21 January 2013
Bank of America has made 14-year Merrill Lynch veteran James Forbes the head of its real estate and private equity business.
2 min read · 21 January 2013
Terracap Partners is raising its debut fund targeting distressed properties in Florida and IRRs up to 27%.
1 min read · 21 January 2013
The alternative investment firm has a held a first close on its second China-focused buyout fund which is targeting an undisclosed amount.
2 min read · 21 January 2013
The real estate investment firm has submitted an unsolicited bid to Virginia’s Secretary of Transportation seeking an unprecedented 60-year concession agreement with the Port of Virginia. If approved the offer would force the launch a formal bidding process for the port.
2 min read · 21 January 2013
The real estate investment firm has submitted an unsolicited bid to Virginia’s Secretary of Transportation seeking an unprecedented 60-year concession agreement with the Port of Virginia. If approved the offer would force the launch a formal bidding process for the port.
1 min read · 21 January 2013
Peter Moon will retire next year from the University Superannuation Scheme, one of the UK's main cornerstone limited partners in private equity, infrastructure and real estate funds.
2 min read · 21 January 2013
Canada Land Limited, the Hong Kong-based development company, has launched CDL China Real Estate Opportunity Fund to target distressed residential assets in greater China. It plans to liquidate part of the fund through an IPO if the Chinese economy improves.
2 min read · 21 January 2013
The Cannery deal, valued at $1.75bn, is the latest sign of turmoil in the US casino industry, where several casino operators like Harrah’s and Station Casinos, are battling heavy debt loads and plummeting sales.
2 min read · 21 January 2013
AEW Europe follows its investment in a Dartford logistics unit last year with another UK logistics asset, this time in the Midlands region.
1 min read · 21 January 2013
