Mitchell Sikora and Peter Finley, who headed up the real estate placement team at investment bank UBS, have launched JT Partners, a placement agent with minority backing from Apollo Real Estate Advisors and Raimus Capital Group.
2 min read · 23 January 2013
ING Real Estate has closed its first China-focused opportunity fund on $350m with plans to focus on residential developments in primary and secondary cities.
2 min read · 23 January 2013
Buoyed by capital from its private equity backer, ski resort operator Intrawest has agreed to purchase Steamboat Ski & Resort for $265m.
2 min read · 23 January 2013
After months of negotiation, the board of the gaming company has agreed to a sweetened offer from the two private equity firms.
2 min read · 23 January 2013
The private equity real estate firm has made a €39 million investment in the Italian retail sector and acquired a 50 percent interest in a Swiss hospitality company, its first deal in Switzerland.
2 min read · 23 January 2013
Apollo affiliate VEF Advisors is acquiring a Washington DC office building near the new National baseball stadium.
2 min read · 23 January 2013
The US buyout firm has appointed Walid Musallam to head its Middle East hybrid investing business, which is due to hit the fundraising trail for up to $1 billion.
1 min read · 23 January 2013
A notorious prison in Boston’s Beacon Hill neighborhood is being converted into an upscale hospitality property, the ironically named Liberty Hotel.
2 min read · 23 January 2013
Philadelphia-based private equity real estate firm Rubenstein Partners has hired the former chief investment officer of Trizec to help acquire assets for its debut fund.
2 min read · 23 January 2013
The Greenwich, Connecticut-based private equity real estate firm has paid a reported $825 million for the Pacific Shores Center, a $500-million development that saw half of its buildings go vacant in the wake of the dot-com collapse.
2 min read · 23 January 2013