Though details remain sketchy, the private equity firm will need to secure additional capital in order to fund the $3.2 billion equity check for Equity Office.
3 min read · 23 January 2013
The US buyout firm is taking over Sam Zell’s US real estate investment trust Equity Office Properties Trust amid warnings that the collapse of the large buyout in all sectors of private equity is “inevitable”.
3 min read · 23 January 2013
Hotel veteran William Reynolds will lead the company’s acquisition and development efforts.
1 min read · 23 January 2013
Fresh from a post at GE Real Estate, Tom Wagner will join the real estate investment division of Cerberus as a managing director.
1 min read · 23 January 2013
An infrastructure consortium including Credit Suisse and GE Infrastructure has paid a reported €750m to acquire London City Airport.
1 min read · 23 January 2013
The New York-based private equity real estate firm has provided $90m in mezzanine financing to the conversion of a former bank headquarters in Manhattan.
1 min read · 23 January 2013
The buyers, who include CPG, Goldman Sachs and Perry Capital, may intend to renovate the property.
1 min read · 23 January 2013
The US private equity fund has added another attraction to its burgeoning European-focused portfolio, which it has built up through Merlin Entertainments.
2 min read · 23 January 2013
San Francisco-based Oxford Lodging and New York-based Perry Capital are teaming up to acquire the Allerton Hotel on Chicago’s North Michigan Avenue for $70 million.
2 min read · 23 January 2013
The St. Andrews Bay Golf Resort and Spa, located in the historic Scottish town, has attracted everyone from private equity real estate firms to the heir to the English throne.
3 min read · 23 January 2013
