The Houston-based real estate investment firm is selling 499 Park to American Realty Advisors after selling 425 Lexington Avenue to JPMorgan. The combined sales price of both properties will total more than $1 billion.
1 min read · 28 August 2013
The $19.7 billion pension system has made a $50 million contribution to GEM Realty Capital’s latest value-added investment vehicle.
1 min read · 28 August 2013
Despite the greater scarcity of traditional real estate investment opportunities, the Los Angeles-based private equity real estate firm still remains bullish about investing in the asset class, particularly in areas of capital dislocation.
2 min read · 28 August 2013
Lawrence Ceriello has joined law firm Morrison Foerster (MoFo) as real estate partner, and will be responsible for representing and advising commercial lenders, investment banks, life insurers, hedge funds on real estate debt transactions .
2 min read · 28 August 2013
The investment management arm of the giant US bank is purchasing the 31-story office tower at 425 Lexington Avenue from a Hines fund.
1 min read · 28 August 2013
The Belmont, California-based investment firm has raised $144.13 million for its Embarcadero Capital Investors IV, which is seeking up to $400 million to invest in West Coast office properties.
2 min read · 28 August 2013
In its 2012 annual report, the C$176.2 billion pension system stated that it has established a new investment strategy that included increasing its investments in real estate “in the years to come.”
2 min read · 28 August 2013
The Toronto-based pension plan has teamed up with London-based Hammerson to acquire a 33.3 percent stake in the Bullring Shopping Centre, a 1.2 million-square-foot mall in Birmingham.
2 min read · 28 August 2013
Morgan Stanley’s real estate multi-manager arm has re-hired Jon Sandstrom to be its Asia head, following a two-year stint at GTIS.
2 min read · 28 August 2013
Greenwich, Connecticut-based Starwood Capital Group is the lead member of a consortium that has struck up a joint venture with Ireland's National Asset Management Agency to own a portfolio of loans.
2 min read · 28 August 2013
