The New York-based private real estate investment firm, led by former Blackstone chief executive John Kukral, has entered into a joint venture to buy a Chicago office tower with a troubled and complicated history.
2 min read · 17 January 2013
A partnership led by Singapore’s sovereign wealth fund has purchased a controlling stake in a 1.25 million-square-foot office tower that houses Morgan Stanley and Blackstone.
1 min read · 17 January 2013
The New York-based real estate multi-manager has named a new co-chief investment officer and three new partners as the firm expands its international reach.
2 min read · 17 January 2013
The $15 billion state endowment has contributed $50 million to RREF IV – its third investment in the non-core space this year.
2 min read · 17 January 2013
Lynda Shillaw, currently a managing director of corporate real estate at Lloyds Banking Group, will join the £138 billion UK asset manager on 1 January.
2 min read · 17 January 2013
The Greenwich, Connecticut-based real estate firm has agreed to purchase the InTown Suites hotel chain on behalf of its ninth distressed opportunity fund. The price includes the assumption of about $617 million in debt.
1 min read · 17 January 2013
New York private equity real estate firm adds to its small property portfolio in the country with the purchase of a half-stake in a trio of office parks in Bangalore and Pune from developer Embassy Property Developments.
2 min read · 17 January 2013
Following the record $13.3bn close for its global real estate opportunity fund, the New York-based private equity and real estate giant is now targeting another major real estate capital raise, this time in the debt arena.
3 min read · 17 January 2013
After buying 142 assisted living assets for $1.2 billion through a bankruptcy auction in 2010, the firm has sold the bulk of the portfolio to Long Beach, California-based healthcare REIT HCP.
2 min read · 17 January 2013
Bei Capital is expected to invest on behalf of the world’s largest institutional investors on a long-term basis via an evergreen vehicle. The Hong Kong-based firm is to start with real estate investments before expanding into private equity and infrastructure.
3 min read · 17 January 2013
