Equity from a separate account with the Public Officials Benefit Association of Korea, won via last year’s takeover of ING REIM, has been put to work in the purchase of Thames Court in the City of London.
2 min read · 17 January 2013
The Greenwich, Connecticut real estate investment firm, in a joint venture with Gaia Real Estate, has purchased a 32-property multifamily portfolio in the US. The deal forms part of its acquisition and recapitalisation of the properties’ bankrupt owner, PJ Finance Company.
2 min read · 17 January 2013
The new platform, TriLyn Investment Management, will be focused on opportunities in high-yield commercial real estate debt. The firm has hired the former CEO of Brookfield Investment Management, John Feeney Jr., to co-run the unit.
2 min read · 17 January 2013
A new £1 billion fund launch underlines how senior property debt funds targeting Europe are all the rage currently.
3 min read · 17 January 2013
The two firms have mutually agreed to end exclusive negotiations on buying three parts of Deutsche Bank Asset Management's business put up for sale and focus solely on a possible sale of the bank’s global alternative asset management business, which includes real estate and infrastructure.
2 min read · 17 January 2013
First quarter results published by newly-public Oaktree Capital Management reveal that it closed its latest real estate opportunity fund on $1.3 billion in commitments and has just launched its next real estate fund with a target of at least $1.5 billion.
3 min read · 17 January 2013
The founder of one of the largest US real estate accounting firms, which ultimately merged with Ernst & Young, passed away in his Los Angeles home on 8 May.
2 min read · 17 January 2013
The New York-based private equity real estate firm has held a final close for its US real estate vehicle, which initially had fundraising challenges but ultimately exceeded its $650 million target. The capital raise was bolstered in part by a sizable commitment from Texas Teachers.
2 min read · 17 January 2013
The Jeddah-based boutique investment and asset management firm has included a London development fund on its slate of new investment vehicles for 2012. It would be the first time Al-Khabeer has invested outside of the Gulf region.
2 min read · 17 January 2013
Two firms led by former Blackstone Real Estate Advisors and Related Companies executives have formed AWH Partners, a new venture that is targeting investments in the hotel real estate sector, where transaction activity has been heating up.
3 min read · 17 January 2013
