In its joint acquisition of the Yorktown Center in Chicago, New York-based buyout group Kohlberg Kravis Roberts & Co completes a milestone first retail real estate investment since forming a dedicated real estate business last year.
2 min read · 17 January 2013
A venture between the Boston-based private real estate investment firm and a New York-based real estate owner has agreed to purchase 222 Broadway from Bank of America for $230 million.
2 min read · 17 January 2013
The New York-based investment management firm’s debut offering attracted $900 million in equity from limited partners such as Singapore sovereign wealth fund Temasek, but it fell short of its $1 billion goal.
2 min read · 17 January 2013
The Denver-based apartment REIT already has made four acquisitions on behalf of its $350 million Archstone Multifamily Partners.
2 min read · 17 January 2013
The Greenwich, Connecticut-based private equity real estate firm bought the properties from The Westfield Group, which is selling eight of its non-core US centres for $1.15 billion.
2 min read · 17 January 2013
The US private equity firm, TPG Capital, and London-based Patron Capital, have persuaded Class A bondholders in a defaulted CMBS situation to accept a restructuring proposal.
3 min read · 17 January 2013
The Istanbul-based investment firm has placed an unoccupied palace and two student housing developments in Turkey into its first opportunistic real estate fund.
3 min read · 17 January 2013
Xiao Qing Bai has been appointed as the sovereign wealth fund’s next global head of real estate following the recent resignations of Patrick Wu and, before him, Collin Lau. She performs the role jointly with her responsibilities as head of private equity in North America.
2 min read · 17 January 2013
The Dallas-based private equity and real estate firm has agreed to buy the remaining loans in the €1.8 billion Excalibur portfolio from Germany’s central bank, marking its fourth major nonperforming loan acquisition in Europe in as many months.
1 min read · 17 January 2013
Philip Fitzgerald, who was part of the team that ran Paladin’s active Latin American investment platform, has left the firm to pursue other opportunities.
2 min read · 17 January 2013
