The New York-based firm, led by former WP Carey executive Edward LaPuma, will be rolling out two real estate vehicles focusing on the sale-leaseback market in North America and Europe and seeking to raise a total of more than $400 million from institutional investors.
3 min read · 17 January 2013
The Miami-based private equity firm also will be opening a new office in Bogota, Colombia, to support investments on behalf of the vehicle, which is the first dedicated to hospitality assets in the country.
2 min read · 17 January 2013
Dan Prendergast will relocate to London as the placement firm works to build up its franchise in Europe and Asia.
2 min read · 17 January 2013
The global placement agent has added three new team members to work out of its New York office.
2 min read · 17 January 2013
A partnership between the two firms has sold Columbia Plaza to its chief tenant, the US State Department, for approximately $100 million. The partners originally acquired the building for $118 million in 2004 but are said to have made a profit through its accumulated rent.
2 min read · 17 January 2013
Christine Pastore, who headed up the $70bn system’s real estate investment programme, will leave a legacy of strong GP relationships, including an innovative partnership with Blackstone.
4 min read · 17 January 2013
The Bahrain-based investment firm, which invests in private equity and real estate, filed for Chapter 11 bankruptcy protection with the US Bankruptcy Court for the Southern District of New York after failing to refinance a $1.1 billion credit facility.
2 min read · 17 January 2013
The London-based private equity real estate firm led by Robert Laurence has appointed boutique New York-headquartered advisory firm Hodes Weill & Associates for the capital raising task.
2 min read · 17 January 2013
There was an ‘increase in confidence’ among private equity real estate firms last year, as evidenced by a 61.7 percent increase in the targeted equity for newly launched vehicles compared to 2010.
2 min read · 17 January 2013
Real estate investment officer Charles Haase has left the California pension plan and plans to take a new position at Tokyu Livable in Japan next month.
2 min read · 17 January 2013
