Barry Blattman, senior managing partner responsible for Brookfield’s global opportunistic real estate programme, revealed he had made the strategic move at this week’s PERE Global Investor Forum in Amsterdam.
3 min read · 18 January 2013
The New York-based firm, led by former Blackstone real estate head John Kukral, has closed the second offering of its real estate fund, bringing the total amount raised since launch to approximately $2.3 billion.
2 min read · 18 January 2013
The New Delhi-based firm is expected to reach its $500m target for its second real estate opportunity fund, Red Fort India Real Estate Fund II, by the end of the year thanks to a mix of repeat investors and new capital sources.
2 min read · 18 January 2013
The Lake Forest, Illinois-based private equity investment firm has closed on $406.9 million in commitments for its latest real estate fund, which will focus on niche investments.
2 min read · 18 January 2013
The Los Angeles-based investment management firm has retroactively cut fees charged to the Treasury under the $29.4 billion Public-Private Investment Program after investing just 16 percent of the capital committed to its fund.
2 min read · 18 January 2013
The Munich-based real estate fund management business has purchased a portfolio of eight logistics assets from AEW Europe in a deal valued at €177m.
2 min read · 18 January 2013
The New York-based fund manager has teamed up with McDowell Properties to acquire a portfolio of 4,733 apartment units in Texas, Arizona, Florida and Oklahoma at a 40 percent discount to its $215 million face value.
2 min read · 18 January 2013
As politicians this week act to reform the Foreign Investment in Real Property Tax Act, industry professionals warn the law is preventing the US from fully competing for foreign investment.
2 min read · 18 January 2013
The emerging Los Angeles-based fund manager has launched a fund targeting mixed-use properties in Southern California.
2 min read · 18 January 2013
Amid somber growth prospects for the US economy and its real estate markets, attendees at AFIRE's annual conference were told some managers are still "lying to themselves" about return expectations.
2 min read · 18 January 2013
