The firm has exited Thailand's Central Pattana after eight years and generated $170m in the process.
2 min read · 18 January 2013
The New York-based real estate fund manager has hired industry veteran Joseph Morningstar to focus on sourcing special situation investment opportunities.
2 min read · 18 January 2013
The New York firm has taken just four months to raise more than a third of its $10 billion target for the incoming real estate opportunity fund. Separately, it also is in talks with Bank of America Merrill Lynch to buy the remaining real estate from its global real estate principal investments platform.
2 min read · 18 January 2013
The European arm of the real estate investment management and advisory business of Prudential Financial adds to its stable of European joint venture partners a residential specialist in Berlin. The partnership has already committed approximately €24m to the purchase of 13 residential blocks.
2 min read · 18 January 2013
The San Francisco firm has raised $155 million of its $400 million target for its latest value-added vehicle.
1 min read · 18 January 2013
Jeffrey Dishner, senior managing director and head of real estate acquisitions and debt investments at Starwood Capital Group, is relocating from the US to Europe as opportunities unfold in the region.
2 min read · 18 January 2013
The largest county retirement system in the US has approved a $300 million allocation to three managers as part of a new real estate investment plan that is expected to increase its allocation to 9.6 percent.
2 min read · 18 January 2013
The C$153.2 billion Canadian pension plan saw its real estate assets under management grow 0.9% to 8.2% of total assets in the last quarter alone, thanks to something of a investing spree.
2 min read · 18 January 2013
The Los Angeles-based alternative asset manager has purchased the investment business of the Chicago-based debt provider, with the intention of expanding further into commercial real estate lending. Consequently, Ares has formalized its real estate efforts by creating a dedicated team.
2 min read · 18 January 2013
Joseph Cari, a lawyer and former director at Healthpoint Capital Partners, pleaded guilty to aiding a plot to demand a $850,000 kickback from JER Partners, which sought an $85 million commitment from the Illinois Teachers Retirement System.
2 min read · 18 January 2013
