The New York development company is raising a distressed opportunity fund to target loans and assets across all real estate sectors in the US. The firm has closed on $250m of commitments to date.
2 min read · 18 January 2013
A US federal appeals court has given the green light to an investor lawsuit claiming Blackstone whitewashed its portfolio before launching its listing on the NYSE.
1 min read · 18 January 2013
The co-head of Goldman Sachs’ Real Estate Principal Investment Area in the Americas will be leaving the bank at the end of March. Edward Siskind will relocate from London to New York and continue to head up the global business.
2 min read · 18 January 2013
After hitting an all-time low of just $2.7bn of new CMBS issuance in 2009, the securitisation market is expected to originate up to $15bn per quarter in new deals, with large portfolio refinancings pushing the figure up to $65bn.
2 min read · 18 January 2013
As hundreds of billions of dollars of commercial real estate debt matures over the next few years, transaction volume will increase dramatically, not least in the US' secondary markets. Quality, however, will be key
2 min read · 18 January 2013
London-based Tristan Capital Partners has launched its debut property fund and has hired US investment bank Jefferies to raise the equity.
1 min read · 18 January 2013
The $228.3bn public pension will target private core real estate through separate accounts focused on the US, as it warns commingled funds will be the investment vehicle of last resort.
2 min read · 18 January 2013
The US organisation for REITs studies two decades of performance data and concludes that a mix of those proportions is best because the return cycles for REITs and direct real estate investment are different.
2 min read · 18 January 2013
As the European fund manager looks to expand in the US, it is considering creating new platforms through JVs with other GPs.
1 min read · 18 January 2013
The real estate investment management arm of global property services firm Jones Lang LaSalle has opened its first office in Dubai as it seeks to offer greater support to its Middle East clients.
2 min read · 18 January 2013
