The New York-based alternative assets business has promoted two from its real estate team to senior managing director as part of a wider raft of promotions across the business.
1 min read · 24 January 2013
The New York-based investment firm has acquired the Las Vegas Bank of America Plaza for $64m and a Maryland apartment property for $38m in partnership with City Center Realty and The Donaldson Group, respectively.
1 min read · 24 January 2013
With year-end upon us, we examine some of the trends that have emerged this year and are likely to dominate 2011
3 min read · 24 January 2013
CalPERS has elected to do away with traditional allocation labels, may push for performance-based fees and prohibit consultants from also managing its capital. Is this a sign of bigger things to come?
3 min read · 24 January 2013
Fredrik Elwing, managing director at Greenhill & Co International, told PERE at last week's PERE Forum: Frankfurt that institutional investors would either maintain or increase their exposure to real estate in 2011, although fund structures would continue to be scrutinised.
1 min read · 24 January 2013
The Macquarie Mexican Infrastructure Fund will acquire a company with a 20-year contract to reconstruct and maintain highways in the Mexican state of Durango. The firm has also placed Macquarie executives Martin Stanley and Chris Leslie on its board.
2 min read · 24 January 2013
How Ireland’s recent woes caused US private equity firm TPG and UK partner Green Property to walk away from a €120 million property deal
3 min read · 24 January 2013
CalPERS has received numerous recommendations after a 'special review' of fees, including demanding all GP meetings take place at the pension's offices and not in 'expensive settings'.
2 min read · 24 January 2013
The subdued economic backdrop to Europe means the primary challenge facing real estate investors is how to invest in a low growth environment without taking on unwanted or unmanageable risks.
3 min read · 24 January 2013
The New York-based firm has acquired a 40% stake in a pool of 102 commercial real estate loans, primarily in Florida and Georgia, for roughly $7 million. To support the deal, Hudson will open an office in Florida.
2 min read · 24 January 2013