After restructuring more than $2.2bn of debt secured against its legacy office properties, the New York-based firm has bought a new asset from a venture between GMAC and PRP
2 min read · 24 January 2013
Nine months after taking back control of California’s La Costa Resort from Whitehall Street, the Denver-based leisure and travel-focused firm has bought the ski resort that hosted the 1960 Winter Olympics.
2 min read · 24 January 2013
The agency gave greater shape to venture capital exemptions put forth by the financial reform bill passed earlier this year.
2 min read · 24 January 2013
Aberdeen Asset Management gains from the continued exodus at ING Real Estate Investment Management’s fund of funds business.
2 min read · 24 January 2013
Insurance companies and other ‘alternative’ institutions have entered into the property lending business in the last quarter
2 min read · 24 January 2013
No happy 20th anniversary for Colony Capital in Hawaiian ‘paradise’ as LPs object to location of its annual investor meeting
2 min read · 24 January 2013
The two large pension plans have partnered with Westfield Group to invest in the 1.9m sq. ft. Westfield Stratford City complex, located next to the London 2012 Olympics site.
2 min read · 24 January 2013
The state pension giant, among the most active in the market with about $77bn in assets, has invested $1.3bn to five managers including Evergreen Real Estate, KSL, Vestar, Lone Star and Sheridan Production Partners.
2 min read · 24 January 2013
The 25-member LP pool of Bank of America Merrill Lynch’s ill-fated Asian Real Estate Opportunities Fund, rubberstamped their approval of a settlement offered by the Wall Street bank at an investor meeting in Hong Kong last week.
2 min read · 24 January 2013
The London-listed investment management firm has been granted extra funds by existing Middle Eastern partners, and has acquired a distribution portfolio for £123m.
2 min read · 24 January 2013
