The Greenwich, Connecticut-based firm said it will “aggressively” target US hospitality after acquiring a minority stake in private hotel investment firm Hersha Hospitality Management.
2 min read · 24 January 2013
Racebrook Capital, which is still raising its first discretionary real estate fund, is eyeing the massive amount of CMBS product that is due or coming due, following reports of record delinquencies.
2 min read · 24 January 2013
The bank is considering selling five of its private equity fund management businesses, one of which invests in real estate properties throughout the US and Latin America. The potential moves comes as a result of the changing regulatory requirements of the banking industry.
1 min read · 24 January 2013
G2 Investment Group, founded by two former Guggenheim Partners executives and a prominent Latin American financier, is launching a new platform for real estate equity and debt investment, led by Kenneth Cohen, Larry Kravetz and Charles Manna.
3 min read · 24 January 2013
The Hartford, Connecticut-based firm has raised a fund and separate account from a ‘handful’ of US pensions and sovereign wealth funds. The two vehicles will originate mortgages for cash-flowing US properties, backed by substantial cash equity.
2 min read · 24 January 2013
The San-Francisco-based private equity real estate firm has appointed ex-Highland Realty Capital executive Adam Aasen and former Goldman Sachs manager Martin Walsh as director of investments and director of private capital, respectively.
1 min read · 24 January 2013
The White Plains, New York-based firm has sold a portfolio of five data centres to REIT Digital Realty Trust. Rockwood acquired three of the properties in 2006 and 2007 for roughly $120m.
1 min read · 24 January 2013
The bill that would hike taxes on carried interest has a provision that would make it more expensive for GPs to sell stakes in their firms.
3 min read · 24 January 2013
Bank-affiliated infrastructure platforms dominate The Infrastructure Investor 30, a new annual ranking of industry players. Together the 30 largest infrastructure investment groups have formed $140.5 billion of capital for the asset class over the past five years.
3 min read · 24 January 2013
A proposal to host the 2012 Grand Prix in Jersey City went in and out of the mayor’s office faster than a Ferrari. PERE magazine June 2010
1 min read · 24 January 2013
