The firm has accused its departed co-founder of 'unethical' conduct in a pension pay-to-play scandal. Rattner denies the accusation.
2 min read · 24 January 2013
Chairman and chief executive officer of ING Clarion Stephen Furnary said
2 min read · 24 January 2013
The real estate investment firm has teamed up with Pacific Property Company to buy 248 multifamily units from US REIT, BRE Properties.
1 min read · 24 January 2013
The acquisition of 600 Lexington Avenue by the US REIT has been closely watched by real estate investors amid speculation a price bubbling is gripping the city. The deal, for which SL Green is looking for a JV partner, values the property at $636-a-square-foot.
2 min read · 24 January 2013
The California Public Employees’ Retirement System considers ban on investments with private real estate fund managers looking to convert rent stabilised apartments into market rate units, a strategy employed in the Peter Cooper Village and Stuyvesant Town deal in Manhattan.
3 min read · 24 January 2013
Chicago-based real estate investment firm LaSalle has announced internal promotions in Canada, Europe and Asia
1 min read · 24 January 2013
A raft of executives has departed Credit Suisse Real Estate Private Fund Group including directors Manjul Ramchandanii, Lee Purcell, Doug Kinney, Alok Gaur, Daniel Taylor and Ben Linder. Anthony Carpenito is now heading the group, which has been rolled into the bank’s private equity fundraising arm.
2 min read · 24 January 2013
The Equity Group Investments chairman warned large opportunity funds, such as MSREF and Whitehall, were too big and took too many risks, on the opening day of the spring ULI conference in Boston.
2 min read · 24 January 2013
Jean-Paul Gauzes, the rapporteur for AIFM, has suggested a way of replacing the controversial third-country rules.
2 min read · 24 January 2013
Despite coming in shy of target, it is the largest fund raised for Asia in the last 18 months.
3 min read · 24 January 2013
