The two firms cited changes to the tax status of carried interest and the possibility of having to register with the SEC as investment advisors as threats to their businesses.
2 min read · 24 January 2013
John Herbert continues love affair with global banks and their real estate activities
2 min read · 24 January 2013
The US commercial real estate market may be close to hitting bottom, but it could be another 18 months before a recovery starts to take place – and three to five years for a full recovery to happen, an NAI Global conference has heard.
2 min read · 24 January 2013
The private equity real estate arm of Leon Black’s buyout shop has garnered $107m for its securitised debt vehicle, on top of $317m for its mortgage REIT.
2 min read · 24 January 2013
The 29-strong Capmark Investments team, including Robert Fabiszewski, William Martin, Wayne Harris, Paul Dolinoy, and Gene Conway, will join the Philadelphia-based real estate investment firm.
2 min read · 24 January 2013
The Greenwich, Connecticut-based real estate firm paid $40.7m for two apartment complexes in Cary, North Carolina.
1 min read · 24 January 2013
The Dallas-based real estate group has so far won commitments totalling $120m for its US IV fund and is targeting $500m for the final close this year.
1 min read · 24 January 2013
Bill Thompson, Walter Stackler, Pamela Wright and Fredrik Elwing have all left to join the New York-based bank. Greenhill said its expansion into the real estate capital raising business was a ‘natural step’.
2 min read · 24 January 2013
A recent bill introduced by US Senator Christopher Dodd maintains SEC registration exemptions for private equity and venture capital funds.
2 min read · 24 January 2013
Prudential appoints Scott Girard as CEO to lead PRUPIM Asia, its real estate investment management business in Asia. Girard relieves previous incumbent Alex Hambly who will focus on his role as CEO of Prudential’s private equity business.
2 min read · 24 January 2013
