Oussama Daher has been promoted to managing director. He is among 33 Carlyle staff to be rewarded with new titles.
1 min read · 24 January 2013
John Klopp has been appointed head of Americas equity and debt investing, reporting directly to Jay Mantz.
2 min read · 24 January 2013
Investors waiting for the US commercial real estate market to hit the 10% cap rates of the early 1990s could be disappointed, according to CBRE.
2 min read · 24 January 2013
The firm has acted quickly on a new pilot scheme from the Beijing government to attract foreign private equity investment. It will reportedly raise $732m.
3 min read · 24 January 2013
The Australian investor is said to be in talks with the Canada Pension Plan Investment Board and the Abu Dhabi Investment Authority to submit a joint bid for French firm EDF’s UK electricity network. Goldman Sachs and Lexicon Partners are reportedly advising the consortium on their bid.
2 min read · 24 January 2013
Edward Linde passed away following complications from pneumonia, the US REIT said. Mortimer Zuckerman has taken over the role of CEO. "He will be greatly missed by all," said Zuckerman.
2 min read · 24 January 2013
Glenmont Capital founding partner Larry Kestin expects lenders to get more realistic over prices in 2010. The firm recently acquired a Florida hotel from a bank after the borrower filed for bankruptcy.
2 min read · 24 January 2013
Ladder Capital postponed plans for a partial blind-pool REIT after institutional investor appetite waned last September. CEO Brian Harris talks to Zoe Hughes about the future.
3 min read · 24 January 2013
Colony Capital, the Los Angeles-based private equity real estate firm led by Tom Barrack, has purchased approximately $1bn in commercial mortgages from the Federal Deposit Insurance Corporation. The deal marks the first significant offload by the state-run organisation this year.
1 min read · 24 January 2013
The mortgage REIT created by Barry Sternlicht’s Starwood Capital group has acquired three loans secured by hospitality and retail assets across the US. Starwood Property Trust has spent 30% of its IPO proceeds.
2 min read · 24 January 2013
