Dune Real Estate Partners have hired former Morgan Stanley commercial mortgage trading senior manager David Oliner. It comes as the firm raises its second property vehicle, Dune Real Estate Fund II.
2 min read · 21 January 2013
In his keynote address on the second day of this year’s PERE Forum: Europe, LaSalle Investment Management chief executive officer Jeff Jacobson said US real estate capital values have fallen by 30 percent in the last three quarters. He expects them to fall by another 10% in Q2 alone.
1 min read · 21 January 2013
The real estate arm of the Middle Eastern investor has bought a senior mortgage loan, a B-note and two mezzanine loans backed by properties in Washington DC, New York and Los Angeles.
1 min read · 21 January 2013
The real estate arm of insurance firm Prudential has hired Jack Taylor, Steven Plust and Stephen Alpart as it builds its debt investment operations. Taylor will be head of PREI's global high yield debt business.
2 min read · 21 January 2013
Property Investors’ president and CEO Roger Orf highlighted the increased availability of cheap commercial real estate debt packages as one of three investment opportunities of tomorrow at the PERE Forum: Europe.
2 min read · 21 January 2013
While many investors are 'shell-shocked', Citi Property Investors’ president and CEO Roger Orf believes a trio of future investment opportunities offer up reasons for optimism. He said debt, residential and real estate securities could be 'silver linings'.
2 min read · 21 January 2013
Bryan Bailey has been appointed senior adviser to the Italian funds of funds firm. He joins ex-Merrill Lynch managing director John Herbert in shaping the firm’s real estate fund, which is targeting €300m.
1 min read · 21 January 2013
Barry Sternlicht has launched Starwood Property Trust to target commercial and residential real estate debt opportunities, using financing from the US government’s bailout packages, TALF and PPIP. The next five years will be ‘one of the most attractive investment periods in the past 50 years’.
2 min read · 21 January 2013
The former Morgan Stanley and AMB executive has joined Colony Capital to help the Los Angeles-based firm develop new funds. Colony is targeting $5.25bn for its two latest vehicles.
2 min read · 21 January 2013
As LPs weigh their options, two real estate funds are offering investors the ability to say ‘no’ to certain deals. By Jonathan Brasse
2 min read · 21 January 2013
