Proposals to create a ‘bad bank’ to soak up the toxic assets clogging the US financial markets have been welcomed by real estate professionals. However, veterans of the RTC warn against simply ‘moving pieces round the board’.
2 min read · 21 January 2013
Fund managers say the private equity and real estate markets are entering a new paradigm, with fees one area set for potential change. Fees, one GP said, had gotten “out of hand”.
2 min read · 21 January 2013
Credit, or the lack of credit, is on everyone’s minds. For some real estate investors it is presenting an ideal opportunity to provide financing where financing is badly needed.
2 min read · 21 January 2013
Cezary Podkul looks at how the US stimulus bill will impact the upcoming debate on infrastructure spending.
2 min read · 21 January 2013
Carolijn ter Haar and David Boyle will join Joseph Stecher, the chief investment officer of Morgan Stanley Alternative Investment Partners, to develop the recently-launched FoFs business. Ter Haar was previously with Mn Services and Boyle with REMCap.
1 min read · 21 January 2013
The Hong Kong-headquartered firm has augmented its Cambodian operations as it raises a $100m private equity and real estate fund focused on the country.
2 min read · 21 January 2013
The American Society of Civil Engineers also assigned a cumulative grade of D to the nation’s infrastructure. It is the fourth time the US earned that grade in the study, while the estimated spending needed to improve the state of the infrastructure continued to climb from $1.6tn in 2005.
3 min read · 21 January 2013
Real estate executives predict more pain for the next 12 months, with fewer people believing the debt markets will improve significantly over the coming year.
2 min read · 21 January 2013
The Fides Real Estate Direct Lending and Distressed Opportunity Fund will launch next month in search of up to $300m. The fund is led by Hagop Sargisian and Jose Quesada.
1 min read · 21 January 2013
The intellectual property of Linens 'n Things, the former Apollo Global portfolio company, has been acquired by private equity firm Hilco Consumer Capital and investment firm Gordon Brothers Group for vastly less than the original $1.3bn buyout value.
2 min read · 21 January 2013
