Dominic Petrucci, former chief operating officer of Cornerstone Real Estate Funds, has joined the firm as chief financial officer.
1 min read · 22 January 2013
The real estate development and investment firm acquires 310 acres of industrial land in South Carolina saying increasing costs at West coast ports and rising demand from Asian shipping companies is boosting the attractiveness of East coast shipping-related investments.
1 min read · 22 January 2013
The German insurance firm, which is the process of building a global property investment business, has acquired a stake in a New York office on the Avenue of the Americas.
1 min read · 22 January 2013
The Irvine, California-based firm, launched this year by former Grubb and Ellis chairman Anthony Thompson, has hired Neil Miller as chief operating officer and general counsel at the firm.
1 min read · 22 January 2013
The AvalonBay Value Added Fund II will seek to acquire multifamily apartments in ‘high barrier-to-entry’ markets in the US.
1 min read · 22 January 2013
The Morristown, New Jersey-based private equity real estate firm has acquired more than 240,000 square feet of industrial and office buildings in its home state through the firm's latest $350m fund, Hampshire Partners Fund VII.
1 min read · 22 January 2013
Middle Eastern sovereign wealth investors have entered British football with The Abu Dhabi United Group for Development and Investment, headed by ‘the Donald Trump of Abu Dhabi’, agreeing to buy Manchester City FC.
1 min read · 22 January 2013
Continuing on the year’s flurry of deals in the multifamily sector, the Boston-based firm has picked up two properties in Orlando, Florida in one of the biggest multifamily transactions in Orlando this year.
1 min read · 22 January 2013
The New York firm’s debut fund, targeting ‘unconventional’ deal flow, is nearly halfway to its $250m target.
1 min read · 22 January 2013
Zoning is changing in the US. Urban sprawl is making way for smarter, more dense, communities where people live where they work and play. But as private equity real estate firms understand only too well, it's an extremely slow process. By Zoe Hughes
10 min read · 22 January 2013
