Exploring alternatives to plug the state's projected budget shortfall for transportation projects, the US state's executive and legislative leaders are examining the possibility of creating a Texas-focused transport infrastructure fund.
2 min read · 22 January 2013
The joint venture between New York-based Och-Ziff and Florida-based real estate developer The Kolter Group is targeting residential investments in the southeast region of the US.
1 min read · 22 January 2013
Foxtons, the UK estate agency owned by global buyout group BC Partners, is having a tough time amid the housing market slowdown. Investment bankers from NM Rothschild are reportedly being asked to advise on a refinancing of the company’s £250m debt package.
1 min read · 22 January 2013
The Southern California plant nursery operator, partly owned by CalSTRS, has selected turnaround specialist Black Diamond as its stalking horse bidder. Hines has also secured $62 million in debtor in possession financing from its lenders, which include Cerberus-owned GMAC Commercial Finance.
2 min read · 22 January 2013
The joint venture that recently raised a $1bn real estate fund is targeting the Florida residential sector. The firms have acquired 500 condos in the Sunshine State ‘at significant discounts.’
1 min read · 22 January 2013
Foxtons, the UK estate agency owned by global buyout group BC Partners, is having a tough time amid the housing market slowdown. Investment bankers from NM Rothschild are reportedly being asked to advise on a refinancing of the company’s £250m debt package.
1 min read · 22 January 2013
Gautam Bhandari, previously part of the bank’s investment banking division in New York, is moving to Mumbai to head up Morgan Stanley Infrastructure as it seeks to invest part of a $4bn global fund in India, the Middle East and Sub-Saharan Africa.
1 min read · 22 January 2013
The Indian real estate fund has invested in one of the first ‘green’ developments in India, being built by the 3C Group in Noida.
1 min read · 22 January 2013
The private real estate investment firm has acquired nine multifamily properties in the Austin, Texas market, betting on the area’s strong demographics.
2 min read · 22 January 2013
The private equity real estate firm has partnered with US-based real estate investment firm ConAm to acquire a 456-unit apartment complex in Sacramento, California. The pair plan to upgrade the property and increase rents.
1 min read · 22 January 2013