Just a few weeks ago, there was more talk of distressed sellers than actual motivated sellers. Now talk is about to turn into action.
2 min read · 22 January 2013
The private equity firm beat its combined target of $6.5bn for the two funds. It is the first time Lone Star has raised separate, side-by-side funds for each investment strategy.
2 min read · 22 January 2013
The Chicago-based private equity real estate firm led by former Heitman partner Christopher Merrill and the grandsons of the Motorola founding fathers, Christopher and Michael Galvin, will expand its “recession-resistant” investments in the US education, healthcare and boat storage real estate sectors.
2 min read · 22 January 2013
John Kukral, who was fundamental in building Blackstone’s real estate arm, will target US distressed real estate companies and assets with his debut fund, Northwood Real Estate Partners I. The fund is an evergreen vehicle.
2 min read · 22 January 2013
Prime areas of Manhattan, Washington DC and San Francisco saw office vacancy rates increase in the three months to June 30, according to a report by Colliers. The study by the real estate advisory firm said Class A properties were among the most affected.
2 min read · 22 January 2013
The US private equity firm sees an opportunity in Japan amid moves by major banks to cut their exposure to property, according to a report.
1 min read · 22 January 2013
The Hong Kong-based firm is midway through a fundraise for a strategy based on the growing wealth of the Pacific Rim.
2 min read · 22 January 2013
The Los Angeles-based private equity firm builds on its knowledge of the renal healthcare system in the US acquiring long-term care company, Covenant Care. Covenant has 43 nursing homes and three residential care facilities in seven US states.
2 min read · 22 January 2013
The consulting firm set up by the former New York mayor is branching out into real estate after launching an opportunity fund in partnership with Rockville, Maryland-based development company, Berman Enterprises. The fund, Berman Enterprises Opportunity Fund, is targeting between $500m and $750m in equity commitments.
2 min read · 22 January 2013
The US public pension looks to alternatives to drive returns, plowing $825m into private equity, real estate and hedge funds.
2 min read · 22 January 2013
