Tony Thompson’s new private equity real estate firm hires another Grubb and Ellis professional, Darrell Betts, as chief investment officer and president of its Middle East operations.
2 min read · 22 January 2013
A letter sent to Apollo limited partners explains the fund’s IRR will drop only minimally if an investment in the now-bankrupt housewares giant is marked down to zero.
3 min read · 22 January 2013
The country’s government pension fund will invest about $650m in global private equity and real estate in the coming months.
2 min read · 22 January 2013
The Medical City, a Philippine hospital, has received an investment from San Francisco-based Lombard Investments.
2 min read · 22 January 2013
Los Angeles-based multi-family investor IMT Capital has acquired a 253-unit townhouse and apartment complex in California’s Ventura County.
1 min read · 22 January 2013
Private equity firms Colony Capital and Eurazeo plan to increase their stake in the hotel group Accor, which owns the Pullman and Ibis hotel chains, to 30 percent.
2 min read · 22 January 2013
Private equity firms Colony Capital and Eurazeo plan to increase their stake in the hotel group Accor, which owns the Pullman and Ibis hotel chains, to 30 percent. Both firms pledge not to take control of the company.
2 min read · 22 January 2013
The US real estate investment firm – expected to close on its $500m retail fund later this year – has picked up the Deerfield Plaza complex in Omaha, Nebraska.
1 min read · 22 January 2013
Former Los Angeles City Employees Retirement System general manager Robert Aguallo has moved to the private sector joining infrastructure investors Cardinal Americas.
2 min read · 22 January 2013
Los Angeles-based CB Richard Ellis Investors has invested out of its Strategic Partners Asia II vehicle to acquire a joint venture interest in the Guangdong Development Bank Tower in Shanghai.
1 min read · 22 January 2013
