Lone Star said in a letter to Accredited Home Lenders today that it would loosen the closing conditions of the deal if Accredited agrees to cut its price from $400m to $225m.
2 min read · 22 January 2013
Palo Alto, California-based Broadreach Capital Partners has expanded its Denver area office portfolio with the reported addition of its eleventh property for $45m.
1 min read · 22 January 2013
The publicly traded French hotel group’s chief executive says he has had no approach from an interested private equity bidder.
2 min read · 22 January 2013
Global real estate firm Hines and investment partner CalPERS have reportedly sold the 919 Milam office building in downtown Houston to Chicago-based Transwestern Investment Company.
1 min read · 22 January 2013
A recent report by Eurohypo says private equity firms are driving the market by using real estate to finance acquisitions.
2 min read · 22 January 2013
Dubai-based buyout firm Abraaj Capital will hold the second close of its infrastructure and growth capital fund in September, and is on course for a final close on $2 billion by the end of the year.
1 min read · 22 January 2013
LaSalle Investment Management has partnered with The Westfield Group to redevelop the Westfield Doncaster mall in Victoria, Australia.
2 min read · 22 January 2013
Goldman Sachs is reportedly close to buying Tiffany & Co.’s flagship property in Tokyo for $318m.
1 min read · 22 January 2013
Philadelphia-based BPG Properties has acquired a grocery store-anchored retail center in Las Vegas.
1 min read · 22 January 2013
The Memphis-based REIT, a portfolio company of Goldman Sachs’ Whitehall fund, has acquired an eight-hotel portfolio from InterMountain Management for more than $90m.
1 min read · 22 January 2013