New York-based investment management firm BlackRock has purchased the Calhoun Square retail property from Iowa-based Principal Global Investors for a reported $45m.
1 min read · 22 January 2013
The Philadelphia-based private equity real estate firm has sold its Sandpointe office building in California for close to $40m.
1 min read · 22 January 2013
A real estate vehicle owned by KKR suffered a 31 percent fall in its share price yesterday, after the vehicle was forced to sell $5 billion of residential mortgage loans at a loss.
2 min read · 22 January 2013
Following its foray into the DC-area residential market last month, Dallas-based Behringer Harvard has just snapped up four office buildings in Chicago’s business district.
2 min read · 22 January 2013
Chicago-based Harrison Street and New York-based Kaplan Development Group have joined forces to develop, redevelop and acquire senior housing properties throughout the Northeast and Southeast US.
1 min read · 22 January 2013
The country’s largest public pension is considering increasing its interests in real estate with an eye toward the burgeoning emerging market countries.
2 min read · 22 January 2013
On the heels of its recent Bay Area hotel acquisition from the same company, Carlyle Group has acquired properties in Hollywood, Florida—the first in its joint venture with MHI Hospitality.
2 min read · 22 January 2013
JER Partners has convened a high-profile advisory board to direct its investment interests throughout Latin America.
3 min read · 22 January 2013
Dubai-based private equity firm Istithmar has emerged with high-end retailer Barneys New York for a purchase price of $942m, after a month-long bidding war with Japanese clothing retailer Fast Retailing.
2 min read · 22 January 2013
A new report from Deutsche Bank foresees the global real estate market growing 40 percent over the next five years.
2 min read · 22 January 2013
