The Caribbean & Latin America Real Estate Fund will focus on distressed opportunities and development with a primary focus on the Dominican Republic, Puerto Rico, Antigua and Barbuda.
1 min read · 21 January 2013
The Washington, DC-based mega-firm has already made investments from Carlyle Mezzanine Partners II and bought some mezzanine investments on the secondaries market.
2 min read · 21 January 2013
The private equity firm has hired the former Cohen & Steers chief investment officer, James Corl, to led its foray into real estate. The firm said it would look to create a real estate vehicle to target distressed investments.
2 min read · 21 January 2013
The troubled UK lender will no longer provide long-term project finance loans with durations of more than 15 years but it will continue to make such loans of 'appropriate length', according to people familiar with the matter.
4 min read · 21 January 2013
Opportunity funds are not alone in wanting to cherry-pick real estate assets at attractive prices.
2 min read · 21 January 2013
The Danish firm says it wants to take advantage of tumbling property prices in both the direct and indirect real estate markets in the Nordics.
1 min read · 21 January 2013
The California pension is set to create a $6bn securities portfolio targeting distressed sellers that will cut across all asset classes. To make room for the portfolio, the pension is shifting its asset class allocations, including increasing allocations to real estate and private equity.
2 min read · 21 January 2013
The S&P/Case-Shiller Home Prices Indices was down 18.2% in 2008. Phoenix, Las Vegas and San Francisco were among the worst areas affected.
1 min read · 21 January 2013
The first auction of the year by Allsops in the UK saw 91 percent of the residential properties sold. Auctioneers at the firm say conditions are more like boom time than recession.
2 min read · 21 January 2013
The Financial Accounting Standards Board in the US will improve its guidance on fair value and its disclosure standards, following the Securities and Exchange Commission’s suggestion.
2 min read · 21 January 2013
