As the vast Brazilian real estate market becomes saturated with GPs both large and small, prime properties are being gobbled up at a frenzied pace. As with other BRIC markets, development is now the name of the game. By Eva Poon
10 min read · 22 January 2013
Goldman Sachs' Whitehall platform has become among the most dominant players in global property investment, raising billions and executing deals in an inimitable Goldman fashion. The firm is so opaque that even its own PPMs contain no fund-level performance data. Investors who sign on as limited partners gain access to the immense Whitehall footprint, but pay what many view to be a dizzying array of fees for the privilege. PERE goes inside an enviable franchise that its rivals have at times called ‘The Evil Empire.’ By Robin Marriott and Zoe Hughes
10 min read · 22 January 2013
The amount of chatter around private equity real estate firms raising debt funds has been hard to escape, but so far all of that talk hasn't been matched by a huge amount of actual money changing hands. As the banks remain hesitant to sell at rates which could deliver equity-like returns for the funds, many are starting to wonder whether there will really be the kind of opportunity in debt that boosters initially promised. By Dave Keating
10 min read · 22 January 2013
Owning the debt in your own transaction sounds interesting if you can buy it at a discount. But do the banks want to play ball? By Robin Marriott
5 min read · 22 January 2013
John Kukral's debut fund has closed on $1.25bn. Unusually, the fund is an ‘evergreen’ vehicle, something Northwood says will allow it to take a much longer view.
5 min read · 22 January 2013
As hedge funds increasingly look to property investment, one real estate investment banker discusses five common mistakes—and how to avoid them. By Paul Fried
10 min read · 22 January 2013
The fallout from the subprime loan meltdown in the US is being felt in real estate markets across the globe. Could a resulting change in consumer behavior open up distressed opportunities for real estate investors? By Dave Keating
5 min read · 22 January 2013
PERE recently caught up with Perseus Realty Partners founder Paul Dougherty, who talked about Washington's “other” economy, the firm's relationship with parent company Perseus Capital and what it could do with the surplus real estate of the Hagar slacks company. By Aaron Lovell
9 min read · 22 January 2013
Westport Capital Partners has made two acquisitions in the US healthcare market this summer—joining a slew of other private equity firms that are pumping capital into the sector.
4 min read · 22 January 2013
The Southern California plant nursery operator, partly owned by CalSTRS, has selected turnaround specialist Black Diamond as its stalking horse bidder. Hines has also secured $62 million in debtor in possession financing from its lenders, which include Cerberus-owned GMAC Commercial Finance.
2 min read · 22 January 2013
