Former Prudential Real Estate Investors executive Robert Bilse has been appointed vice president of Brookfield’s private funds group, based in New York, supporting capital raising and marketing activities.
2 min read · 18 January 2013
The Toronto-based fund manager has revealed plans for its most significant real estate capital raising effort since it attracted $5.5 billion for its Real Estate Turnaround Consortium. The fund is one of seven fundraising efforts with a combined total capital raising target of $7 billion.
2 min read · 18 January 2013
The Denver-based firm is seeking $100m in equity for its second debt fund.
2 min read · 18 January 2013
The Miami-based firm has closed on $100m for Parmenter Realty Fund IV.
2 min read · 18 January 2013
A pool of investors led by the two private equity giants has assumed control of a large portfolio of furniture showrooms in Las Vegas and High Point, North Carolina after completing a series of recapitalisations.
2 min read · 18 January 2013
Jessica Hoffman Brennan will join former Credit Suisse private equity and real estate executives Michael Arpey and Alok Gaur on Carlyle’s investor relations team, which now has about 20 staff.
3 min read · 18 January 2013
The New York-based firm has closed Savanna Real Estate Fund II after exceeding its original target.
2 min read · 18 January 2013
Reversing two years of massive declines, opportunistic funds reported returns of 6.4% in the fourth quarter of 2010 and 24.3% for the entire year.
2 min read · 18 January 2013
The future of Tokyo’s Shinagawa Grand Central Tower is likely to be determined by The Blackstone Group and other parties after Morgan Stanley Real Estate Investing today defaulted on its $3.3 billion debt – the biggest default ever on a Japanese CMBS debt.
3 min read · 18 January 2013
With Landmark becoming the latest firm to raise a fund targeting real estate secondaries, the question becomes how much opportunity is really out there.
3 min read · 18 January 2013