The private equity real estate firm run by Russell Platt is reportedly also taking on the Credit Suisse staff who manage the loans.
2 min read · 24 January 2013
Essdar Capital, an Abu Dhabi-backed fund based in Dubai, has taken control of an Oman real estate scheme in a deal dubbed by the Financial Times as a “landmark regional distressed real estate deal”
1 min read · 24 January 2013
New York-based alternative investment firm, Fortress Investment Group, meets its capital raising target for its first Asia real estate fund, the yen-denominated Fortress Japan Opportunity Fund.
1 min read · 24 January 2013
The US global buyout firm has announced a €900m joint venture with Dublin’s Green Property to acquire assets particularly in partnership with government agencies and financial institutions
2 min read · 24 January 2013
The Greenwich, Connecticut-based firm has already invested roughly $200m of its $965m Starwood Capital Hospitality Fund II – three-quarters of that targeting debt deals in the sector and 40 percent invested internationally.
2 min read · 24 January 2013
The Florida State Board of Administration, which manages the state’s $113bn pension funds, has made commitments to ABRY, Oaktree and Varde, and is negotiating commitments to Audax and GSO.
2 min read · 24 January 2013
The Greenwich, Connecticut-based firm said it will “aggressively” target US hospitality after acquiring a minority stake in private hotel investment firm Hersha Hospitality Management.
2 min read · 24 January 2013
Racebrook Capital, which is still raising its first discretionary real estate fund, is eyeing the massive amount of CMBS product that is due or coming due, following reports of record delinquencies.
2 min read · 24 January 2013
Mid-market private equity firm Graphite Capital has backed the start-up of a London property development business with a £100m funding package.
2 min read · 24 January 2013
G2 Investment Group, founded by two former Guggenheim Partners executives and a prominent Latin American financier, is launching a new platform for real estate equity and debt investment, led by Kenneth Cohen, Larry Kravetz and Charles Manna.
3 min read · 24 January 2013