More than $147bn of transactions took place in the last three months of 2009, supporting beliefs property markets worldwide could be enjoying a V-shaped recovery.
2 min read · 24 January 2013
The US homebuilder has returned to buying distressed debt acquiring a portfolio of 5,500 residential and commercial loans pooled from 22 failed banks by the FDIC.
2 min read · 24 January 2013
Morgan Stanley’s head of real estate investing in Japan has resigned to raise a distressed real estate fund. Yoshi Shigenari, a long-serving executive of the investment bank, takes over his position.
1 min read · 24 January 2013
Central and Eastern European developer Plaza Centers is to co-invest $100m in a fund to be managed by Elbit Partners USA aimed at taking advantage of the “current dislocation in the US financing and real estate markets”.
2 min read · 24 January 2013
The Chicago-based real estate investment manager is reportedly planning to partner with developers in Australia as it looks to increase its exposure to the nation’s office and logistics sectors.
1 min read · 24 January 2013
Apollo Commercial Real Estate Finance has invested almost two-thirds of the equity raised in its IPO on first mortgages, mezzanine loans and CMBS.
2 min read · 24 January 2013
The guy makes $16bn in profits and his only bonus is a congressional tongue-lashing, writes David Snow
2 min read · 24 January 2013
The pension, with $12bn in assets, has committed $80m to Enhanced Equity and American Securities in its latest private equity commitments.
2 min read · 24 January 2013
The New York private equity firm led by Leon Black has hired former Colony Capital head of Asia Pacific, Grant Kelley, as it seeks to raise its first fund in the region
2 min read · 24 January 2013
Los Angeles-based Colony Capital makes its first non performing loan deal in Europe since the credit crunch and scoops a first by dealing with Germany’s co-operative workout loan bank, BAG. PERE Magazine, February issue.
2 min read · 24 January 2013
