Crown Mortgage Management has been given extra ability to co-invest in performing and non performing loans alongside investors such as opportunity funds.
2 min read · 21 January 2013
Goldman Sachs is transfiguring its platform to seize complex opportunities. It won’t be long before it’s ready to take on the world (again). By Robin Marriott
3 min read · 21 January 2013
Goldman Sachs’ Whitehall Funds is buying almost 900 non-performing and sub performing loans backed by Italian residential property.
1 min read · 21 January 2013
Private equity real estate funds need to start aggregating capital if they want to take part in the buying opportunity of a lifetime, according to Aviva Investors’ Ed Casal.
2 min read · 21 January 2013
Left holding the debt of a struggling real estate investment? What US fund managers need to know about entering into receiverships. By Anthony Theophilos of Starr Finley
6 min read · 21 January 2013
Prospect Acquisition Corp, a $248m blank cheque company, has acquired the Beverly Hills-based investment firm for an undisclosed sum. The Kennedy Wilson name and fund platform will remain, but as a ‘wholly-owned subsidiary of Prospect’.
2 min read · 21 January 2013
The London-based private equity firm is to join forces with ING REIM for what it termed as the best buying opportunity for two years.
1 min read · 21 January 2013
The Chinese sovereign wealth fund has held talks with BlackRock, Invesco and Lone Star as it looks to the US real estate market and distressed mortgage securities, according to the Wall Street Journal.
1 min read · 21 January 2013
Just $16.2bn has been raised for real estate opportunity funds worldwide in H1 2009, according to Probitas Partners. Much of the negative investor sentiment falls at the door of “legacy real estate funds”, says partner Kelly DePonte.
2 min read · 21 January 2013
The firm, backed by KKR, Five Mile and Goldman Sachs, has already agreed to sell its US mortgage business to Berkshire Hathaway and Leucadia National.
3 min read · 21 January 2013