Close Brothers has warned that commercial property companies, banks and investors must look for creative restructuring and refinancing solutions in the face of a second wave of the credit crunch.
1 min read · 21 January 2013
Investors from Europe, US, Middle East and Japan buy in to the company’s distressed targets vision.
2 min read · 21 January 2013
The $280m joint venture fund between Blue Vista Capital Management and Place Properties is targeting $50m of equity to foreclosed and troubled student housing in the US.
1 min read · 21 January 2013
Though there is €50 billion of equity ready to be deployed in European real estate this year, the amount has fallen by three quarters from 2007, according to Jones Lang LaSalle.
2 min read · 21 January 2013
The firms have held a $150m first close and expect to raise $200m by the end of the first quarter.
1 min read · 21 January 2013
The Florida-based firm joins several other high-profile private equity firms that have cut back on staff to control costs amid recession, including Blackstone and Carlyle. Sun invested alongside Lubert-Adler in US retailer Mervyns, which last year filed for bankruptcy.
2 min read · 21 January 2013
More than 10,000 votes were cast for the third annual PERE Awards and here – over the next dozen pages – we present the winners and runners-up of the Asia and rest of world awards. By Robin Marriott, Jonathan Brasse and Zoe Hughes. PERE March 2009
10 min read · 21 January 2013
More than 10,000 votes were cast for the third annual PERE Awards and here – over the next dozen pages – we present the winners and runners-up of the North American awards. By Robin Marriott, Jonathan Brasse and Zoe Hughes. PERE March 2009
10 min read · 21 January 2013
Research suggests 2001 was the optimum year for opportunity real estate funds to succeed. GPs expect 2009 and 2010 could become the next golden era. PERE Magazine December 2008/January 2009
4 min read · 21 January 2013
As some LPs actively seek to liquidate their real estate assets in the secondaries market, other more well capitalised limited partners are eyeing the sector as a potential investment opportunity. However with so much uncertainty in the market, the task of underwriting those positions is now much more daunting. PERE Magazine December 2008/January 2009 issue.
5 min read · 21 January 2013