Sex, communism and real estate 2008-10-01 Staff Writer <strong>Quotable</strong><br /> <table> <tbody> <tr> <td><strong>“What we have seen is a lull in the market, what you might call the calm before the storm. We are seeing prices c
2 min read · 22 January 2013
Steven Lin, the executive vice president of Capmark Financial and head of its Asia operations, has resigned effective immediately, according to a regulatory filing. Lin was formerly with Goldman Sachs' Real Estate Principal Investment Area.
1 min read · 22 January 2013
The Tokyo-based real estate investment firm is reportedly raising a $1bn fund to take advantage of failing residential property companies. Secured Capital CIO John Paul Toppino says current conditions are similar to the financial crisis of the late 1990s.
2 min read · 22 January 2013
The US arm of ING Real Estate has closed its Clarion Development Ventures III fund, which will target all property sectors in the US, including distressed land sales.
1 min read · 22 January 2013
The US conglomerate said it was looking to cut its commercial real estate assets to $80bn from $90bn over the next year as part of the firm’s plans to scale back on its financial arm, GE Capital.
2 min read · 22 January 2013
Sacramento, California-based private equity firm Dunmore Capital says finished lots in parts of the US are now selling for steep discounts. Founder Sid Dunmore warns there is more pain ahead for developers.
2 min read · 22 January 2013
The US industry body, the Real Estate Roundtable, said the US government’s $700bn plan to buy-up troubled mortgage-related assets had a high ‘price tag,’ but argued that it was the best way forward.
2 min read · 22 January 2013
The Carlyle co-founder said he and other private equity players would be among the biggest buyers of the distressed mortgage- and real estate-related assets set to be acquired by the US governments’ $700bn financial rescue plan.
2 min read · 22 January 2013
An affiliate of the Washington DC-based private equity real estate firm has unveiled PRC Securities, which will raise funds for Perseus Realty and third party real estate vehicles targeting the middle market.
2 min read · 22 January 2013
The specter of a return to the 1989 Resolution Trust Corporation was raised today as the US Treasury said it would introduce a ‘relief program’ for troubled mortgage assets. If formed, the program would consolidate an enormous pool of assets for opportunistic buyers to feast upon.
3 min read · 22 January 2013
