The New York firm is reportedly in the process of buying Top Ryde, an 839,592 square foot shopping mall that has given its owners and creditors issues ever since its redevelopment.
2 min read · 17 January 2013
The Denver-based investment firm has raised $85 million of the $100 million target for its second real estate finance fund. To date, Fund II is 40 percent invested.
2 min read · 17 January 2013
Lloyds Banking Group has sold a portfolio of distressed property loans for £149m as interest in Ireland’s real estate increases.
2 min read · 17 January 2013
The US bank also says banks in Europe are 20 to 25% through their estimated deleveraging – a faster pace than it expected – and picks out Blackstone and Oaktree as being well positioned to capitalise.
3 min read · 17 January 2013
The Los Angeles-based investment manager continues to be most focused on opportunities in the asset class, including a new real estate debt fund for which the firm is finalising an initial commitment.
2 min read · 17 January 2013
The Atlanta-based private equity real estate firm, in a joint venture with Evolution Capital Management, will invest more than $250 million in US commercial real estate over the next two years.
2 min read · 17 January 2013
Following a first close and roughly $300 million in pending commitments, the Chicago-based private equity real estate firm will be about halfway to its equity target for its latest opportunistic vehicle.
3 min read · 17 January 2013
The San Francisco-based real estate fund manager has raised about half of its $400m to $500m target for its latest opportunistic vehicle and is expected to conclude its capital raise by early 2013.
2 min read · 17 January 2013
The $15 billion state endowment has contributed $50 million to RREF IV – its third investment in the non-core space this year.
2 min read · 17 January 2013
The Greenwich, Connecticut-based real estate firm has agreed to purchase the InTown Suites hotel chain on behalf of its ninth distressed opportunity fund. The price includes the assumption of about $617 million in debt.
1 min read · 17 January 2013