The Oakland, California-based private equity real estate firm – which previously raised $100 million from high-net-worth individuals – has begun marketing its first institutional real estate vehicle to investors.
2 min read · 17 January 2013
The New York-based firm has hired Park Hill Real Estate Group, the subsidiary placement agent of The Blackstone Group, to help raise its next generation European fund and a US value added vehicle.
2 min read · 17 January 2013
The New York-based real estate investment firm is looking to raise $650 million in commitments for Savanna Real Estate Fund III, which will target distressed office properties in prime cities such as New York, Washington DC and Boston.
1 min read · 17 January 2013
The Government Pension Fund of Thailand is set to make its first significant step towards becoming a global real estate investor with the appointment of Cleveland-based Townsend Group to deploy $250 million into core and special situations funds in North America, Europe and Asia.
2 min read · 17 January 2013
The preeminent sovereign wealth fund of the United Arab Emirates is in talks to make its first real estate investment in the UK since 2007 with the purchase of a distressed hotel portfolio for a reported £620 million.
2 min read · 17 January 2013
The Miami-based firm already has invested nearly half of its latest value-added vehicle, which gives it about $1 billion in buying power for distressed office assets.
2 min read · 17 January 2013
According to reports in the UK property press, the Los Angeles investment management firm has beaten rival bids for a distressed loan book being sold by UK bank Lloyds Banking Group.
2 min read · 17 January 2013
Compared to its other business lines, the Los Angeles-based investment manager has been the most active in investing capital in the asset class, with its previous real estate fund nearly fully invested and its latest vehicle expected to hold a first close late next month.
3 min read · 17 January 2013
The $69.42 billion pension plan has committed $200 million to a new real estate separate account with Och-Ziff Capital Management and also plans to allocate up to $120 million to SC Management’s latest Asia real estate fund.
3 min read · 17 January 2013
The $25 billion endowment has upped its real estate allocation to 8 percent from 6 percent, enabling it to make an additional $200 million in investments in the space.
2 min read · 17 January 2013
