The former chief US housing strategist at Morgan Stanley has co-founded an asset management firm to invest more than $1 billion in distressed single-family rental homes in the US over the next two years.
3 min read · 17 January 2013
The former managing director of capital markets at the New York-based real estate fund manager has joined Ares Management in a senior role within its real estate capital markets group.
2 min read · 17 January 2013
Revetas Capital Advisors, the recently launched Central and Eastern Europe fund manager, has opened a new office in Budapest and hired its first regional director.
2 min read · 17 January 2013
How similar real estate strategies at CalPERS and CalSTRS have produced different results.
3 min read · 17 January 2013
The New York-based alternative asset manager expects an uptick in real estate sales in the coming year, although 2012 also “is on track to be a huge year” for new investments.
3 min read · 17 January 2013
The Tokyo-based firm becomes one of a small handful of managers to attract equity to a blind-pool real estate vehicle in Asia during 2012.
2 min read · 17 January 2013
The Zurich-based investment bank said today that it is looking to sell one of its largest private equity fund investing groups, which has a $1 billion real estate practice, citing its illiquidity and lack of synergy with the rest of the firm.
2 min read · 17 January 2013
An index of 300 value-added and opportunistic real estate funds across the world, sponsored by Partners Group and Thomson Reuters, recorded a return of 10.4 percent for 2011 – better than both a listed index and the wider S&P 500 Composite Total Return Index.
2 min read · 17 January 2013
Real estate scored the highest gains among the asset classes in the $233 billion pension plan’s investment portfolio, earning a nearly 16 percent return and exceeding its benchmark by 322 basis points.
3 min read · 17 January 2013
Patron Capital has teamed up with London-based Revetas Capital Advisers to advise on buying distressed assets in Central and Eastern Europe or assets in Western Europe controlled by local CEE banks. Revetas is also raising a €250m fund, it revealed.
2 min read · 17 January 2013
