The Los Angeles-based private equity real estate firm, famed for its opportunistic plays, is expanding into new areas. The move is being spearheaded by Colony president Richard Saltzman, the man credited with creating the first real estate opportunity fund and the modern-day REIT.
2 min read · 22 January 2013
Zoning is changing in the US. Urban sprawl is making way for smarter, more dense, communities where people live where they work and play. But as private equity real estate firms understand only too well, it's an extremely slow process. By Zoe Hughes
10 min read · 22 January 2013
As the vast Brazilian real estate market becomes saturated with GPs both large and small, prime properties are being gobbled up at a frenzied pace. As with other BRIC markets, development is now the name of the game. By Eva Poon
10 min read · 22 January 2013
Goldman Sachs' Whitehall platform has become among the most dominant players in global property investment, raising billions and executing deals in an inimitable Goldman fashion. The firm is so opaque that even its own PPMs contain no fund-level performance data. Investors who sign on as limited partners gain access to the immense Whitehall footprint, but pay what many view to be a dizzying array of fees for the privilege. PERE goes inside an enviable franchise that its rivals have at times called ‘The Evil Empire.’ By Robin Marriott and Zoe Hughes
10 min read · 22 January 2013
The amount of chatter around private equity real estate firms raising debt funds has been hard to escape, but so far all of that talk hasn't been matched by a huge amount of actual money changing hands. As the banks remain hesitant to sell at rates which could deliver equity-like returns for the funds, many are starting to wonder whether there will really be the kind of opportunity in debt that boosters initially promised. By Dave Keating
10 min read · 22 January 2013
Ian Gleeson, who oversaw Morley's international multi-manager service, has joined CBRE Investors to help grow the firm's platform.
6 min read · 22 January 2013
Owning the debt in your own transaction sounds interesting if you can buy it at a discount. But do the banks want to play ball? By Robin Marriott
5 min read · 22 January 2013
John Kukral's debut fund has closed on $1.25bn. Unusually, the fund is an ‘evergreen’ vehicle, something Northwood says will allow it to take a much longer view.
5 min read · 22 January 2013
As hedge funds increasingly look to property investment, one real estate investment banker discusses five common mistakes—and how to avoid them. By Paul Fried
10 min read · 22 January 2013
Recent Australian private equity real estate deals like Investa Properties and Multiplex have put property on the map Down Under. Could domestic investors be losing the country's best opportunities to foreign firms? By Dave Keating
9 min read · 22 January 2013
