The California-based real estate firm is in the process of purchasing a 22-story office building from Lincoln Property, which owned the skyscraper on behalf of Illinois Teachers.
1 min read · 27 August 2013
The threat of a banking collapse in Cyprus has had fund managers reaching for the telephones in a hurry this week.
3 min read · 27 August 2013
Chancellor George Osborne said in his budget speech Wednesday the government will ‘make changes to limited partnerships to more effectively accommodate their use for private equity investments’.
3 min read · 27 August 2013
Prospective bidders already have conducted due diligence on the Asia- and Europe-focused private equity real estate firm and a deal could happen in the next quarter.
2 min read · 27 August 2013
Having sorted out redemptions for certain investors, the Asian real estate investment business of Pramerica Investment Management is ready to haul more capital for its S$3 billion open-ended Asia retail fund, Pramerica AsiaRetail.
2 min read · 27 August 2013
In continuing its plan to reduce its exposure to non-core assets, the London-based banking giant is considering the sale of another €650 million worth of Irish real estate loans.
2 min read · 27 August 2013
The New York-based investment firm has raised nearly a third of its $750 million target for Madison International Real Estate Liquidity Fund V.
2 min read · 27 August 2013
The New York-based real estate firm has settled its case with the SEC after it was alleged that the firm had failed to supervise the activities of one of its broker-dealers.
2 min read · 27 August 2013
The Parsippany, New Jersey-based real estate arm of Prudential has purchased 100 Spear Street from Clarion Partners.
1 min read · 27 August 2013
Hallandale, Florida-based Beacon Investment Properties is poised to purchase the IDS Center in downtown Minneapolis for $255 million. The deal comes on the heels of Angelo Gordon and City Center Realty Partners buying a nearby downtown tower for nearly $44 million.
2 min read · 27 August 2013
