02 Sep 2010 18:10 GMT Justice Richard Lowe refused to make a ruling today on the legality of a mezzanine foreclosure of the 80-acre multifamily complex, as senior and junior lenders fought over who had the right to ‘drive the [foreclosure] bus’. More >>
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02 Sep 2010 16:38 GMT CalSTRS committed to Wes Edens-led Fortress’ second Credit Opportunities Fund, which is believed to be targeting $2bn. The vehicle will focus on distressed resl estate loans and securities among other things. More >>
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02 Sep 2010 13:16 GMT San Francisco-based company hires ex-JER professionals Tim Brosnan and Martina Malone for its client relations team More >>
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02 Sep 2010 10:23 GMT According to a joint study by industry specialist recruitment consultancy Sousou Partners and PERE magazine, pay packets for employees at private equity real estate firms are beginning to increase again, but are still a way off pre-credit crunch levels More >>
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01 Sep 2010 20:21 GMT The New York-based firm has joined forces with Glimcher REIT to buy the 1.2m sq. ft. retail centre from Northwestern Mutual Life investing roughly $56m of equity in the deal. More >>
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01 Sep 2010 19:57 GMT Despite trying to sell itself to third parties, the real estate investment arm of the Dutch insurance group has hired Bruno Cohen as CIO of its Paris office. More >>
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01 Sep 2010 16:01 GMT Placement agents that work with California’s public pension funds will be required to register as lobbyists, putting an end to fees based on the success of a fundraising. The bill was co-sponsored by CalPERS. More >>
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01 Sep 2010 15:24 GMT Firm strikes property deal with German retail chain Aldi and declares it plans another €200m of investment in the country by the end of the year More >>
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01 Sep 2010 14:02 GMT Andrea Carpenter joins the Asian Association for Investors in Non-listed Real Estate Vehicles for three months More >>
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01 Sep 2010 03:00 GMT The real estate equity investment arm of the US insurance group plans to invest $400m in low income housing tax credits in the next 12 to 18 months, amid plans to increase its allocation to the asset class from $2 billion to between $4 billion and $5 billion over the next two to three years. More >>
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31 Aug 2010 17:36 GMT Trustees for the mortgage bond holders insist the mezzanine debt players have to repay the $3bn senior loan before being allowed to foreclose on the 80-acre multifamily complex in Manhattan. More >>
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31 Aug 2010 16:49 GMT TPG, formerly known as the Texas Pacific Group, is making a push into real estate using its latest private equity funds – TPG Partners V and the gargantuan TPG Partners VI, which raised $18.8 billion in 2008.
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31 Aug 2010 11:44 GMT US firm exits the majority of its investment in Belgium's Immobel, which it first made in June 2007 More >>
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30 Aug 2010 22:16 GMT The New York-based real estate firm has taken over the Makena Beach and Golf Resort in a joint venture with Trinity Investments and Stanford Carr, after senior lenders foreclosed on the 1,800-acre asset last year. More >>
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30 Aug 2010 15:43 GMT Teaming up with developer Golub & Company, Praedium has bought Clover Creek from Intercontinental Real Estate and Olympic Investors for just shy of its 2004 valuation. More >>
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