Meghan Morris
The London-based firm will wind down its underperforming US arm but keep Grosvenor Americas, a separate entity.
The private equity real estate giant partnered with Ivanhoé to purchase the 80-acre property with a long history of private equity investment and lawsuits.
Former Los Angeles-based managing director Chris Chee has left the firm to start a new company redeveloping California properties.
The New York-based private equity real estate firm will be a seed investor in the new mortgage REIT.
Kevin Stahl has joined Stan Johnson Company as managing director.
The Bahrain money manager tries to recoup post-crisis losses in real estate.
Real estate contributed to Blackstone’s first quarterly loss since 2011, but executives say there is no cause for concern.
The Hong Kong-based firm made a 40 percent IRR on the sale of the Cupertino Gateway complex to Prudential Real Estate Investors.
The real estate company plans to turn four floors of retail space into creative offices.
The former Vornado chief executive officer formed a core-plus fund for repositioning New York buildings.