Fundraising

Crescent Hotels hopes to acquire and nurse back to health more than $1bn in ailing hotels via its debut private equity real estate vehicle.

As the sport of golf soars in popularity, private equity real estate investors are actively targeting courses and resorts around the world. By Paul Fruchbom.

THE 4 FOOD GROUPS 2006-11-01 Staff Writer <strong>RESIDENTIAL<br /> Mixed emotions greet landmark property sale</strong><br /> It all depends on your perspective.<br /> <br /> Either the acquisition last month of 110 residential buildings in downtown Manhattan represen

Wheel of real estate 2006-11-01 Staff Writer US television personality Merv Griffin has dabbled in all manner of pursuits over the years: movies, the record business, daytime and late-night television, game shows. But he has long been involved in another business line as well—real estate.<br /> <br

Influencing history 2006-11-01 Staff Writer Last month, alongside new memoirs by such well-known names as US Senator Barack Obama, <italic>The Corrections</italic> author Jonathan Franzen and humorist and travel writer Bill Bryson, another less-anticipated book hit the shelves at Barnes & Nob

When private a faded hotel in Japan, there By Alison Granito

Private equity real estate firms are looking to capitalize on Hong Kong's recovery. But as China's development continues unabated, will the mainland's economic emergence eventually threaten the city's prosperity? By Robin Marriott

The hotelier 2006-11-01 Staff Writer In early 1991, 31-year-old Barry Sternlicht was out of a job. Seven years later, he was the chief executive officer of the largest hotel company in the world. Along the way, Sternlicht not only completed one of the most dramatic comebacks in the history of the asset class

The frequent flier 2006-11-01 Staff Writer James Quille has always been a man on the move—and for good reason. The firm he currently heads, Macquarie Global Property Advisors, is one of the most active foreign players in Asia, a region that Quille himself has been investing in since the early 1990s.<br

The young gun 2006-11-01 Staff Writer Chad Pike , still in his thirties, is running Blackstone's real estate operations in Europe, making him one of the youngest stars in the asset class. Though he is often compared to two other young guns—his counterpart in the US, Jon Gray, and the co-head of Morgan Stanl