Fundraising

The fundraising market for private equity real estate vehicles has reached record-setting levels over the past two years, creating new challenges— and opportunities—for GPs, LPs and placement agents alike.

As RLJ Development's debut lodging fund nears completion, firm co-founders Robert L. Johnson and Thomas Baltimore Jr. spoke with PERE about the value of personal relationships, mitigating risk in hotel investment and how real estate is like cable television. By Aaron Lovell

Foreign direct investment can mean many things to a country. For some reason, private equity and real estate funds conjure up especially intense feelings—and metaphors. By Aaron Lovell

Private equity and real estate investors have acquired a UK private hospital operator for £2.2 bn.

Peter Land joins Harbert Management's London office as the firm continues to pursue its diversified strategy across the continent.

Liquid Realty has acquired interests in a portfolio of UK assets for $775m, the largest secondary transaction ever in real estate.

At the 2006 INREV conference in Rome, real estate practitioners gathered to discuss the state of the European property markets and the need for corporate governance. PERE sat in on the proceedings.

Apollo Real Estate has turned a 1993 investment in property-backed bonds into a $1.3 billion New York City deal.

Los Angeles-based firm CB Richard Ellis Investors is hoping Mark Karlan has what it takes for Asian real estate.

Philadelphia-based Rubenstein Partners has closed its first real estate fund with a little help from its sister firm Lubert-Adler.