Unusual deal keeps some rents lower
NEW YORK - Stuyvesant Town-Peter Cooper Village, the largest apartment complex in Manhattan, is expected to be sold for more than $5.3 billion, an agreement that will preserve nearly half the...
View ArticleARA Newmark Announces the Sale of The Glen at Lauderhill in Lauderhill, FL...
(Source: Newmark & Company Real Estate Inc) Press Releases SHARE: ARA Newmark Announces the Sale of The Glen at Lauderhill in Lauderhill, FL Boca Raton, FL (09/28/2015) 10:30 AM ARA, A Newmark...
View ArticleStarwood Capital Group To Purchase National Multifamily Portfolio For $5.365B...
GREENWICH, Conn., Oct. 26, 2015 /PRNewswire/ -- Starwood Capital Group, a leading global private investment firm, announced today that Starwood Global Opportunity Fund X (SOF X), through a controlled...
View ArticleStarwood Capital Group To Purchase National Multifamily Portfolio For $5.365B...
GREENWICH, Conn., Oct. 26, 2015 /PRNewswire/ -- Starwood Capital Group, a leading global private investment firm, announced today that Starwood Global Opportunity Fund X (SOF X), through a controlled...
View ArticleBlackstone to Acquire MB Aerospace (The Blackstone Group LP)
(Source: The Blackstone Group LP) New York, New York, October 26th 2015. Blackstone (NYSE:BX) and MB Aerospace ('MBAe') announced today that private equity funds managed by Blackstone have agreed to...
View ArticleOctober 26, 2015 - David Hunter Appointed as Senior Adviser for European Real...
(Source: HIG Capital Management Inc) H.I.G. Capital News David Hunter Appointed as Senior Adviser for European Real Estate by H.I.G. Capital LONDON - October 26, 2015 - H.I.G. Capital, LLC ('H.I.G.'),...
View ArticleBlackstone to Acquire MB Aerospace
NEW YORK--(BUSINESS WIRE)-- Blackstone (BX) and MB Aerospace (“MBAe”) announced today that private equity funds managed by Blackstone have agreed to acquire MBAe, a leading Tier I engine component...
View ArticleBlackstone cashes up to buy into global opportunities
Global private equity investor Blackstone is cashed up, very keen on real estate and no deal is too big, the group's chief executive and chairman, Stephen A. Schwarzman, says. At the third-quarter...
View ArticleAlternative Investment Funds Get a Second Bite at Prime Manhattan Real Estate
Is this d�j� vu all over again? Nine years after the disastrous purchase of the landmark Manhattan rent-regulated apartment complex Stuyvesant Town - Peter Cooper Village by alt-investment funds...
View ArticlePeter Stafford: Private investment in rental market will solve housing crisis
According to estate agents Sherry FitzGerald, one-third of houses sales in 2015 have been by investors selling residential investment property. A further 12 per cent of sales follow bank repossessions...
View ArticleAdmiral Capital Completes Successful Sale of 119,484 Square-Foot Office...
NEW YORK, Oct. 23, 2015 /PRNewswire/ -- On October 15, 2015, Admiral Capital Group ("Admiral") announced the successful sale of 1700 East Walnut, a 119,484 SF, 99% leased office building located in El...
View ArticleStarwood Capital Group, Milestone Apartments REIT Agree To Acquire Landmark...
GREENWICH, Conn., Oct. 22, 2015 /PRNewswire/ -- Starwood Capital Group, a leading global private investment firm, and Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) announced today...
View ArticleBlackstone Has $15.8 Billion Final Close for Latest Global Real Estate Fund
NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE:BX) today announced the final close of its latest global real estate fund, Blackstone Real Estate Partners VIII (“BREP VIII”), at $15.8 billion. Blackstone...
View ArticleMorgan Stanley Alternative Investment Partners Raises Over $1 Billion for...
(Source: Morgan Stanley) New York - Morgan Stanley Alternative Investment Partners (AIP) has raised over $1 billion in commitments for Private Markets Fund VI (PMF VI). The fund's strategy is to...
View ArticleAres Management Real Estate Fund Acquires Kustermann Park Office Complex in...
(Source: Ares Management LP) LOS ANGELES & LONDON--(BUSINESS WIRE)-- Ares Management, L.P. (NYSE:ARES) announced today that real estate funds it manages has signed a definitive agreement to acquire...
View ArticleVestar And AEW Form Joint Venture To Acquire Tempe Marketplace AEW replaces...
TEMPE, Ariz., Oct. 6, 2015 /PRNewswire/ -- Vestar, one of the largest privately held retail real estate companies in the western United States, and AEW Capital Management (AEW) have partnered to...
View ArticleMayor, Local Elected Officials and Tenant Leaders Announce 20-Year Agreement...
(Source: City of New York, NY) October 20, 2015 Mayor Bill de Blasio: Thank you. My friends, this is a great day for New York City. This is a great victory for tenants everywhere, and it's a great,...
View ArticleWhat the Big End knows about housing that mums and dads don't
A letter to the editor of the Economist magazine asks a fair question: Why would institutional investors want to get into the residential property business? Institutional investors in the UK constitute...
View ArticleUS, Canadian investment firms snap up entire NYC neighborhood
US investment firm Blackstone and Canada's Ivanhoe Cambridge have purchased an entire Manhattan neighborhood for $5.3 billion, after agreeing hold down rents on several...
View ArticlePimco Alternative Funds Flourish as 30-Year Bond Rally Fades
Inside Pacific Investment Management Co., the bond behemoth that lost two chief investment officers last year and saw almost $500 billion of client money leave, a hidden profit engine is easing some of...
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