Though there are some obvious signs of distress in Dubai, there are not enough reasons to form an opportunistic investment strategy for the emirate. By Jonathan Brasse. PERE magazine, November 2009.
3 min read · 05 January 2013
The Houston-based developer and fund manager has teamed with the real estate arm of the National Bank of Abu Dhabi as it seeks to increase its exposure to the region.
1 min read · 05 January 2013
The software and technology-focused private equity firm has carved out Intuit real estate business IRES.
1 min read · 05 January 2013
California-based Colony Capital and London-based Orion Capital Managers are to buy up to €1.5bn of debt from Goldman Sachs loaned to struggling Spanish property company Colonial for €950m. The partners "stand to profit handsomely" from the deal, The Wall Street Journal said.
1 min read · 05 January 2013
The firm’s founder, Tom Barrack, has reportedly signalled his intention to take the firm public, using its REIT debut vehicle, Colony Financial, as a stepping stone.
1 min read · 05 January 2013
Colony Capital, the Los Angeles-based private equity real estate firm led by Tom Barrack, has purchased approximately $1bn in commercial mortgages from the Federal Deposit Insurance Corporation. The deal marks the first significant offload by the state-run organisation this year.
1 min read · 05 January 2013
A debt-for-equity swap has given the Connecticut-based private equity and real estate firm a substantial stake in the former New York Times headquarters.
2 min read · 05 January 2013
Barry Sternlicht’s firm has led a consortium of investors in the purchase of loans made to condominiums by the Chicago-based bank, taking advantage of an attractive financing package offered by the failed bank’s receivers.
2 min read · 05 January 2013
An HSBC-led consortium has completed the purchase of a stake in Omani power company United Power Company, committing capital from its $500m co-sponsored infrastructure fund. The $26.5m purchase is the second investment made by the fund since closing.
1 min read · 05 January 2013
Property Investors’ president and CEO Roger Orf highlighted the increased availability of cheap commercial real estate debt packages as one of three investment opportunities of tomorrow at the PERE Forum: Europe.
2 min read · 05 January 2013