The Los Angeles-based private equity real estate firm is targeting at least $500m for the vehicle.
1 min read · 05 January 2013
Colony is raising its second debt fund. Meanwhile founder Tom Barrack says no ‘meaningful’ distressed capital has yet been deployed in the industry. PERE March 2010 issue
2 min read · 05 January 2013
Apollo Commercial Real Estate Finance has invested almost two-thirds of the equity raised in its IPO on first mortgages, mezzanine loans and CMBS.
2 min read · 05 January 2013
Apollo Global Management is expanding its real estate operations into Asia, at a time when more traditional competitors are hanging on by their fingertips. The emergence of capital-rich domestic buyers, though, will keep Apollo - and other Asia-focused GPs - on its toes
2 min read · 05 January 2013
Colony Capital will become Annie Leibovitz’s sole creditor and help her market her library of photographs.
3 min read · 05 January 2013
A $209m stalking horse offer to buy 134 senior living facilities is to be recommended to bankruptcy court. The deal would also include the assumption of $945m in debt. The SEC alleged Sunwest was a “virtual Ponzi scheme” in 2009.
2 min read · 05 January 2013
Amid 5,000 pages of documents released by CalPERS, it was revealed Capmark paid Credit Suisse a one-time fee of $27m for one fund, while RLJ paid Presidio $10.6m for two vehicles, including $1.7m for CalPERS' commitments.
3 min read · 05 January 2013
The firm has agreed to buy up to 148 properties from Sunwest, which filed a pre-packaged Chapter 11 reorganisation plan in August. The SEC sued Sunwest for fraud in March after it almost devolved into a Ponzi scheme.
2 min read · 05 January 2013
Lawmakers in the UK have urged the British government to reject European proposals for wide-ranging regulation of the alternative funds universe as they currently stand, especially if there is no comparable legislation in the US.
3 min read · 05 January 2013
The Boston-based firm has held a final close on its latest vehicle, which was originally targeting $6bn.
2 min read · 05 January 2013
