The Denver-based leisure and travel-focused firm has bought the ski resort that hosted the 1960 Winter Olympics.
2 min read · 05 January 2013
The pension fund has acquired a 45% stake in two Vornado office properties for $91m. The Canadian plan is increasingly targeting direct, core deals as it eyes major US cities.
1 min read · 05 January 2013
Hines closes another Brazil real estate account with the California Public Employees pension fund. CalPERS has invested more than $380m to target Brazil with Hines over the past five years.
2 min read · 05 January 2013
The pension system said in its quarterly report that private equity deal activity in the third quarter 'showed signs of life'.
2 min read · 05 January 2013
The value of the Canadian institutional investor's private equity fund holdings rose by more than C$4bn over a six-month period.
2 min read · 05 January 2013
Susan Barlow has left the real estate investment arm of Deutsche Bank after two years. It follows news that Chuck Leitner was stepping down as global head to lead the non-profit Greenprint Foundation.
2 min read · 05 January 2013
The fund managers have raised more than $100m each from investors to recapitalise Stockbridge’s $1bn Fund II and RREEF’s $1.6bn Global Opportunities Fund II.
3 min read · 05 January 2013
The New York-based private equity real estate firm is looking to buying a pool of distressed loans from Morgan Stanley’s balance sheet, with a face value of more than $1.1bn and backed by 30 properties in the greater Tokyo area.
2 min read · 05 January 2013
The firms will acquire the bankrupt Sea Island resort in a restructuring that will wipe away $340m of the company's debt.
2 min read · 05 January 2013
Thomas Barrack reportedly admits the timing of the US casino operator’s $5.4bn take-private in November 2007 was poor, telling Bloomberg Markets the firm was now focused on smaller, unconventional deals.
3 min read · 05 January 2013