James Comtois
By buying parts of Deutsche Bank Asset Management, including RREEF Real Estate, Guggenheim Partners could quadruple in size – earning the firm a place among the industry’s all-time deals. PERE magazine, April 2012 issue
The Bahrain-based investment firm, which invests in private equity and real estate, filed for Chapter 11 bankruptcy protection with the US Bankruptcy Court for the Southern District of New York after failing to refinance a $1.1 billion credit facility.
As part of its strategy to reduce its US assets, the troubled commercial real estate finance unit of Germany’s Commerzbank is seeking bidders for a portfolio of 12 US loans. The move follows closely on the heels of a $300 million US loan portfolio sale to The Blackstone Group.
The global property investment firm has appointed John Feeney to head up the real estate debt division, a segment of the market that it believes is poised for growth.
With the commercial mortgage-backed securities market showing signs of new life, there could be good news for private equity real estate firms seeking much-needed debt capital. PERE magazine, March 2012 issue
Private equity firms have been a big part of the brokerage industry’s business for a while and, in terms of transaction volume, will continue to be a major source of business. Still, for a group that prides itself on off-market deals, brokers can provide more value than most fund managers may think. PERE magazine, February 2012.
The estate of the former Wall Street banking giant has closed on the purchase of a $1.33 billion stake in the Denver-based REIT from co-owners Bank of America and Barclays, effectively blocking out rival Equity Residential.
The estate of the former Wall Street banking giant has closed on the purchase of a $1.33 billion stake in the Denver-based REIT from co-owners Bank of America and Barclays, effectively blocking out rival Equity Residential.
The estate of the former Wall Street banking giant has closed on the purchase of a $1.33 billion stake in the Denver-based REIT from co-owners Bank of America and Barclays, effectively blocking out rival Equity Residential.
US Bankruptcy Judge James Peck has approved the estate of the former Wall Street banking giant’s right of first offer for half of Bank of America and Barclays’ shares in Archstone for roughly the same price that rival Equity Residential was offered.