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Zoe Hughes

The Washington DC-based firm has named 15 new managing directors, including Andrew Chung, Barbara Murphy and Edward Samek, alongside 20 promotions to principal/director.
The Washington DC-based firm has named 15 new managing directors including Brian Bernasek, Andrew Marino and Juan Carlos Felix, alongside 20 promotions to principal/director.
The Los Angeles-based firm has paid an estimated $165m for an office tower, retail centre and parking garage at the Atlantic Station complex, becoming the master developer of the scheme.
Investors will ‘sacrifice’ returns and diversification if they overlook China, Brazil and India. However, targeting the three countries’ real estate markets demands a longer-term investment horizon and plenty of due diligence.
PERE takes a look at the major themes that shaped the global real estate industry in 2009, as well as some encouraging indicators for the year ahead. By Zoe Hughes
Interviewed at the PERE Breakfast Club: ULI 2009, Jeffrey Barclay, managing director of ING Clarion and Ed Casal, CIO of Aviva Investors’ real estate multi-manager group, judge the risks and opportunities facing commercial real estate investors.
Thayer will buy $307m for Interstate Hotels & Resorts in a 50-50 partnership with Shanghai Jin Jiang International Hotels. IHR shareholders have yet to vote on the plans.
Barry Sternlicht, CEO of Starwood Capital, warns the US government's bailout programmes are not needed in today's markets as capital looks to the asset class in the search for yield.
US mall owner Simon Property Group has bought the outlet centre operator Prime Outlets from the private equity firm founded by David Lichtenstein for a reported $700m in cash and the assumption of debt.
The Los Angeles-based firm has raised $454m for Fund III and will target affordable homebuilding and distressed opportunities in Brazil, Peru, Mexico and Chile.

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