James Comtois

The emerging Los Angeles-based fund manager has launched a fund targeting mixed-use properties in Southern California.

Private equity giants like Blackstone are discovering that some LPs are eager to invest in large real estate funds again, putting multi-billion dollar targets well within reach. PERE Magazine, September 2011 issue

Days after pulling out of a joint bid with Chatham Lodging Trust to buy a 64-strong hotel portfolio from bankrupt hotel REIT Innkeepers Trust USA the New York private equity firm is considering returning with a lower bid.

Citing an "adverse effect on the business," the two firms end their $1.1 billion agreement to acquire stakes in 64 Innkeepers hotels.

The Los Angeles-based real estate investment management firm has completed its purchase of ING Group’s global real estate securities business, ING Clarion Real Estate Securities. The deal forms part of its wider $940m acquisition of ING’s Real Estate Investment Management operations in Europe and Asia.

Despite numerous firms formed in the private equity real estate space over the past several years, only a handful are likely to make it and even fewer will become big players. PERE Magazine, July/August 2011 issue.

Lone Star sees its second real estate mega-fund exceed expectations as it works with its existing LPs to accommodate some delayed commitments. PERE Magazine July/August 2011 issue.

The pension plan has sold a Georgia shopping center for $76.3 million as part of a plan to shed its direct real estate holdings in favour of commingled funds.

The Denver-based hotel investor has purchased a 293-room resort for $115 million.

The New York firm has taken possession of an office building on Wall Street after buying a defaulted mezzanine loan from Prudential.