Suzanne Weinstock

GoldenTree has capitalised on the credit crisis by picking up a 50 percent stake in one of Sao Paulo's most desired addresses. PERE June 2009

The Boston-based firm finally triumphed in its pursuit of the bankrupt, members-only club in Montana after originally bidding $470m for the resort in 2008. Yellowstone has been subject to a drawn out court battle over its future.

An uptick in real estate investment activity by SWFs in 2008 may indicate a long-term investment trend, including helping to fill the debt financing void, according to a Deloitte report.

As LPs call for greater control over their investments, some are moving into less traditional strategies, including debt origination. New York State Teachers' Retirement System plans to deploy $1bn in 2009 alone. PERE Magazine May 2009 issue

After talks with Colony Capital fell through, the 50/50 investors came to an agreement with their lenders to finance the completion of City Center in Las Vegas.

The US’ second largest mall owner, burdened with $27.3bn of debt, has ‘reluctantly’ filed for Chapter 11 bankruptcy protection after unsuccessfully trying to refinance its loans out of court. The REIT has obtained $375m of DIP financing from investment firm Pershing Square to continue operations.

PERE Magazine, April 2009 issue

New York's newest Hilton Garden Inn has opened its doors, purchased by RLJ Development for a reduced price. PERE Magazine, April 2009 issue

The US government’s Term Asset-Backed Securities Loan Facility should successfully create clear market prices, but will need the participation of the private sector, according to speakers at the PREA spring conference in Washington DC.

The real estate investment firm co-founded by Sam Zell and Gary Garrabrant has purchased 20m shares of Sao Paolo-based Construtora Tenda after Equity’s portfolio company Gafisa took a 60% ownership stake last year.