Zoe Hughes
Casino operator Penn National will receive $225m in cash and $1.25bn in preferred shares after the Fortress- and Centerbridge-led deal was terminated. Penn said a ‘re-negotiated, reduced purchase price was not a viable option.’
The McLean, Virginia-based firm closes 12 debt deals through its US Debt Co-Investment fund, a joint venture between its private equity real estate arm, JER Partners, and its REIT, JER Investors Trust.
The McLean, Virginia-based firm closes 12 debt deals through its US Debt Co-Investment fund, a joint venture between its private equity real estate arm, JER Partners, and its REIT, JER Investors Trust.
Starwood Land Ventures, an affiliate of the private equity real estate firm Starwood Capital Group, is set to take advantage of the credit squeeze by targeting residential land deals, developments and homebuilders in Houston.
Starwood Land Ventures, an affiliate of the private equity real estate firm Starwood Capital Group, is set to take advantage of the credit squeeze by targeting residential land deals, developments and homebuilders in Houston.
The private equity real estate firm headed by Barry Sternlicht calls for greater personal responsibility towards the environment as he announces a $200m deal to develop a luxury sustainable condo-hotel on the Pacific coast.
The private equity real estate firm headed by Barry Sternlicht calls for greater personal responsibility towards the environment as he announces a $200m deal to develop a luxury sustainable condo-hotel on the Pacific coast.
The private equity real estate firm headed by Barry Sternlicht calls for greater personal responsibility towards the environment as he announces a $200m deal to develop a luxury sustainable condo-hotel on the Pacific coast.
Since last summer, equity sponsors and their investors have renewed their emphasis on emerging markets with vigor.
Since last summer, equity sponsors and their investors have renewed their emphasis on emerging markets with vigor.