Zoe Hughes
The McLean, Virginia-based firm said it was ceasing its investment activities in Latin America owing to market conditions. It is working with investors to wind down the regional platform.
The McLean, Virginia-based firm is immediately closing its Latin America fund and operations.
The filing for Chapter 11 this week of Station Casinos could have a damaging impact on the public perception of the private equity real estate industry, argues Zoe Hughes
Trilyn managing director Mark Antoncic has warned limited partners to band together and be assertive when trying to preserve their investments. In some cases, this could involve replacing the GP.
After much publicity over its $5bn debt-load, the Colony Capital-backed casino operator has filed for bankruptcy protection.
The co-founder of Dune Real Estate, Daniel Neidich, takes the helm as chairman of the Real Estate Roundtable. The lobby group is currently pressing for changes governing REMICs and foreign investment in US real estate to help ease the liquidity crisis gripping the industry.
The US rental apartment sector is expected to ‘bounce’ along the bottom for another 18 months before rents start to grow and in some cases grow substantially. However some multifamily owners should consider selling now if their assets are not in prime shape and in great locations, Caldera Asset Management tells PERE.
David Hodes and Doug Weill have left the investment bank's real estate placement group to create their own firm, Hodes Weill & Associates. The pair co-founded the real estate placement agent in 2000 with Bill Thompson, who remains at Credit Suisse along with other senior management.
David Hodes and Doug Weill have left the investment bank's real estate placement group to create their own firm, Hodes Weill & Associates. The pair co-founded the real estate placement agent in 2000 with Bill Thompson, who remains at Credit Suisse along with other senior management.
The Cincinnati-based real estate investment firm secured commitments from nine investors for its fourth vehicle, PERE has learnt. The firm has also bought its first asset, a 170,000-sq. ft Target-anchored centre in Phoenix.