Jack Rose, chief strategist at San Diego-based real estate consultant, Breakwater Equity Partners, says it is "really obscene" that "insurmountable" conflicts of interest exist at special servicers – often owned by private equity firms
The London-based industrial property firm has taken its asset management relationships in house, bringing the individual partners in as managing directors.
The global property services firm has appointed Goldman Sachs and Morgan Stanley to look for a private sector buyer.
Niklas Amundsson has left rival placement agent MVision to join the firm as a managing director in its Hong Kong office.
The New York-based firm ended 2014 as the largest buyer of European nonperforming loans after a run of 12-plus deals in the region, accounting for nearly 22 percent of the market.
The Dutch pension manager has agreed with Hong Kong’s TAN-EU Capital and SOCAM Development for its uncalled capital in the $400m SOTAN China Real Estate I fund to be returned after market conditions changed during the vehicle’s investment period.
The New York-based real estate placement and advisory firm has recruited a former managing director from Forbes Private Capital Group.
The two private equity firms have combined to buy UK company, Acenden Mortgage Servicing Solutions, formerly known as Capstone.
The New York-based capital advisory firm has hired the 29-year industry veteran from CBRE Global Investors, where he was CIO and chairman in Europe.
The firm, which will administer the pension system’s $5.7 billion real estate portfolio, will replace Callan Associates.