Alison Granito

The first five environmentally luxury hotel properties under the private equity real estate firm’s new “1” concept will hit markets in Seattle, Paris, California, Arizona and Florida.

A joint venture between Tishman Speyer and BlackRock Realty came out on top of the pile of bidders to acquire the 110 buildings that make-up Stuyvesant Town and Peter Cooper Village.

The deal would be the largest private transaction on record and also includes prime office buildings in Los Angeles, Washington DC and Denver.

The private equity giant has joined with Seattle-based senior-living operator Emeritus Corporation to acquire a 25-asset, assisted-living portfolio for $190m.

San Francisco-based Belveron Real Estate Partners will target interests in funds, single asset partnerships and mezzanine debt positions.

The move comes on the heels of departures of key executives from the La Jolla, California-based Pacific Corporate Group, which advises the pension system.

The partnership will allow the Texas-based real estate investor, which made its first buy outside the US earlier this year, to ramp up its European presence, and represents a move toward a more opportunistic real estate strategy for Hamburg-based HCI.

Dallas-based ClubCorp., which owns and operates resorts, sports clubs and private clubs in North America will sell its assets to KSL and the Dedman family of Texas in separate transactions valued at $1.8b.

Through its partnership with New York-based Brookfield Properties, the private equity giant has taken one of North America’s largest office landlords private and intends to expand its CarrAmerica platform on the West Coast.

Philadelphia-based value-added investor BPG Properties bought the complex in a suburb of St. Louis, Missouri and plans a $5 million overhaul.