Erik Kolb

The bank’s asset management arm is creating a new opportunistic group within Global Real Assets and has tapped Investcorp’s co-head of real estate to lead the effort.

As Blackstone winds up fundraising for its second special situations fund, the firm begins to look further down the risk spectrum for investments.

Nominations for the Global PERE Awards are starting to come in, but we need all our readers to nominate deserving candidates in as many categories as possible

The asset management unit – formed in September in the wake of Centerbridge’s acquisition of GMAC’s resort finance business – taps Mitchell of Ally Financial to help lead the firm, adds five other senior execs

The Global PERE Awards are back, and we want you to nominate deserving candidates in as many categories as possible

In its first real estate investment on behalf of Norway’s pension plan, the manager forms a £1.8 billion partnership with The Crown Estate

In seeking to maximise the value of its portfolio, the estate of Lehman Brothers has made another investment in its legacy assets – this time through its partnership with Monday Properties

A couple of key themes emerged at the recent PERE Forum in New York. Chief among them was a warning to those who just follow the herd.

The California giant has united its $1.1bn multifamily portfolio under GID, at the expense of BlackRock, which turned in a negative 12.3% return on its portfolio over five years.

Just 18 months after buying the iconic building, the two firms stand to realise jumbo returns in an otherwise profit-starved property investment market.