Eva Poon
New York-based real estate investment firm GoldenTree InSite Partners has partnered with LDI - Inteligência Urbana Completa to target real estate development projects in and around São Paulo.
The New York-based private equity real estate firm is selling two Boston office buildings acquired through its Brickman Real Estate Fund II.
Boca Raton, Florida-based private equity firm Sun Capital Partners has acquired value-priced retailer Gordmans, which counts 65 stores in the Midwestern US.
The Connecticut-based investment management firm has appointed the former CBRE and GE professional as its new chief financial officer. Angerthal spent nine years with various GE units, including GE Real Estate and GE Capital Corp.
The fall-out from the collapse of investment banking giant Lehman Brothers could have long-term implications on the real estate investing marketplace, according to private equity real estate professionals, but at the moment most investors are adopting a wait-and-see attitude.
Global investment bank Houlihan Lokey has added four former JP Morgan real estate investment banking professionals to its business in a bid to expand the firm’s real estate practice. The JP Morgan team helped orchestrate the sale of 650 Madison Avenue to Carlyle and Ashkenazy.
The Boston-based firm has paid $52m for 13 industrial properties in the Golden State. The deal follows on its $118m multifamily deal in Orlando, Florida.
The private equity real estate fund managed by M3 Capital Partners will focus on development projects in the US state’s residential and commercial sectors.
A joint venture between The Carlyle Group and GFI Capital Resources Group is looking to acquire distressed residential apartment buildings in the US.
As Lehman faces bankruptcy, Eva Poon finds the bank is between a rock and a very, very hard place.