Evelyn Lee
Khalif Edwards has joined the New York-based real estate investment manager’s client capital management team in a senior role and will be responsible for capital raising and new product development in the US, particularly the West Coast.
The New Jersey-based real estate investment manager plans to increase and expand its value-added real estate investments, targeting the apartment, office and retail sectors.
The Los Angeles-based fund manager expects to hold a final close on its fund, which will invest in sale-leaseback opportunities, by the first half of 2012.
Paladin will continue to make Latin America a major focus in 2012, but it also is planning to ramp up investments in the US multifamily market in the coming year.
The New York-based private equity giant will acquire a nine-loan portfolio, backed by US hotel, retail and office properties, from struggling German bank Eurohypo on behalf of the firm’s latest global real estate fund.
The New York and Toronto-based office property developer and owner has sold the 1.1 million 53 State Street office tower in Boston to Swiss bank, UBS.
The $78.6 billion pension plan will invest in a new internally managed fund of funds that will target emerging real estate markets such as Turkey and sub-Saharan Africa.
The New York-based fund manager reportedly is under contract to sell a three-building art/office complex in Manhattan to The Related Companies, after rebranding the formerly distressed asset.
The New York-based real estate manager's latest vehicle, which has a niche focus on middle-market debt investments, currently is about 50 percent invested.
The $37.7 billion pension system has approved an allocation to the New York-based private equity giant’s latest global real estate fund, which is expected to reach $6 billion in commitments by year’s end.