Paul Fruchbom

The private equity real estate firm has sold 106 buildings that it purchased last year as part of its privatization of CarrAmerica. Arden Realty was the buyer.

Former Merrill Lynch property pro Michael Nash has joined Blackstone as a senior managing director in the firm’s real estate group.

We select 20 up-and-comers who we believe will have an impact on the future of the asset class.

Following Morgan Stanley’s acquisition of CNL Resorts and Hotels, the lodging company’s former CEO and chairman is becoming a senior advisor to the Denver-based private equity real estate firm.

The Los Angeles-based firm will acquire a 65 percent stake in the company, which owns and operates more than 3,000 service stations across Europe.

Andrea Stephen of Cadillac Fairview talks about some of her favorite emerging markets, as well as investments in her own backyard of Canada.

Gilbert, who has been the chief investment officer of the $32bn Pennsylvania State Employees’ Retirement System for the past 14 years, will take over the reins at Lehigh on July 30.

The investment bank’s property arm continues its acquisition spree with the announced takeover of Investa Properties, one of the largest REITs in Australia.

Kenny Tse, a veteran of the investment bank’s real estate research team in Asia, has joined Aetos as the head of Chinese property.

The announced acquisition of the Englewood, Colorado company, the second largest publicly traded apartment owner in the US, would be one of the largest REIT privatizations in history.