Suzanne Weinstock

The US Federal Reserve has extended the Term Asset-Backed Securities Loan Facility to CMBS issued before 2009 in an effort to kick start real estate credit markets.

The Occasio Distressed Residential Fund will target 20% returns by quickly turning over foreclosed residential properties bought without leverage.

The Boston-based firm finally triumphed in its pursuit of the bankrupt, members-only club in Montana after originally bidding $470m for the resort in 2008. Yellowstone has been subject to a drawn out court battle over its future.

The Washington DC-based firm has completed the sale of a London office building after commercial real estate investment firm Menolly Investments dropped its lawsuit challenging Carlyle’s completion of the office building’s refurbishment.

The Washington DC-based firm has replaced a rehab loan with 75% loan-to-cost financing to provide funds while stabilising the office building at 1110 Vermont Avenue.

Whitehall Street's 2007 real estate fund saw its equity wiped out on a number of boom era investments, according to The Wall Street Journal.

The Los Angeles-based real estate investment firm has hired Richard Bosworth, who has a background managing non-performing hotel and casino loans, to oversee its hospitality investments.

More than 60% of loans coming due in the next decade probably won’t qualify for refinancing and at least $50bn of default-related losses are expected, according to Deutsche Bank.

The $200bn sovereign wealth fund is shifting around its senior investment officers as it reorganises its investment departments.

An uptick in real estate investment activity by SWFs in 2008 may indicate a long-term investment trend, including helping to fill the debt financing void, according to a Deloitte report.