The New York-based private equity real estate firm has teamed up with Aimbridge Hospitality and JF Capital Advisors in the acquisition of Eagle Hospitality.
The private equity firm is committing $100m to a joint venture with Williamsburg, Virginia-based hotel REIT MHI.
Intermediate Capital has closed its fourth mezzanine fund with €2.25 billion of firepower - the biggest ever raised in Europe. The fund will invest in mezzanine and senior debt, and could also be used for equity co-investments.
After surving World War II and a number of raves, a former electrical plant in Berlin has been turned into offices.
Kohlberg Kravis Roberts has struck a knockout blow in the battle for UK health and beauty chain Alliance Boots this morning, after sweetening its bid to £11bn and increasing the stake it controls to about 25 percent.
Whitehall Street Real Estate Funds, the property investment arm of investment bank Goldman Sachs, is acquiring a four-casino portfolio from Carl Icahn’s American Real Estate Partners for $1.3bn.
JER Partners is acquiring upscale lodging REIT Highland Hospitality in a $2bn deal.
The Wall Street bank’s real estate arm is reportedly buying 10 European hotels as it ramps up exposure to the global hospitality sector.
The listed Paris-based private equity group has wrapped up €500m in commitments for its first vehicle for third-party investors.
Private equity real estate firm JER Partners and Formation Capital are increasing their bid for the long-term health care company to $1.7bn.