Alternative asset manager Cerberus has withdrawn from the consortium mulling a counter-bid for Equity Office in excess of $36 billion.
Private equity real estate firm JER Partners is working with Formation Capital to acquire the long-term health care portfolio Genesis Health Care.
New York private equity real estate firm Phoenix Realty Group has raised $176m for two funds focused on urban property in New York and Los Angeles.
US real estate trust Vornado has reportedly joined the consortium mulling a counter-bid for Equity Office.
As Los Angeles-based Colony Capital launches a bid to acquire casino operator Station Casinos, the gambling play is becoming a more attractive bet to private equity real estate firms. By Aaron Lovell.
TV personality Merv Griffin, producer of game show hits like Jeopardy and Wheel of Fortune, has always been a big real estate investors—now, he’s looking to get bigger.
The real estate and investment advisory business of Prudential Financial has won a beauty contest to help develop senior living communities in the UK.
According to reports, US distressed debt specialist Cerberus may look to trump Blackstone’s $36bn offer for Equity Office, the biggest buyout to date.
The alternative investment firm has bought 5,900 apartments to extend Gagfah’s position as Germany’s largest publicly quoted residential property company.
New York hedge fund Dune Capital Management and California private investment group DiNapoli Capital Partners have acquired the Hyatt Regency in San Francisco for a reported $200m.