Two of the largest private real estate transactions on record were announced last month.
In the latest sign of the asset class' development, a new secondaries firm targeting private equity real estate partnerships has launched.
Crescent Hotels hopes to acquire and nurse back to health more than $1bn in ailing hotels via its debut private equity real estate vehicle.
As the sport of golf soars in popularity, private equity real estate investors are actively targeting courses and resorts around the world. By Paul Fruchbom.
THE 4 FOOD GROUPS 2006-11-01 Staff Writer <strong>RESIDENTIAL<br /> Mixed emotions greet landmark property sale</strong><br /> It all depends on your perspective.<br /> <br /> Either the acquisition last month of 110 residential buildings in downtown Manhattan represen
Wheel of real estate 2006-11-01 Staff Writer US television personality Merv Griffin has dabbled in all manner of pursuits over the years: movies, the record business, daytime and late-night television, game shows. But he has long been involved in another business line as well—real estate.<br /> <br
Influencing history 2006-11-01 Staff Writer Last month, alongside new memoirs by such well-known names as US Senator Barack Obama, <italic>The Corrections</italic> author Jonathan Franzen and humorist and travel writer Bill Bryson, another less-anticipated book hit the shelves at Barnes & Nob
When private a faded hotel in Japan, there By Alison Granito
Private equity real estate firms are looking to capitalize on Hong Kong's recovery. But as China's development continues unabated, will the mainland's economic emergence eventually threaten the city's prosperity? By Robin Marriott
The hotelier 2006-11-01 Staff Writer In early 1991, 31-year-old Barry Sternlicht was out of a job. Seven years later, he was the chief executive officer of the largest hotel company in the world. Along the way, Sternlicht not only completed one of the most dramatic comebacks in the history of the asset class