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.
The global property investment group is fundraising on four other fronts as part of its ambition to invest €4.5bn in Europe.
Alternative investment firm Investcorp was busy over the holidays making two major property acquisitions—a regional mall near Miami and the balance of a Texas retail portfolio.
The John Hancock Tower in Boston, which was recently acquired by Broadway Real Estate Partners, has a long and colorful history, from falling windows to an in-house squadron of barbers.
Danish investment firm Sparinvest has closed its fund of funds on $640m, which will invest in property vehicles around the world.