Castles in the sky 2006-09-01 Staff Writer Viewers of Sky television are probably more interested in watching Premiership football matches than anything else, but increasingly the company has been branching out.<br /> <br /> The pay-TV giant , which is one-third owned by Rupert Murdoch's News C
The horror, the horror 2006-09-01 Staff Writer The Overlook Hotel, the isolated Colorado retreat which formed the backdrop for Jack Nicholson and his family in the 1980 film version of <italic>The Shining</italic>, probably would have made a decent investment for a private equity real estate firm
The Los Angeles-based private investment group has purchased the Four Seasons Resort & Club Dallas at Las Colinas near Dallas, Texas and plans to renovate the hotel and golf courses.
Paul Taylor, who split from Vincent and Robert Tchenguiz’s property empire earlier this year to pursue his own investment firm, has beaten 3i and Terra Firma to land Four Seasons.
The Chicago-based private equity real estate firm has joined with The Preiss Company to build new off-campus student housing at the University of North Carolina, Charlotte.
Barington Capital says Lone Star Funds’ $600m offer for the Lone Star Steakhouse chain undervalues the company.
ARCH Capital, a new fund manager in Hong Kong, has linked up with Ayala Land, a Filipino property developer, to raise a new private equity real estate fund with a $200m target.
Influential shareholders opposed the buyout saying the $211m price tag undervalued the company.
The joint venture will acquire $200m in land for residential development in Illinois, Indiana, Michigan and Wisconsin.
The Chicago-based firm’s first vehicle has already invested in self-storage and student housing and will also target medical office and senior housing.