The distressed loan specialist and real estate investor is buying a portfolio of German properties as Europe’s largest economy continues to recover.
A joint venture between Walton Street and Westbrook Partners has acquired The Drake Hotel, which has played host to everyone from Queen Elizabeth to Hollywood royalty.
Magic Mountain, the famed Los Angeles-area theme park, may soon be converted to a retail and residential development.
A blogger in China is taking on the powers that be, urging local Shenzhen residents to boycott the real estate market.
GI Partners, a trans-Atlantic private equity firm, has raised $1.45bn from investors including CalPERS, ATP and Abu Dhabi Investment Authority.
The infusion will fund completion of Mills Corp’s troubled Xanadu entertainment and shopping complex, which is now expected to cost $2 billion, two-thirds higher than the original projection.
The Minneapolis landmark, once a backdrop for the opening credits of The Mary Tyler Moore Show, fetched $277m in one of two large deals for high profile Twin Cities’ buildings.
The British private equity real estate firm is offloading the rights to develop a shopping center in Sweden’s capital as it continues its sales spree.
The US investor is buying an office above London’s busy Fenchurch Street station as it reaches the half way investment mark for a European fund.
As Starwood Capital looks to expand into India, it has brought Balaji Rao on board to head its operations on the Asian subcontinent.