Following investments in the country’s office and residential sectors, Zell’s private equity real estate vehicle has acquired a large stake in a Brazilian retailer.
Along with Saudi prince Alwaleed bin Talal, the Microsoft founder’s investment office, Cascade, has made an offer that values the Toronto-based hotel company at $3.7bn.
The fund represents the new real estate platform from Goldman alums Daniel Neidich, Steve Mnuchin and Chip Seelig.
The global real estate investment manager has bought a minority stake in the ports business of private UK property group Peel Holdings in the latest example of infrastructure luring property investors.
Paul Simmons has joined the New York-based private equity real estate firm as a partner focused on acquisitions and business development, with a particular emphasis on both the domestic market and Mexico.
The investment bank has appointed one of the biggest names in UK property to sit on a newly created advisory council to its European private equity real estate division.
The developer 2006-11-01 Staff Writer When the US real estate market collapsed in the late 1980s, many private investors, to say nothing of national governments, were caught in the headlights. Eugene Golub, however, entered the fray almost immediately: Golub & Company, a Chicago-based developer, became t
The activist 2006-11-01 Staff Writer Some LPs prefer to sit back and let private equity real estate fund managers invest their money without much oversight. Others take a more hands-on role. And a select few, like JP Morgan's Joanne Douvas, redefine what it means to be a limited partner.<br /> <br
The mentor 2006-11-01 Staff Writer Over more than 40 years, the professional career of Neil Bluhm has played out, in some respects, like a morality play in three acts. First came the rise to fame and fortune as the cofounder, along with his childhood friend Judd Malkin, of JMB Realty, one of the largest real
The pioneer 2006-11-01 Staff Writer Ira Lubert, half of the Philadelphia private equity real estate firm Lubert-Adler Real Estate Funds, has described his partner, Dean Adler, as the real estate brains behind the operation. Another fund manager told <italic>PERE</italic> that Adler stood out as “