Anchin launches emerging manager platform for hedge, private equity, real estate and venture capital Funds
Anchin, Block & Anchin (Anchin) has launched an emerging manager platform for start-up and early-growth hedge, private equity, real estate and venture capital funds, offering a mix of traditional and non-traditional professional services across audit, tax, advisory and consulting. The platform combines the expertise of Anchin’s Financial Services, Private Equity and Real Estate Groups. The […]
Maverick Real Estate Partners Holds Initial Closing of Sixth Fund with $230 Million,
Maverick Real Estate Partners LLC held the initial closing of Maverick Lien Fund VI LP, with commitments of over $230 million from pension funds, endowments, foundations, and family offices. The Fund’s strategy is to invest in real estate credit opportunities within New York City. “New York City’s population density generates a gravitational force that attracts […]
Private Equity Has $300 Billion for Pandemic-Hit Real Estate
The private equity giant is leading cash-rich peers including Lone Star and KKR & Co. in preparing for a world beyond the pandemic as the rollout of vaccines hints at commercial properties stirring back to life. Buyout firms’ global real estate funds are now sitting on more than US$300 billion of unspent cash, according to […]
Real Estate Witnessed $4,068 Million Private Equity Investment In 2020
Out of the total private equity investment in India, the real estate sector claimed an 11 per cent share amounting to $4,068 million with 21 deals closed during the year India has attracted private equity investments of around $ 38,149 million in the year 2020. Out of the total PE investment, the real estate sector […]
Linley & Simpson and Lomond Capital have Lloyds’ backing for merger ambition
The private equity division of Lloyds Banking Group is backing the combination of two residential lettings companies to form a new national group with ambitions to grow. The merger brings together Linley & Simpson, which is focused on Yorkshire and already backed by Lloyds’ LDC division, with Lomond Capital, which owns a series of letting and estate […]
The world’s CFOs have a dire message for real-estate investors
Property investors are about to discover just how much the global fallout from the coronavirus pandemic has spread from deserted and cast-off buildings to their bottom lines. Hundreds of corporate executives tracked in earnings calls around the world in the past five months addressed the urgency to cut real-estate costs, according to an AI model […]
Alaska Permanent Fund hires Mesa West to invest $250m in real estate debt
Alaska Permanent Fund Corporation (APFC) has hired Mesa West Capital to manage a $250m (€205m) US real estate debt separate account, according to a board meeting report. It is the first time the US sovereign wealth fund has invested in Mesa West. The company is seeking to raise $1bn for commingled real estate debt fund, attracting […]
KKR sells €190m of Dutch student housing to Greystar and Xior
Private equity firm KKR has sold two student housing developments in Netherlands for €190m to global housing fund manager Greystar Real Estate Partners and Belgian company Xior Student Housing. Greystar bought a 680-unit complex in Utrecht, and Xior acquired Zernike Tower, which houses about 700 units in Groningen, according to KKR. Greystar said it paid €98.5m for the […]
