Fundraising | Oct 23, 2012 Westbrook Fund IX nears expected final close by Andrea Waitrovich New York City-based private equity real estate firm Westbrook Partners' latest fund, Westbrook Real Estate Fund IX, is scheduled to hold a final close on Oct. 27.
Transactions | Oct 17, 2012 Alcion sells new Four Seasons Canadian flagship hotel by Andrea Waitrovich Boston-based real estate private equity firm Alcion Ventures has completed the development of a hotel project in Toronto for Four Seasons Hotels & Resorts.
Ram Real Estate raises more than $100 million for third fund by Andrea Waitrovich Ram Real Estate has raised approximately $101 million for its Ram Realty Partners III.
Fundraising | Oct 16, 2012 PREI raises $805 million for its U.S. debt fund by Andrea Waitrovich Prudential Real Estate Investors has held an $805 million final close for its Prudential U.S. Real Estate Debt Fund.
Blackstone holds $13.3 billion close by Andrea Waitrovich The Blackstone Group has held a $13.3 billion final close for its opportunistic real estate fund, Blackstone Real Estate Partners VII.
Carroll Organization plans $200 million core-plus/value-added fund by Andrea Waitrovich Carroll Organization, an Atlanta-based owner-operator of multifamily real estate, has plans to launch Carroll-Bainbridge.
Hines holds $210 million final close by Andrea Waitrovich Hines has closed its Hines U.S. Office Value-Added Venture III with $210 million of equity.
Texas Retirement System commits $125 million by Andrea Waitrovich The $22.3 billion Employees Retirement System of Texas has committed $125 million to two real estate funds.
CalPERS agrees to buy out partner in Chicago-area mall by Andrea Waitrovich The $245.3 billion California Public Employees Retirement System (CalPERS) has agreed to take full ownership of the Chicago area's largest shopping center, Woodfield Mall in Schaumburg, Ill.
Research | Oct 10, 2012 Susan Hudson-Wilson passes away by Andrea Waitrovich Susan Hudson-Wilson, a pioneer in the commercial real estate industry, passed away on Oct. 5 at the age of 60.
Investors | Oct 10, 2012 CarVal holds $205 million final close by Andrea Waitrovich CarVal Investors has closed its CVI Real Estate Value Fund III with $205 million of equity commitments.
KTR raises $193 million for third industrial fund by Andrea Waitrovich KTR Capital Partners, an industrial-focused private equity real estate investment firm based in New York City, has raised $193 million for its value-added fund KTR Industrial Fund III.
Oaktree Capital holds $4.9 billion final close by Andrea Waitrovich Oaktree Capital Management has held a $4.9 billion final close for its distressed debt fund, Oaktree Opportunities Fund IX, exceeding its $4 billion target.
USAA Real Estate aims to raise $2 billion for government fund by Andrea Waitrovich USAA Real Estate Co., a subsidiary of USAA, a financial services company serving military families with $138 billion of assets under management, has launched the U.S. Government Building Open-End Fund.
Blackstone Group launches debt strategy fund by Andrea Waitrovich The Blackstone Group launched its latest real estate debt strategy fund, Blackstone Real Estate Debt Strategies II.
