Real Estate Today

ad

Entries Tagged ‘Billion’

Billionaire Mori Plans Up to $1.2 Billion Property Investments

Billionaire Mori Plans Up to $ 1.2 Billion Property InvestmentsNews from Bloomberg: Japanese billionaire Akira Mori plans to buy as much as 100 billion yen ($ 1.2 billion) in properties in Tokyo, New York and London, his company’s first investment of this scale since 2008, as local real estate values recover and the yen strengthens. […]

Comments Off on Billionaire Mori Plans Up to $1.2 Billion Property Investments

Spain Limits Size of Real Estate ‘Bad Bank’ to 90 Billion Euros

Spain Limits Size of Real Estate ‘Bad Bank’ to 90 Billion EurosNews from Businessweek: Spain limited the size of its so- called bad bank to house the soured real estate assets of lenders that take state aid to 90 billion euros ($ 118.2 billion), an Economy Ministry official said. The eventual size of the vehicle, […]

Comments Off on Spain Limits Size of Real Estate ‘Bad Bank’ to 90 Billion Euros

Blackstone Venture to Sell Senior Homes for $1.7 Billion

Blackstone Venture to Sell Senior Homes for $ 1.7 BillionNews from Bloomberg: A Blackstone Group LP (BX) fund and Emeritus Corp. (ESC) agreed to sell a group of senior housing properties to HCP Inc. (HCP) for $ 1.73 billion, the largest deal for a health-care real estate investment trust this year. Blackstone Real Estate Partners […]

Comments Off on Blackstone Venture to Sell Senior Homes for $1.7 Billion

Blackstone nears $13 billion real estate fund target: sources

Blackstone nears $ 13 billion real estate fund target: sourcesNews from Chicago Tribune: June 29, 2012|Greg Roumeliotis and Ilaina Jonas | Reuters NEW YORK (Reuters) – Blackstone Group LP has raised more than $ 12 billion for its latest real estate fund, its biggest yet, putting it within reach of its $ 13 billion fundraising […]

Comments Off on Blackstone nears $13 billion real estate fund target: sources

Parent of real estate services company Realogy eyes $1 billion raise in IPO

Parent of real estate services company Realogy eyes $ 1 billion raise in IPONews from Washington Post: LOS ANGELES — The parent company of Realogy Corp., which operates franchise real estate brokerage brands such as Century 21 and Coldwell Banker, plans an initial public offering of stock that looks to raise as much as $ […]

Comments Off on Parent of real estate services company Realogy eyes $1 billion raise in IPO

SEB’s $8.3 Billion Real-Estate Fund Faces Make-or-Break Day

SEB’s $ 8.3 Billion Real-Estate Fund Faces Make-or-Break DayNews from BusinessWeek: Investors in Frankfurt-based SEB Asset Management AG’s 6.4 billion-euro ($ 8.3 billion) property mutual fund had until 1 p.m. today to decide whether to pull their money out of the fund, which will be liquidated if it’s unable to meet all demands for repayment. […]

Comments Off on SEB’s $8.3 Billion Real-Estate Fund Faces Make-or-Break Day

Cornerstone Real Estate Advisers Tops $8 Billion in Transactions, Raises More …

Cornerstone Real Estate Advisers Tops $ 8 Billion in Transactions, Raises More …News from Sacramento Bee: HARTFORD, Conn., Feb. 13, 2012 — /PRNewswire/ — Wrapping up one of its most active years ever, Cornerstone Real Estate Advisers, one of the world’s largest real estate advisory firms, today announced that it completed more than $ 8 […]

Comments Off on Cornerstone Real Estate Advisers Tops $8 Billion in Transactions, Raises More …

Blackstone’s new real estate fund passes $6 billion

Blackstone’s new real estate fund passes $ 6 billionNews from Reuters: By Ilaina Jonas NEW YORK | Tue Jan 24, 2012 8:19pm EST NEW YORK (Reuters) – Blackstone Group LP (BX.N) has raised more than $ 6 billion for a real estate opportunity fund, which eventually could match its current $ 11 billion fund, a […]

Comments Off on Blackstone’s new real estate fund passes $6 billion

Blackstone Said to Raise More Than $6 Billion for Distressed-Property Fund

Blackstone Said to Raise More Than $ 6 Billion for Distressed-Property FundNews from Bloomberg: Blackstone Group LP (BX) secured more than $ 6 billion of pledged capital for a new real estate fund that will buy mainly distressed-property assets, said two people with knowledge of the fundraising. The New York-based buyout firm plans to raise […]

Comments Off on Blackstone Said to Raise More Than $6 Billion for Distressed-Property Fund

Blackstone to Pay $1.08 Billion for Suburban Offices

Blackstone to Pay $ 1.08 Billion for Suburban OfficesNews from BusinessWeek:October 21, 2011, 1:58 PM EDT By Bei Hu and Brian Louis (Updates with comment from analyst in fourth paragraph, office vacancy rates in seventh.) Oct. 21 (Bloomberg) — Blackstone Group LP, the world’s largest private-equity firm, agreed to pay $ 1.08 billion to buy […]

Comments Off on Blackstone to Pay $1.08 Billion for Suburban Offices