Subject: Non-institutional investors (HNW)

Commercial Real Estate Direct Staff Report PC2 Capital, the investment operation launched by former Citi CMBS trader Pasquale Cardone, has had a solid early showing, generating a 14.6 percent net return for its investors since its inception. Cardone launched the Venice, ...

Citymark Capital has completed capital-raising for its second value-add apartment investment vehicle. The Cleveland investment manager, which was formed five years ago by Daniel Walsh, the former national head of KeyBank's real estate capital markets unit, raised just more than ...

Houston Business Journal Construction is underway on a 116,500-square-foot medical-office building in Houston. Healthpeak Properties Inc. is developing the five-story property at 7500 Fannin St. It already is 36 percent preleased and will include a parking garage that's being built ...

Commercial Real Estate Direct Staff Report A group led by Ray Wirta, chief executive of developer Koll Co. and former chief executive with CBRE, has launched an online auction platform designed to help investors in non-traded REITs sell their shares. ...

July 17, 2003 J.P. Morgan Chase has provided $60.5 million of fixed-rate financing for 17 Battery Place, a 440,000-square-foot office building in lower Manhattan.The financing was arranged by Singer and Bassuk Organization, which advised the property's owner, an investment group ...

The Los Angeles investor, which focuses on net-leased properties, is embarking on a portfolio expansion and rejiggering. It plans to buy up to $500 million of properties, and its appetite has broadened to include multitenant buildings.

May 8, 2003 The Virginian-PilotDominion Lands Inc., the real estate subsidiary of power company Dominion Resources Inc., sold the 250 remaining acres of undeveloped land in Bridgeway Commerce Park in Suffolk, Va., for $6.5 million. Suffolk Towers LLC, a group ...

After two years in which it has been a net seller of real estate, Broe Cos. is planning to make $450 million of opportunistic investments in San Francisco, Chicago and Denver. It has hired three executives to put its plan ...

The Tel Aviv investment firm is in the process of buying two portfolios valued at more than $100 million apiece. Those purchases would go a long way in helping the company meet its goal of increasing the size of its ...

The New York firm has put together investment capital that will provide preferred equity to property owners. It is aiming for returns in the mid-teens from its investments.