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.
The New York family, which led the group that sold Soundview Plaza in Stamford, Conn., is looking to parlay proceeds from that sale into $60 million of new acquisitions. And it has an aggressive timeframe to complete sales.
November 6, 2002 Commercial Real Estate Direct Staff ReportUnits of American International Group Inc. have provided $210 million of financing for properties owned by funds managed by CMD Realty Investors, a private Chicago investment firm.The insurer provided a $70 million ...
October 23, 2002 Banc of America Securities has made an investment in Bridger Commercial Funding, cementing its relationship with the Mill Valley, Calif., lender.Terms of the investment were not disclosed, but Bridger will remain an independent company.Bridger provides a "bridge" ...
September 5, 2002 Jamestown, which raises funds in Germany to buy property in the United States, and Dallas-based Behringer Harvard Funds are both looking into offering opportunities for U.S. investors to buy into commercial real estate as an alternative to ...
The William Kaufman Organization, which was started in 1924, has developed a solid presence in the U.K. and plans to expand it. In addition, it's looking to build its third-party property management business in the States.
August 5, 2002 BEVERLY HILLS, Calif. – Kennedy Wilson (Nasdaq:KWIC) has agreed to sell 2,000 shares of stock in Kennedy Wilson Japan (Nasdaq Japan: symbol 4321) to Cargill International Trading Pte Ltd., a wholly owned subsidiary of Cargill Inc.Cargill, one ...
Black Equities plans to make $125 million of investments in retail and industrial properties in the coming year. The company will buy properties or provide senior and subordinate debt, on an opportunistic basis.
July 2, 2002 By Susanna Potter, Commercial Real Estate Direct Staff WriterKearny Real Estate Co. is close to selling Calabasas Courtyard, a three-building office campus in Calabasas, Calif.An unknown private investor has beat out at least eight other serious bidders ...
The subsidiary of Hypovereinsbank is said to be close to a deal to buy 799 Ninth St., a new office building in Washington that is leased primarily to the U.S. Mint.
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