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...Grosvenor said funds for the lending business would come from “organic growth” and “strategic sales around the periphery of the [London] estate”....
...The matchmaker for the troubled deal between the real estate firm behind the scheme M7 Real Estate and the local authority was Lee Robinson, a Monaco-based financier whose interests have become unusually...
...Among potential targets is FTX’s vast venture capital portfolio of real estate and technology companies, including a stake in artificial intelligence start-up Anthropic, which was last valued at nearly $5bn...
...Delinquencies in credit card and commercial real estate loans were on the rise, the FDIC said, and were now at the highest level in almost a decade....
...When New York Community Bank reignited concerns about US regional banks by revealing big losses from commercial real estate loans at the end of January, Steven Mnuchin spotted his chance to get back into...
...“It’s a good time for select names in Chinese real estate. It is 25, 30 per cent of [gross domestic product] and it’s not going to disappear,” said Koenigsberger....
...That is still small beer, and largely focused on real estate, private credit or buyout strategies that piggyback on existing traditional funds....
...Private office and real estate brokers Vingt Paris quote examples of €200,000 to €300,000 for a three-week stay in an exclusive fully catered and staffed apartment....
...Clutching a Dior handbag and wearing a jacket from French designer Ami, Jacky Chen, who works in real estate in Shenzhen, came to Macau to eat, relax and gamble....
...Detroit’s renaissance As so many big cities in the US stare down a real estate doom loop, Detroit’s recent success may offer some hope, The Wall Street Journal reports....
...It will also provide CVC with capital to pursue additional acquisitions in areas such as real estate and potentially help finance the acquisition of Dutch infrastructure investment firm DIF Capital Partners...
...Sharps said the company plans to further reduce expenses through “real estate optimisation” — consolidating offices into less space — rather than by eliminating more staff....
...Brooke Masters explains. Selling Mayfair: The new owner of the Sotheby’s London real estate franchise aims to disrupt the business of selling multimillion-pound homes in the city....
...Barings added that Corinthia, which was founded by former real estate executive Paul Weightman in 2022, continued to contact other employees within its private credit business in the days that followed....
...“The real value of this is in the revenue synergies,” he said. “There are so many opportunities for growth.”...
...In September last year real estate veteran Paul Weightman started hiring for a new fund manager designed, in the 62-year-old’s own words, to “redefine the private credit landscape”....
...More than 20 senior executives have defected to a brand new business set up by an Australian real estate veteran: Paul Weightman’s Corinthia Global Management....
...“This is trying to make private funds more like registered funds.”...
...real estate and hedge funds....
...But there are risks to any real estate deal. The cost is increasing the need for richer owners with access to deeper pools of capital....
...According to its annual report, the $60bn Blackstone Real Estate Income Trust generated $2.7bn in cash flows in 2023 but paid out a distribution of more than $2.8bn, resulting in the first annual shortfall...
...Weightman stepped into the private credit arena after his 2020 departure from Cromwell, the Australian real estate investment firm he founded two decades earlier, following a bitter boardroom battle....
...Warehouse owner Tritax Big Box has agreed a takeover deal for a smaller rival to create the UK’s fourth-largest listed landlord, in the latest example of consolidation among real estate investment trusts...
...real estate investor Hines....
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