Friends in high places 2007-11-01 Staff Writer A giant residential complex now involved in a real estate controversy was home to a far more scintillating controversy. Dolphin Square in Pimlico near the Thames River in London is a great hulking mass of a building. It was built between 1935 and 1937 by a Briti
3 min read · 12 January 2013
The principals of Chicago-based Walton Street Capital, the private equity real estate firm founded by JMB Realty head Neil Bluhm, has been investing in Mexico for more than a decade – the firm did its first property investment in the country in 1998. Walton Street's Mexico operations are headed up by Sandor Valner, who was formerly the chief executive officer of VALOR, a real estate merchant bank he founded in 2001. Prior to this, Valner had leadership roles with M&A advisor EMVA and Credit Suisse in Mexico. Walton is raising its sixth global fund, which has exposure to Mexico. In addition, the firm is raising a dedicated Latin America fund, with a target of $350 million and a majority allocation to Mexico. Between the two funds, Walton Street will have around $700 million to invest in the region, with 75 percent of the capital going to Mexico. Last year, the firm opened an office in Mexico. Valner took a few minutes to speak with PERE about the attractions of Mexican real estate.
4 min read · 12 January 2013
Sovereign wealth funds are becoming major forces in the global investment market thanks to surging oil revenues and swollen currency reserves. These national funds are set to have a big impact on private equity real estate. By Dave Keating
9 min read · 12 January 2013
PERE presents four times and places that marked changes of direction and turns of fortune for real estate investors. Three of these are looked back on with fond nostalgia by those fortunate enough to have been present and active. One remains a painful memory. By Dave Keating, Robin Marriott and Eva Poon
10 min read · 12 January 2013
Heitman started four decades ago as a mortgage origination shop. Today, the firm has $20 billion in assets around the world. PERE recently spoke with firm head Maury Tognarelli about Heitman's history, its pioneering move into Central Europe and where the company is headed next. By Aaron Lovell
8 min read · 12 January 2013
With the acquisition of Singapore-based Pangaea Capital, Howard Marks adds Asian real estate vet Robert Zulkoski to the Oaktree team. By Sharon Lim
6 min read · 12 January 2013
The US hedge fund is joining forces with a 50-year-old local firm.
4 min read · 12 January 2013
The private equity real estate division of J.E. Robert Companies intends to build a scalable platform of low-price hotels in Britain.
4 min read · 12 January 2013
The 2007 Ernst & Young Real Estate Private Equity Market Outlook painted a rosy picture of private equity real estate fundraising, but GPs who attended a breakfast meeting unveiling the results of the survey had mixed reviews on the investment climate.
2 min read · 12 January 2013
Pithy quotes from people in and outside of the real estate industry
2 min read · 12 January 2013
