The US government has selected nine private investment firms, including Oaktree, Invesco and Angelo Gordon, to help take real estate loan-backed securities off banks’ balance sheets.
2 min read · 08 February 2013
The business development company, which has seen its share price slide 37% from its 52-week high, will use the proceeds of the capital raise for investments and to maintain liquidity.
2 min read · 08 February 2013
DesertXpress, a privately financed initiative to link Nevada and California via a high speed rail line, has gained new momentum after the two states agreed to extend California’s high speed rail corridor to Las Vegas. The extension is expected to cost between $3.5bn and $4bn.
3 min read · 08 February 2013
Capman has acquired a seven-storey building from Germany’s IVG Immobilien as it continues to invest Capman Real Estate Fund I, which targets properties in and around Helsinki.
1 min read · 08 February 2013
The roofing business – now owned by Apollo, TowerBrook and York Capital – has rid itself of more than €1bn in debt.
2 min read · 08 February 2013
Macquarie Infrastructure Group will no longer enhance dividends with ‘surplus funds’ from debt refinancings.
2 min read · 08 February 2013
The legislative landscape for public-private partnerships in America is changing fast. Cezary Podkul reports.
6 min read · 08 February 2013
Morgan Stanley’s $1.15bn lease of Chicago’s on-street parking meters has provoked anger, vandalism and legislation. Cezary Podkul takes a look at what went wrong and what it means for the market.
8 min read · 08 February 2013
The Sydney-based property company has formed a joint venture with Bank of Scotland lasting three years as part of efforts to put its financial future on a more secure footing.
2 min read · 08 February 2013
Instead of an IPO, many GPs this year are facing a restructure. Everton Robertson offers them the advice of an offshore counsel.
4 min read · 08 February 2013
