The escalating credit crisis has claimed another company after Ciena Capital, the real estate lender backed by fund manager Allied Capital, filed for bankruptcy protection saying the value of its assets had ‘significantly’ deteriorated.
2 min read · 12 January 2013
The troubled German real estate lender today clarified its situation, suggesting comments by the German finance ministry had been misinterpreted.
2 min read · 12 January 2013
The Tokyo-based real estate investment firm is reportedly raising a $1bn fund to take advantage of failing residential property companies. Secured Capital CIO John Paul Toppino says current conditions are similar to the financial crisis of the late 1990s.
2 min read · 12 January 2013
The Tokyo-based real estate investment firm is reportedly raising a $1bn fund to take advantage of failing residential property companies. Secured Capital CIO John Paul Toppino says current conditions are similar to the financial crisis of the late 1990s.
2 min read · 12 January 2013
The troubled German real estate lender today clarified its situation, suggesting comments by the German finance ministry had been misinterpreted.
2 min read · 12 January 2013
Banks and private equity firms can breathe a small sigh of relief at UBS’ settlement with Tank & Rast, writes Toby Mitchenall.
3 min read · 12 January 2013
The escalating credit crisis has claimed another company after Ciena Capital, the real estate lender backed by private equity fund manager Allied Capital, filed for bankruptcy protection warning the value of its assets had ‘significantly’ deteriorated.
1 min read · 12 January 2013
The former Institutional Real Estate Letter managing director, Steve Felix, has been appointed as Aviva Investors’ head of marketing for its North America real estate multi-manager platforms.
1 min read · 12 January 2013
The German real estate and infrastructure lender announced a multi-billion euro credit facility today to shield it from disaster. It was enough, Hypo said, to cover its funding needs “well into the future”. Shares crashed 70 percent on the news.
2 min read · 12 January 2013
The German real estate and infrastructure lender announced a multi-billion euro credit facility today to shield it from disaster. It was enough, Hypo said, to cover its funding needs “well into the future”. Shares crashed 70 percent on the news.
2 min read · 12 January 2013
