The real estate investment arm of Morgan Stanley and The Witkoff Group have purchased 1107 Broadway from Lehman and plan to infuse $100 million into the property to convert it to luxury condos.
2 min read · 15 January 2013
The new fund will seek up to $500m in commitments and will provide debt financing in special situation transactions.
1 min read · 15 January 2013
The proceeds from the new fundraising will be used to buy nine operational PPP projects from John Laing, increase a stake in an existing project, and reduce the fund’s debt. The fund is also in negotiations to acquire a ‘small portfolio of third-party social infrastructure assets’.
2 min read · 15 January 2013
Providence Equity Partners has hired Tao Sun to head its China investments.
2 min read · 15 January 2013
Providence Equity Partners has hired Tao Sun to head its China investments.
2 min read · 15 January 2013
As distressed investment managers around the globe prepare for opportunities in the sinking markets, PAG has closed its first-ever distressed fund for Asian assets from distressed sellers.
2 min read · 15 January 2013
As distressed investment managers around the globe prepare for opportunities in the sinking markets, PAG has closed its first-ever distressed fund for Asian assets from distressed sellers.
2 min read · 15 January 2013
The PR-22 deal is the debut PPP from the Puerto Rico Public-Private Partnerships Authority, not to mention the first brownfield toll roll project in the US since 2006.
2 min read · 15 January 2013
Three consortia including Vinci, OHL, Cintra, Meridiam and ACS have been invited to bid for the estimated multibillion dollar ‘historic’ highway project, touted as a Peach State milestone.
2 min read · 15 January 2013
The Japanese firm has made its second investment of the year, backing China's Hisense Broadband Multimedia Technologies.
2 min read · 15 January 2013