Archive for the Category ‘Real Estate’

Mikulich, Ex-Lehman Real Estate Co-Head, Said to Join Apollo

Mikulich, Ex-Lehman Real Estate Co-Head, Said to Join Apollo

Raymond Mikulich, former co-head of real estate investments for Lehman Brothers Holdings Inc., will join Apollo Global Management LLC to run its North American property business, a person with knowledge of the matter said.

Real Estate Premium to U.S. Bonds Signal Time to Buy Property

Real Estate Premium to U.S. Bonds Signal Time to Buy Property

U.S. commercial real estate yields are near the highest level relative to Treasury bonds on record, a signal to some investors it’s time to buy property

Ireland Tries to Keep a Bank From Pulling It Under

Ireland Tries to Keep a Bank From Pulling It Under

Anglo-Irish, the midsize Irish lender whose profligacy symbolized the excesses of the real estate bubble, has put a big strain on the government’s finances.

REITs Attract Yield-Hungry Investors

REITs Attract Yield-Hungry Investors

With yields above other asset classes, real estate investment trusts are popular again. Pros tell how to spot the best REITs

Singapore Adds Measures to Cool Property Speculation

Singapore Adds Measures to Cool Property Speculation

Singapore added measures to rein in speculative property purchases after previous attempts to cool the real estate market had limited effect.

A Big Surprise: Troubled Assets Garner Rewards

A Big Surprise: Troubled Assets Garner Rewards

The program devised to purge troubled real estate assets from the financial system has generated an estimated return of 15.5 percent for taxpayers so far.

Blackstone Repays Real Estate Fees as Slide Forces Clawbacks

Blackstone Repays Real Estate Fees as Slide Forces Clawbacks

Blackstone Group LP is refunding some performance fees earned during the commercial real estate boom, the first time fund investors have clawed back cash from executives at the world’s largest private-equity company.

Old Mutual Fund Aims to Raise 5 Billion Rand in Sale

Old Mutual Fund Aims to Raise 5 Billion Rand in Sale

Old Mutual Plc, Africa’s biggest insurer, aims to raise 5 billion rand ($684 million) by selling shares in its Triangle Core Real Estate Fund, making it the second-biggest offering in South Africa in at least five years.

Square Feet: When Feng Shui Helps Determine a Deal’s Fate

Square Feet: When Feng Shui Helps Determine a Deal’s Fate

As the number of Asian buyers and lessees in New York has grown, commercial real estate brokers are quickly learning just how pervasive feng shui can be.

First Midwest Bancorp Acquires Seized Palos Bank of Illinois

First Midwest Bancorp Acquires Seized Palos Bank of Illinois

First Midwest Bancorp, a Chicago- area lender with about 100 branches, acquired a failed Illinois bank as regulators shut down U.S. financial firms amid losses stemming from real estate-linked investments.

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