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Al Benaa Real Estate Investment ties up with SEF Singapore for interior fit-out projects (AME Info)

August 20th, 2008

Al Benaa Real Estate Investment PJSC, a company incorporated in Abu Dhabi,and SEF UAE Interiors LLC, a Singapore-based company incorporated in Dubai has collaborated in a joint venture agreement to seize opportunities on interior fit-out projects in the UAE. Read…

Western Reserve Partners LLC has helped the Weston Inc. real estate company in Solon form a joint venture with Blue Vista Capital Management of Chicago to buy industrial properties in South Carolina. Read…

It’s late, I’m tired and the coffee is wearing off, so I’m happy that Paul Kedrosky takes a stab at deciphering the latest quarterly report on Bay Area venture capital activity from Fenwick & West: … [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Read…

Lehman Brothers is considering the sale of all or part of its prized money management division to private equity firms to raise billions of dollars of capital and ease the pressure caused by real-estate related losses. Read…

OAK BROOK, Ill.—-The Inland Real Estate Group of Companies, Inc. today announced that the companies in the group collectively acquired approximately $1.9 billion in assets during the first half of 2008. Read…

South Carolina’s state pension managers see a chance for that $29 billion fund to profit from the real estate collapse that has affected much of the country. Read…

HOUSING BOOM TO WALL STREET CRISIS: How Real Estate and the Financial Markets Intertwined, lecture at Tax Foundation of Hawaii annual luncheon, noon at Ala Moana Hotel; Todd Lee, executive director of the Global Capital Markets Division of Morgan Stanley, will discuss macro housing issues, including subprime and the housing market’s collapse; $60. Reservations: 536-4587. Read…

Lehman is considering the sale of all or part of its prized money management division to private equity firms to raise billions of dollars of capital and ease the pressure caused by real-estate related losses. Read…

AVONDALE, AZ-PB Bell & Associates Inc. and Real Estate Capital Partners have shovels in hand to start work on the 314-unit Ashton Pointe Apartments. The $41-million project, which breaks ground this week, will be completed in second quarter 2010. Read…

Dubai, UAE, August 17 2008: Sheffield Real Estate, one of the leading Dubai-based private developers today announced awarding an AED 1.1 billion contract to build its flagship project, Marina 101, in Dubai Marina, to Tepe Akfen (TAV) Construction, part of Turkey-based construction major, TAV. Read…

N3 Capital Partners Becomes Pennybacker Capital (Business Wire via Yahoo! Finance)

August 20th, 2008

FORT WORTH, Texas—-N3 Capital Partners, LLC, a Texas-based real estate private equity firm, announced its new name today: Pennybacker Capital, LLC. Led by Tim Berry, who earlier co-founded N3 Development, Ltd., Pennybacker Capital specializes in opportunistic and value-added commercial real estate investments. Continue…

Al Benaa Real Estate Investment ties up with SEF Singapore for interior fit-out projects (AME Info)

August 20th, 2008

Al Benaa Real Estate Investment PJSC, a company incorporated in Abu Dhabi,and SEF UAE Interiors LLC, a Singapore-based company incorporated in Dubai has collaborated in a joint venture agreement to seize opportunities on interior fit-out projects in the UAE. Read…

FORT WORTH, Texas—-N3 Capital Partners, LLC, a Texas-based real estate private equity firm, announced its new name today: Pennybacker Capital, LLC. Led by Tim Berry, who earlier co-founded N3 Development, Ltd., Pennybacker Capital specializes in opportunistic and value-added commercial real estate investments. Read…

Capital & Regional said it has exchanged contracts with an investment fund managed by Apollo Real Estate Advisors for the formation of a joint venture for its German portfolio. Read…

HOUSING BOOM TO WALL STREET CRISIS: How Real Estate and the Financial Markets Intertwined, lecture at Tax Foundation of Hawaii annual luncheon, 12 p.m. at Ala Moana Hotel; Todd Lee, executive director of the Global Capital Markets Division of Morgan Stanley, will discuss macro housing issues, including subprime and the housing market’s collapse; $60. Reservations: 536-4587. Read…

Weston, Chicago firm team for purchases (Crain’s Cleveland Business)

August 20th, 2008

Western Reserve Partners LLC has helped the Weston Inc. real estate company in Solon form a joint venture with Blue Vista Capital Management of Chicago to buy industrial properties in South Carolina. Continue…

Chicago–Staffing is always an issue on multifamily properties, so the Institute of Real Estate Management (IREM) has introduced a timely solution. IREM recently launched an internship program that introduces newcomers to the field of real estate management. Continue…

Lehman is considering the sale of all or part of its prized money management division to private equity firms to raise billions of dollars of capital and ease the pressure caused by real-estate related losses. Continue…