In a down market, third party investors help buoy a $540 million closing.
Downsizing in the publishing space has occasionally created an opening for opportunistic real estate buyers, as demonstrated by the asset sales materializing out of Tribune.
Starwood Energy Group, an affiliate of Starwood Capital, surpassed its goal for new energy infrastructure fund.
John Arens joined Liquid Realty Partners as a director, a role that will see him have both day-to-day operations and strategic planning responsibilities at the firm.
Ted Berenblum will head the firms alternative investment strategies, overseeing the expansion of its PE and real estate efforts
Industry pros anticipate that in the next round of divestitures Zell will turn his attention to company's real estate.
Thomas & Betts plans to sell its plastic pipe business, which was acquired as part of its Lamson & Sessions buy in November 2007.
An outright sale is probably not in the cards for beleaguered Australian REIT Centro Properties Group, sources said last week.
With Southern California's real estate market in decline and amid growing shareholder activism, Maguire Properties is considering a sale.