Tag:
REIT
Latest Headlines
Latest Headlines
PIMCO aims to buy more bank stakes
How's this for bullishness on banks? PIMCO has set up an investment fund to buy distressed banks. The $2.3 billion fund has already set its sights on a deal.
According to Reuters , the Federal Reserve Bank of Richmond is reviewing an application for a company run by the PIMCO Bravo Fund to
Redwood Trust leads pack in private mortgage securitization
Should we envy or pity Redwood Trust, a publicly traded REIT that has gained fame for being one of the only firms to come to private label residential mortgage backed securities transactions since the financial crisis?
The trust completed securitizations in April 2010 and in March 2011, and ho
Bill Ackman vs. Target, a bruising round to come
Who will land the knockout blow in this widely watched battle? Recall William Ackman was so enamored of Target a few years ago that he set up a single stock hedge fund to build a near 10 percent stake in the company. As Target's stock swooned, it took down Ackman's investment (as of February it's
KKR Financial exits mortgage related business
The sad fate of the Carlyle Group's listed bond fund focused attention, fairly or not, on other funds listed by top private equity firms. KKR Financial seems to be moving aggressively to exit the real estate-related business. The REIT has a deal to sell a controlling stake to Rock Capital 2, acco
ALSO NOTED: Citigroup makes investment in BATS; Man's profit strong; and much more...
Company News: > Citigroup makes investment in BATS. Article > Man's profit strong.
Real estate deals in temporary lull?
The real estate deal environment was in a frenzy until the the Blackstone Group's $39 billion buyout of
ALSO NOTED: Bank of America completes launch of mobile banking service; Morgan Stanley to buy REIT; and much more...
Company News: > Lazard expands into Latin America. Article > Eaton Vance earnings fall.
ALSO NOTED: Battle for ABN Amro heats up; Piper Jaffray buys Fiduciary Asset Management; and much more...
Company News: > Piper Jaffray buys Fiduciary Asset Management.
Did Blackstone overpay for EOP?
We've noted recently that the Blackstone group's deal for Equity Office is not going to be a snap. It has put together a
ALSO NOTED: Fidelity, Lehman link trading systems; More on Fortress offering; and much more...
Company News: > HSBC announces departures of top execs. Article > Fidelity, Lehman link trading systems.
