Private Equity News Monitoring

Compass denies private-equity takeover talks

Robert F. Smith (left) and Robert Reffkin (Credit: Vista Equity Partners, Compass) After a report Wednesday that Compass was being eyed for a takeover by a private equity firm, the brokerage denied having been approached about that possibility. “Compass …

Actis, Mahindra Lifespaces ink joint venture for industrial, logistics realty across India

Actis, leading global investor in sustainable infrastructure and the real estate and infrastructure development arm of the Mahindra Group, Mahindra Lifespace Developers have entered into an agreement to set up a joint platform for developing industrial and …

Private equity veteran Bryan Cressey and his wife paid $20M for the Trump Tower penthouse

Chicago private-equity veteran Bryan Cressey and his wife, plastic surgeon Iliana Sweis, have been identified as the buyers who paid $20 million in March for the five-bedroom, 14,260-square-foot full-floor penthouse on the 89th floor of Chicago’s Trump …

Three Steps To Building A Winning Real Estate Investment Portfolio

Ethan Lu, partner at Phoenix Strategy Group, is a data scientist and tech investor. getty Having managed over $1 billion worth of real estate in the U.S. for a family office and many other real estate investors for the past decade, I've seen how you …

Sales spike settles for Bartoline after lockdown home improvement rush

Decorating sundries business Bartoline saw sales fall back 10 per cent in the year it was acquired from the founding family. Private equity firm Endless swooped for the Beverley manufacturer in March 2021, with the company having recorded a turnover of £24 …

European Real Estate’s Decade-Long Party Is Coming to an End

(Bloomberg) -- Deutsche Bank AG’s gleaming new London headquarters was a sought-after asset in February, attracting bids of close to £1 billion ($1.1 billion), but then came Russia’s war in Ukraine. The invasion caused energy and food prices to skyrocket, …

Private equity-backed Breitling CEO eyes deals after turnaround

In the five years since CVC Capital Partners bought control of Breitling, the company has more than quadrupled its equity value and is on the cusp of re-joining the Top 10 Swiss brands of luxury watches. Now Georges Kern, who gave up a top job at luxury …

Addlestone mum redesigns home and sets up nursery in living room due to rising costs

A mum from Addlestone has set up her own "micro nursery" in an effort to help make up the shortfall in early years settings. Mandy Birring left her previous career in property and private equity to retrain in childcare to open her home to young …

Five real estate trends and opportunities in Africa

The Wings office building in Lagos, Nigeria. Work-from-home has not replaced the office; corporate accommodation presents attractive potential; and industrial real estate continues to outperform. These are some of the property trends and opportunities on …

Two jump ship from Blue Heron, launch new real estate-focused private equity firm in Raleigh

King & Spalding hires M&A and private equity partner

King & Spalding has recruited Amit Kataria as a partner in the firm’s corporate, finance & investments practice group. Kataria is based in the London office and will also spend significant time in the New York office. Kataria has extensive …

Republicans advocate for retirement investments in private equity, crypto

Republican lawmakers who floated legislation last week that would encourage retirement savings investments in private equity and digital currency hope the measure will be included in an economic bill in a lame-duck session of Congress, but the lack of …

PRINCIPAL REAL ESTATE INCOME FUND DECLARES MONTHLY DISTRIBUTIONS OF $0.105 PER SHARE

DENVER, Oct. 3, 2022 /PRNewswire/ -- Principal Real Estate Income Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol "PGZ," announced the declaration of monthly distributions of $0.105 per common …

Private Capital and Valuations Driving Commercial Real Estate M&A Activity

Rising interest rates haven’t derailed a steady pipeline of merger and acquisition (M&A) activity in commercial real estate—at least not yet. The real estate sector has seen a number of mega-mergers announced this year. The biggest deal to date is …

KKR & Co. Inc. (NYSE:KKR) Shares Purchased by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. lifted its position in KKR & Co. Inc. (NYSE:KKR – Get Rating) by 850.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,474 …

Young Versus Old Will Define Fight Over Public Pensions

Comment on this story Comment The firestorm among UK pension funds is a wake-up call for their peers across the Atlantic. The end of an era of cheap money is exposing an industry that’s chronically underfunded and overexposed to market turbulence.Imagine a …

How Could So Much Pension Leverage in the UK Lurk Unseen?

Comment on this story Comment We might never have known about the full extent of the leverage hiding in British corporate pensions were it not for the crisis that followed last month’s much-pilloried “mini” budget proposed by UK Chancellor of the Exchequer …

Show Me the Money: Real estate investors

(WHTM) — Buying a home can be tough. For a long time, it was a seller’s market with demand for homes high and not enough supply. That’s starting to ease up, but now there is another obstacle. If you’re looking to buy a home, you may have some competition, …

VC firm Juxtapose is taking a page out of the private-equity playbook by buying up companies, but with a twist — it's ...

The venture studio Juxtapose is launching a new, private-equity-inspired strategy to build startups. The firm will roll up individual businesses in traditional industries, starting with HVAC repair. Juxtapose, which raised a $300 million fund in 2021, has …

LINNE Industries Celebrates Autumnal Equinox with New “Doing Good” Calculator on PondHawk.com

NEWARK, DELAWARE, USA, October 6, 2022 /⁨EINPresswire.com⁩/ -- The calculator aggregates the energy savings from every PondHawk customer-owned system and translates it into something we all can understand and our clients love. LINNE Industries, …

The Texas Gold Rush: How An Antiques Fair, Pandemic, and Technology has Fueled a Land Grab in Texas

HOUSTON, TEXAS, UNITED STATES, October 6, 2022 /⁨EINPresswire.com⁩/ -- It wasn’t that long ago that some of Texas’ most quaint country towns were sleepy communities. Boasting more cattle and critters than folks. Fast forward and Round Top, Brenham, …

Stobox launches STO for Income Producing Properties

Stobox, a full-scale tokenization provider, is launching STO for Cash Flow Coin. NEW YORK, US, October 6, 2022 /⁨EINPresswire.com⁩/ -- The firm was launched by experienced entrepreneusr in real estate investment, who have been offering respective …

Sales of Paints and Coatings are Projected to Reach Value of US$ 239 Bn by 2031|Akzo Nobel, BASF, Hempel, DAW and more

Paints and Coatings Market 2022 Industry Trends, Sales, Supply, Demand, Analysis & Forecast to 2031 NEW YORK, NEW YORK, UNITED STATES, October 6, 2022 /⁨EINPresswire.com⁩/ -- Paints and Coatings Market 2022 The global "Paints and …

Work from Home with Clientron Thin Client TC238-JL

Clientron TC238-JL is the best choice to empower the flexibility of your workplace everywhere. NEW TAIPEI CITY, TAIWAN, TAIWAN, October 6, 2022 /⁨EINPresswire.com⁩/ -- Clientron introduces the latest all-in-one thin client, the TC238-JL, featuring …

What is the role of a Buyers Agent in Sydney - Tips from DDP Property

Buyers Agents are increasing in popularity. How do you pick one from the crowd? The importance of fixed fee vs commission remunerated buyers agents. AUSTRALIA, October 6, 2022 /⁨EINPresswire.com⁩/ -- Sydney is one of the hottest real estate …

Hoff & Mazor Announces Launch of Operations in New York

NEW YORK CITY, NEW YORK, UNITED STATES, October 6, 2022 /⁨EINPresswire.com⁩/ -- Hoff & Mazor announces the launch of operations in the Big Apple. The launch is part of the expansion meant to garner international attention. Hoff & Mazor is a …

Armada Hoffler Increases Capacity of Its Unsecured Credit Facility to $550 Million and Extends Maturity Date to 2027 & ...

VIRGINIA BEACH, Va., Oct. 06, 2022 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) today announced that it has amended and restated its existing $355 million unsecured credit facility, increasing the capacity to $550 million. The credit facility is …

Severe Storms Have Decimated Many Mississippi Homes and Properties by Flooding, Yet only 3% have Flood Insurance

Why don't more homeowners in high-risk flood zones have flood insurance? One Mississippi Insurance Agent believes he knows why. MISSISSIPPI, USA, October 5, 2022 /⁨EINPresswire.com⁩/ -- Flood Insurance has been a mess in Mississippi for quite …

New Property Wealth Services Digital Platform Announced in Dubai

RealBex will connect existing and aspiring property owners and tenants to valuable and personalised property services DUBAI, DUBAI, UNITED ARAB EMIRATES, October 5, 2022 /⁨EINPresswire.com⁩/ -- Dubai, 5 October 2022 – Realbk Technologies, a DIFC …

Palm Springs Cannabis Dispensary Brings LA Style Luxury To The Desert

SAN DIEGO, CALIFORNIA, US, October 5, 2022 /⁨EINPresswire.com⁩/ -- The year 2022 has proven to be a difficult year for many markets and industries all over the world. One of the industries that took a toll and are considered to be in a depressed …

NEXA SELECTS LENDINGPAD AS LOS OF CHOICE

MCLEAN, VIRGINIA, UNITED STATES, October 5, 2022 /⁨EINPresswire.com⁩/ -- LendingPad is partnering with the largest mortgage broker company in the country, NEXA Mortgage. With a joint mission of providing technology for a new age to the community, …

NAI Legacy Closes on $1.4M Sale of Industrial Site

± 4,000 SF Industrial Shop & Yard BLOOMINGTON, MN, USA, October 5, 2022 /⁨EINPresswire.com⁩/ -- NAI Legacy, a member of the world’s premier managed network of commercial real estate firms, announced that they helped navigate the purchase of $1 …

Common Bond Hotel Collection Hosts Preview Event in Bardstown, Debuting the Newly Minted Bardstown Motor Lodge

BARDSTOWN, KENTUCKY, UNITED STATES, October 5, 2022 /⁨EINPresswire.com⁩/ -- Common Bond Hotel Collection, a subsidiary of Louisville-based developer Weyland Ventures, hosted an intimate gathering of friends and tastemakers this past Thursday at the …

Insurers Double-cross Policyholders' Hurricane Property Damage Insurance Claims

Hurricane damage to your home or business should be reported immediately. Don't give the insurance adjuster an excuse to deny, delay, or underpay your claim. HOUSTON, TEXAS, USA, October 5, 2022 /⁨EINPresswire.com⁩/ -- Recently, Hurricane Ian …

Special-Lite® Welcomes Alex Staebell as New Business Development Manager to Focus on Further Expansion

DECATUR, MI, UNITED STATES, October 5, 2022 /⁨EINPresswire.com⁩/ -- Special-Lite, Inc., the industry leader in manufacturing custom commercial doors and frames, is pleased to announce and welcome Alex Staebell as its business development manager. …

What is homeowners’ insurance and what does it cover?

This State Farm® Simple Insights® article about homeowners’ insurance is provided by State Farm agent Kevin Kane, ChFC® 858-514-0358. SAN DIEGO, CALIFORNIA, UNITED STATES, October 5, 2022 /⁨EINPresswire.com⁩/ -- After investing in your home it…

Maple Leaf Green World Inc. Announces Investment in REIT with a Luxury Mini Home Builder in Cayman Islands

The Company continues to advance its diversification strategy by creating strategic investments that create new revenue source for the Company. Maple Leaf Green World Inc. (CSE:MGW) CALGARY, AB, CANADA, October 5, 2022 /⁨EINPresswire.com⁩/ -- …

Scott Wicks joins VelocitySBA as Midwest Regional Sales Manager

LOS ANGELES, CA, USA, October 5, 2022 /⁨EINPresswire.com⁩/ -- VelocitySBA, a nationwide SBA lender, is pleased to announce the addition of Regional Sales Manager Scott Wicks, who will spearhead the creation of a new Midwest region based in Chicago, …

LGI Homes Reports September and Third Quarter Home Closings and Announces Date for Third Quarter Earnings Conference ...

THE WOODLANDS, Texas, Oct. 05, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 574 homes in September 2022, resulting in a total of 1,547 homes closed during the third quarter of 2022. As of September 30, 2022, the Company …