Renshaw Bay launches real estate debt fund

http://www.efinancialnews.com/story/2012-08-22/renshaw-bay-has-made-its-debut-in-real-estate-debt?ea9c8a2de0ee111045601ab04d673622

Renshaw Bay launches real estate debt fund
Mike Foster
22 Aug 2012

Renshaw Bay, the investment boutique led by former JP Morgan banker Bill Winters, has launched its first fund, offering investors the opportunity to invest in real estate debt.

Yelp Occupies 140 New Montgomery

http://news.theregistrysf.com/yelp-occupies-140-new-montgomery/

Yelp Occupies 140 New Montgomery
POSTED ON AUGUST 19, 2013 BY PUBLISHER IN AEC, COMMERCIAL, INDUSTRY NEWS

By Sharon Simonson

Business-review Web site Yelp Inc. has optioned an additional three floors totaling approximately 36,000 square feet at 140 New Montgomery St. in San Francisco.

Sneak peek: Yelp's new San Francisco HQ set to open

http://www.bizjournals.com/sanfrancisco/blog/2013/08/sneak-peak-yelp-new-san-francisco-hq.html

Aug 19, 2013, 2:58pm PDT
Sneak peek: Yelp's new San Francisco HQ set to open

J.K. Dineen
Reporter-
San Francisco Business Times

You can say this about the historic Pacific Telephone tower at 140 New Montgomery: they are going to love it on Yelp.

INVESTMENT FLOWS INTO EUROPEAN RETAIL ARE 43% HIGHER IN H1 2013

14 August 2013
INVESTMENT FLOWS INTO EUROPEAN RETAIL ARE 43% HIGHER IN H1 2013

Half year investment volumes, at €14 billion, are up by 43% from the €9.8 billion recorded in the first half of 2012. Increased transaction volume is being driven primarily by the increased availability of stock on the market, which is helping to satisfy the latent investor demand for European retail assets. Whilst the traditional powerhouse markets of the UK, France and in particular Germany, continue to see healthy investment activity, investors are broadening their horizons across Europe. Sweden, Poland, Italy, Portugal, Slovenia and Austria, as well as Russia and Turkey, all had active quarters. As investor interest and activity is certainly more widespread than in previous years it is believed that it should sustain volumes over the second half which is traditionally busier than the first.

Source: Weight of Money trumps prospects of monetary tightening, JLL Q2 2013

http://www.pradera.com/retail-news/investment-flows-into-european-retail-are-43-highe

Irish investors sell Marks & Spencer's London HQ for €240m to Asian property syndicate

Irish investors sell Marks & Spencer's London HQ for €240m to Asian property syndicate
TOM LYONS – 11 AUGUST 2013

INVESTORS in D2 Private, including David Arnold, the father of actress Leigh Arnold, are close to bagging a significant profit by selling Marks & Spencer's headquarters in London for €240m.

http://www.independent.ie/business/irish/irish-investors-sell-marks-spencers-london-hq-for-240m-to-asian-property-syndicate-29489855.html

Investment in European industrial property returns to pre-crisis levels

August 6, 2013 5:30 pm
Investment in European industrial property returns to pre-crisis levels
By Ed Hammond, Property Correspondent

Spending on European industrial property has returned to pre-financial crisis levels as a range of international investors vie for warehouses, logistics hubs and small factories, underscoring the improving sentiment over the continent’s economy.

http://www.ft.com/cms/s/0/b98e961e-feac-11e2-b9b0-00144feabdc0.html#ixzz2bKSoAgD6

Goldman to Axa Ride London’s Crossrail Office Boom

Goldman to Axa Ride London’s Crossrail Office Boom
By Neil Callanan & Patrick Gower - Aug 6, 2013

London’s high-speed rail project is helping to drive an office-building boom on the City of London’s western edge as investors rejuvenate aging sites like Smithfield Market near future transport hubs.

http://www.bloomberg.com/news/2013-08-05/goldman-to-axa-ride-london-s-crossrail-office-boom-real-estate.html

Finance, Bill Gross

Inflation and deflation in this levered world coexist nearly side-by-side.

- Bill Gross (1944- )

Starwood Capital Group Purchases Liberty Center in Pittsburgh

Starwood Capital Group Purchases Liberty Center in Pittsburgh
Transaction includes Federated Tower and the Westin Pittsburgh

GREENWICH, Conn., Aug. 2, 2013 /PRNewswire/ -- Starwood Capital Group, a leading global private investment firm focused on real estate, announced today that an entity controlled by Starwood Distressed Opportunity Fund IX has acquired Liberty Center, a prominent mixed-use office and hotel asset located in downtown Pittsburgh's "Golden Triangle." The property was acquired from a partnership that included Forest City Enterprises, Inc. and Jos. L. Muscarelle, Inc., for a gross selling price of $135 million.

http://www.prnewswire.com/news-releases/starwood-capital-group-purchases-liberty-center-in-pittsburgh-218083091.html

A Simple Solution for America's Looming Commercial Debt Crisis

A Simple Solution for America's Looming Commercial Debt Crisis
By JASON GOLD
August 1, 2013

As the housing sector continues its apparent recovery, some U.S. lawmakers are turning their attention to a looming crisis in the commercial real estate market, which is threatened by an avalanche of debt as loans made during the heady days of the early aughts start coming due over the next five years.

http://www.usnews.com/opinion/blogs/economic-intelligence/2013/08/01/a-simple-solution-for-americas-looming-commercial-debt-crisis