Sentences with phrase «equity commitments»

The proceeds will be used to repay up to $ 2.15 billion in equity commitments from Brookfield, Fairholme and Pershing Square, as well as for general corporate purposes.

What should be particularly heartening for other borrowers facing upcoming debt maturities is the fact that General Growth was able to secure $ 6.8 billion in equity commitments from Brookfield Asset Management, Fairholme Capital Management LLC and Pershing Square Capital Management LP, says Macke.

With equity commitments of $ 145 million combined with leverage, HRUPP will have the ability to acquire real estate worth $ 450 million over the next 12 months.

The firm recently launched its second institutional commingled fund with a target of $ 300 million in equity commitments for $ 850 million in buying power.

October was also the month when the Blackstone Group closed its $ 13.3 billion real estate opportunity fund, its largest opportunistic real estate fund ever, with equity commitments from 250 investors.

Rather, this document shows positive examples of state action toward each of the ten equity commitments as a milestone on this journey to share the progress states have made and recognize the difficult work remaining.

Depending on the opportunity and asset class, Hedgewood is prepared to make relatively small investments as well as significant equity commitments in any one transaction.

KKR's latest infrastructure megafund was the big winner among more than $ 630m of new private equity commitments from the New York State Common Retirement Fund.

Since its founding in 1994, affiliates of Walton Street have received total equity commitments of $ 6.5 billion from public and corporate pension plans, foreign institutions, insurance companies and banks, endowments and foundations, trusts and high - net - worth individuals.

He's a few days away from making an unsolicited bid for Dell, recently valued at $ 25 billion, offering to put up a $ 5 billion equity commitment funded almost completely out of his own pocket.

Pembrook is actively lending and continues to garner new equity commitments.

We've already invested the lion's share of our funds» original equity commitments to acquire about $ 1.8 billion of assets, based on unpaid principal balance, for less than $ 0.40 on the dollar.

With $ 1 billion of cumulative equity commitments, Carnelian focuses on lower - to - middle market equity investments in the North American upstream, midstream and oilfield services sectors.

«Sadly Governor Cuomo's budget abandons the state's Campaign for Fiscal Equity commitment despite real and measurable progress in closing the gaps in educational opportunity.»

It creates inflexibility in the economy, because an economy built on fixed commitments has higher bankruptcy risks than one built on equity commitments.

The deal's terms are reasonable, given SMI's sizable equity commitment to the project, Barnett said.

Johnson attributed this to the company's extensive market knowledge and substantial equity commitment.

In some cases, banks are lowering loan amounts and requiring a bigger equity commitment from borrowers or raising rates because of the HVCRE requirements, which may prompt some borrowers to seek out non-bank financing alternatives, she adds.

General Growth management also seems to have made the right call by negotiating one large equity commitment instead of trying to sell off assets piecemeal during its reorganization, Macke notes.

Given the fact that traditional lenders such as banks have tightened their purse strings, which in effect means higher equity commitments and tighter underwriting standards, difficult questions remain as to where that refinance money will come from, and how much it will cost.

Now that General Growth has successfully reorganized, managing to secure multi-billion dollar equity commitments and to stay an independent entity, its recovery spells hope for other retail real estate owners.

«We immediately recognized the opportunity to strengthen and expand our portfolio and were able to move on it quickly under our new acquisition program and significant equity commitment.

SC Capital Partners Pte. Ltd, a Singapore - based institutional real estate private equity investment firm, is pleased to announce the final closing of its open - ended real estate core plus fund, SC Core Fund, with $ 451.5 million of total equity commitments.

It is intended to show positive examples of state action toward each of the 10 equity commitments as a milestone on this journey to share the progress states have made and recognize the difficult work remaining.»

Mr. Nolan was a member of the senior management team that led GGP's reorganization and emergence from bankruptcy, which included the restructuring of $ 15.0 billion in project - level debt, payment in full of all of GGP's pre-petition creditors and the securing of $ 6.8 billion in equity commitments.

Like its predecessor, which raised $ 113 million in June 2014, Fund II will invest primarily in control buyouts, focusing on microcap healthcare businesses with $ 1 to $ 7 million in EBITDA and equity commitments of $ 10 to $ 30 million per platform.

Navigator is backed by a $ 375 million equity commitment from funds managed by the BlackRock Real Assets group.

Craig Munro - chaired Gulf Manganese Corporation has received a $ US10 million ($ A13 million) equity commitment from an Indonesian investor to progress development of its Kupang smelting hub in West Timor.

• Elevate Midstream Partners, a Houston, Texas - based midstream company, secured an equity commitment of up to $ 100 million from Tailwater Capital LLC.

Equity Commitment Note - an equity commitment note is a type of mandatory convertible, which can be exchanged for stock once the security reaches maturity, but not before.

An equity commitment note is similar to an equity contract note, but has one significant difference.

Equity contract notes you are required to purchase the equity, where as you don't with an equity commitment note.

The report, «States Leading for Equity: Promising Practices Advancing the Equity Commitments, «provides a brief overview of practices and policies states are currently engaging in to provide a stronger education for students.

At present, there is a lot of cash to finance private equity for both debt and equity commitments.

The basic Couch Potato and Four Square portfolios have a 50 percent equity commitment, the Five Fold portfolio has a 60 percent equity commitment, and the Margarita and Six Ways from Sunday portfolios have a 67 percent equity commitment.

After that, each increase in the number of building blocks increases your equity commitment, reaching a maximum of 80 percent with the Ten Speed.

Professor Kevin Anderson, Tyndall Centre for Climate Change Research and the Teesside University said: «If the EU is to transform its energy system to align with the Paris temperature and equity commitments, it can not continue with business as usual and must instead initiate a rapid phase out of all fossil fuels including natural gas.

In recent weeks, private equity giant Kohlberg Kravis Roberts & Co. announced a $ 150 million equity commitment to Sentio Healthcare Properties Inc., an Orlando, Fla. — based REIT that focuses on seniors housing and medical facilities.

January 2, 2018 — Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has announced the final close of both its «Avanath Affordable Housing III» and «Avanath III NY Co-Investment» Funds with $ 388 million in equity commitments, according to Avanath's President and CIO John R. Williams.

Avanath Capital Management LLC, a private real estate investment manager, held final close of its Avanath Affordable Housing III and Avanath III NY Co-Investment funds with $ 388 million in equity commitments.

Avanath Capital Management, a private real estate investment manager, has closed both the Avanath Affordable Housing III fund and the Avanath III NY Co-Investment fund, with $ 388 million in equity commitments.

With this closing, Avanath has almost doubled its equity commitments from its Fund II, which had its final closing at $ 200 million in July 2015.

Normandy Real Estate Partners is a leading real estate operator and investment manager headquartered in Morristown, NJ with offices in Boston, New York City, Los Angeles and Washington, D.C. Normandy currently manages a series of discretionary real estate funds totaling approximately $ 1.5 billion of equity commitments.

FoodStar Restaurant Group Inc. has received $ 1 million from RRGC and an equity commitment for an undisclosed sum from Dallas - based Hunt Capital Group L.L.C..

Yesterday's announcement of a $ 8.3 billion recapitalization plan that includes a $ 2.63 billion equity commitment from Canadian firm Brookfield Asset Management, along with a scheme to split General Growth in two, has created a $ 15 per share value floor for the REIT.