53% stake in Immobel in June 2007 through its third European fund, JER
Europe Fund III.
8%) articles in JRDE focus on literacy while 39 of 246 (16%) in JEE and 97 of 378 (26%) in JER
are categorized as literacy articles.
C-III and its affiliates will face potential conflicts of interest in respect of their respective new relationships with JERIT that are similar in many respects to the conflicts of interest that previously affected the relationships among JERIT, JER and JER's affiliates.
Commenting on the sale, Chester Barnes, Head of JER
Europe, said, "We are delighted to have participated in the development of Immobel over the past three years.
Standard & Poor's expects JER
to remain a highly effective special servicer given its experienced staff, portfolio management diligence, and excellent recovery results.
Europe Fund III, JER
continues its proven investment strategy of identifying and investing in undervalued assets and further improving their value through intensive asset management, noted Malcolm Le May, president of JER
founder of JER
and its Chairman and Chief Executive Officer since 1981, will become Executive Chairman.
Well-known industry veterans, Karim Habra, Christopher Zeuner and Petr Kosar have agreed to join JER
Partners to focus on establishing a platform in Central and Eastern Europe.
This was the seventh venture between JER
and FSC Realty.
NEW YORK -- C-III Capital Partners LLC (C-III) announced today that it has acquired the commercial real estate special servicing and CDO management businesses of JER
), a private real estate investment management company.
6 /PRNewswire/ -- JER
"), a private commercial real estate investment management company, announced today that the firm has sold a mezzanine loan secured by the equity interests in a 9-story, 390,000 square foot office building located at 25 Massachusetts Avenue in Washington, DC and an adjacent office development parcel located at 660 North Capitol Street.
), the private equity commercial real estate investment division of the J.