Excerpt: “China Under Mongol Rule” Edited by John D. Langlois Jr. Encompassing history, politics, religion, and art, this collection of essays on Chinese civilization under the Mongols challenges the previously held views that Mongol rule had only negative consequences. Source: Princeton University
MSREF
Excerpt: Morgan Stanley Real Estate Fund Said Likely to Win New Deadline Morgan Stanley’s $4.7 billion real-estate fund, known as MSREF VII, will probably win approval to extend the deadline for finding new investments into 2013, a person familiar with the discussions said. Investors in Morgan Stanley Real Estate Fund VII have indicated they will
Morgan Stanley Property Fund Faces $5.4 Billion Loss
Excerpts: Morgan Stanley Property Fund Faces $5.4 Billion Loss Morgan Stanley has told investors in its $8.8 billion real-estate fund that it may lose nearly two-thirds of its money from bum property investments, according to fund documents reviewed by The Wall Street Journal. That would likely make it the biggest dollar loss–$5.4 billion–in the history
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Excerpt: Morgan Stanley Real Estate Raises $1.75 Billion for Fifth MSREF U.S. Fund Morgan Stanley Real Estate announced today that it has successfully concluded fundraising for Morgan Stanley Real Estate Fund (MSREF) V U.S. with $1.75 billion of equity commitments. MSREF V U.S. has already committed approximately 60% of its capital to these types of
Deepak Moorjani: The Analytics of a REIT Take-Private
Selected Excerpts: More and more investors have discovered the appeal of REITs. Creatures of tax law, REITs provide transparency, liquidity, more permanent management and corporate structures, easier access to all forms of capital including unsecured debt, and greater overall property market efficiency. Consolidation in the Japanese REIT sector seems more than likely when valuations fall.
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Morgan Stanley: Investing in Distressed Real Estate
Excerpts: Morgan Stanley: Investing in Distressed Real Estate Certainly, if you take Japan and China as a total and look at the rest, it is inconsequential. That is a dramatic statement, and I cannot tell you that we have completely shied away from everything else, but this is how we spend our time. This is
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Excerpts: Morgan Stanley Realty touches real estate’s biggest deals In fact, Morgan Stanley & Co. has been involved in the real estate industry longer than any other Wall Street-based investment banking firm, some 25 years. Today, the Morgan Stanley Realty team is part of a global company with offices in London, Hong Kong, Tokyo, New