Private Equity
German insurer Allianz SE said it had partnered with Indian conglomerate Shapoorji Pallonji Group to set up a $500 million real-estate fund aimed at the office market in India.
1 min read · 12 October 2017
KKR has closed its real estate credit fund at $1.1 billion.
1 min read · 10 October 2017
Boston-based Grand Coast Capital Group, a real estate investment and private lending firm, has named Bryan Joyce as a commercial loan officer and Christopher Raleigh as a senior processor/closer. Previously, Joyce was a lending officer at Universal Capital while Raleigh was a secondary manager and loan officer at Poli Mortgage Group.
3 min read · 10 October 2017
Starlight Investments, Public Sector Pension Investment Board and the Alberta Investment Management Corporation have acquired Denver, Colorado-based Parkhouse Apartment Homes, a multi-family property. No financial terms were disclosed.
4 min read · 10 October 2017
Equus Capital Partners has sold a Pennsylvania-based 22-property multi-housing portfolio for $467 million. The buyers were not named. Holliday Fenoglio Fowler represented the seller on the deal.
2 min read · 10 October 2017
Atlanta-based Stonemont Financial Group, a real estate investment firm, has added three executives to its Charlotte, North Carolina team. Joining the newly opened office are Matt McCoy who will be president of the firm's new Stonemont Income Fund. Also, Jack Altmeyer and Claudia Hanby will head the new Charlotte office and manage the Fund.
3 min read · 09 October 2017
Toronto-based Avison Young, a provider of commercial real estate services, has named Wesley Boatwright, Jonathan Goldstein and Michael Yavinsky as principals in the Washington, D.C. office. All three joined the firm from Jones Lang LaSalle where they were managing directors in the capital markets group. Avison is a portfolio company of Parallel49 Equity.
6 min read · 06 October 2017
Bend, Oregon-based G5, a digital marketing company for real estate property management companies, has named Tanya Capuano as chief financial officer. Previously, Capuano led finance for several businesses at Intuit including Mint, QuickBase and QuickBooks. G5 is backed by PeakEquity Partners.
2 min read · 05 October 2017
H.I.G. Capital has acquired São Paulo, Brazil-based Urbanity Corporate Center, an office building. No financial terms were disclosed.
3 min read · 05 October 2017
Family office Blackhawk Partners and Aeros Development Group, a private real estate and investment firm, have formed a joint venture that will buy and develop unique commercial, multi-use and residential complexes in New York, Florida and Dallas. No financial terms were disclosed.
2 min read · 05 October 2017