Private Equity
Amzak Living, a real estate unit of Amzak Capital Management, has acquired Suffolk, Virginia-based Bainbridge 3200, a luxury apartment community. No financial terms were disclosed.
1 min read · 26 July 2017
Ares Management LP said July 26 that it has acquired an approximately 300-unit, 24,000-square-meter residential and retail complex in the Frankfurt Rhine-Main metropolitan region of Germany. Financial terms weren’t announced.
2 min read · 26 July 2017
AJ Capital Partners has acquired Iowa City Sheraton, a 234-room hotel, from RockBridge. No financial terms were disclosed. Davidson Hotels & Resorts will continue to manage the property.
4 min read · 25 July 2017
Admiral Capital Group has closed its second real estate fund at $123 million. Admiral Capital Real Estate Fund II will focus on multifamily and office properties. Its limited partners include the Teacher Retirement System of Texas and USAA Real Estate Company.
3 min read · 24 July 2017
Stream Realty Partners and Thackery Partners have sold Pearland, Texas-based The Center, a shopping mall, to Dunhill Partners Inc. No financial terms were disclosed. The shopping mall includes tenants such as Ross Dress for Less and T.J. Maxx.
3 min read · 24 July 2017
Real estate investment firm Avesta Holdings has hired Trevor Dallas as a managing director for its Austin office and Luke Kline as a director of acquisitions for its Dallas team. Previously, Dallas worked at CWS Capital Partners while Kline was at Mill Creek Residential Trust.
2 min read · 21 July 2017
Douglas Emmett Inc, Qatar Investment Authority and other unnamed investors have acquired 9665 Wilshire Boulevard, a Beverly Hills, California office building. The price of the acquisition was $177 million.
3 min read · 21 July 2017
KKR, along with Altamar Capital Partners and Deutsche Finance Group and residential real estate firm Elix, formed Elix Vintage Residencial Socimi, a platform to invest 100 million euros in the Spanish residential real estate market. The platform aims to invest its capital within the next three years to create a portfolio of residential assets that will be refurbished and rented, mainly located in Madrid and Barcelona.
2 min read · 21 July 2017
Carmel Partners, a multifamily property investment firm, has named Trey Hilberg as head of investments. Hilberg joined Carmel in 2004 as a senior vice president.
2 min read · 19 July 2017
Admiral Capital Group and Elite Street Capital have acquired Norcross, Georgia-based The Fields Peachtree Retreat, a 240-home community. No financial terms were disclosed.
3 min read · 18 July 2017
