Private Equity
Forestar Group Inc said on Friday top U.S. homebuilder D.R. Horton Inc had sweetened its offer to buy a 75 percent stake in the real estate developer, escalating a bidding war with investment firm Starwood Capital Group.
1 min read · 23 June 2017
Baceline Investments LLC, a private real estate investment and management company, has recapitalized 11 shopping malls for $90 million. The properties include Pleasant Run in Dallas; University Plaza in Peoria, Illinois; Village Green in Chicago; Glendale Square in Milwaukee; and Shoppes at San Mateo in Albuquerque, New Mexico.
2 min read · 22 June 2017
JCR Capital, a middle-market commercial real estate investment firm, has hired Mark Fallon as director of business development. Previously, Fallon worked at NGKF Markets in Denver where he served as a managing director.
2 min read · 21 June 2017
Dallas-based Westmount Realty Capital LLC, a commercial real estate development and investment manager, has hired Andrew Martin as director of private capital. Previously, Martin worked at PTX Securities where he served as vice president of business development raising funding for Sealy Strategic Equity Partners.
2 min read · 21 June 2017
San Diego-based MG Properties Group, a real estate investor and operator, has acquired Alexan Melrose, a luxury apartment community in Vista, California. The sellers included Trammell Crow Residential. The price of the transaction was $134 million.
2 min read · 20 June 2017
Brookfield has raised over $2.4 billion for its fifth real estate finance fund, according to an SEC listing. No target was listed on the document.
1 min read · 20 June 2017
StepStone Real Estate has named Jay Morgan as managing director. Prior to joining the firm, Morgan worked at Courtland Partners.
2 min read · 20 June 2017
Newport, California-based The McLean Group, a middle market investment bank, has appointed Jeff Weber as managing director for the firm's newly formed real estate practice group. Weber is a former principal at Resco Self-Storage and has worked for such firms as Coldwell Banker Commercial Real Estate Services and SDC Development.
3 min read · 20 June 2017
Citymark Capital and C6 Real Estate Partners have acquired River Edge at Garfield, a multifamily community in Garfield, New Jersey. No financial terms were disclosed. The property includes a large swimming pool and two gyms.
2 min read · 20 June 2017
RB Capital and Macquarie Capital have agreed to launch and invest in a new platform that would acquire and develop industrial real estate in Brazil. No financial terms were disclosed.
3 min read · 20 June 2017
