Private Equity
National Health Investors Inc has acquired a Lansing, Michigan-based assisted living and memory care facility. NHI provided an initial funding of $10.4 million plus an additional commitment of $475,000 for capital improvements to be financed in the first lease year.
2 min read · 05 June 2017
Tikehau Capital has made an investment in Turin, Italy-based Area12, a shopping mall along with several unnamed Italian and international institutional investors. The overall price of the acquisition was 65 million euros. JLL, Studio Legale Gatti Pavesi Bianchi and Studio Tributario Iavagnilio served as advisers to Tikehau on the deal.
2 min read · 05 June 2017
Global law firm Reed Smith has named Petar Orlic as a partner in its real estate group in London. Previously, Orlic worked at Faegre Baker Daniels where he served as a partner and head of real estate.
2 min read · 05 June 2017
Boston-based Marcus Partners, a real estate estate investor, operator and re-developer, has named Ryan McDonough as a principal with a focus on the New England market. Previously, McDonough worked at Bentall Kennedy.
2 min read · 05 June 2017
U.S. private equity group Blackstone Group said on Monday it had offered to buy all shares in Finnish real estate investment company Sponda (for about 1.8 billion euros ($2.0 billion) as it seeks to expand its real estate business in the Nordic region, Reuters reported.
2 min read · 05 June 2017
Mapletree Investments Pte has acquired eight student housing assets in the U.S. and Canada. The seller is Kayne Anderson Real Estate Advisors. No financial terms were disclosed. Citigroup Global Markets Inc provided financial advice to Kayne Real Estate on the transaction.
4 min read · 02 June 2017
Soaring Pine Capital has provided $1.6 million in financing to JJ's Holdings LP, owner of the former Birchmount Estates property in Mount Morris Township, Michigan. The capital will be used to buy 20 buildings in Mount Morris.
2 min read · 01 June 2017
TruAmerica and Investcorp have acquired a two-property apartment portfolio in Orlando, Florida for $98 million. The acquisition comprises the 360-unit at Montevista at Windermere and the 348-unit Highpoint Club.
3 min read · 01 June 2017
The EMMES Group of Companies has acquired Irvine, California-based Main Plaza. No financial terms were disclosed. The property, which contains office buildings, will be renamed Centerview -- Centerview East and Centerview West.
2 min read · 01 June 2017
Capstone Development Partners and Harrison Street Real Estate Capital have provided equity financing to a student housing facility at Seattle University. The total development cost of the project is about $50 million.
4 min read · 30 May 2017
