Private Equity
KKR said Nov. 25 that it acquired four industrial distribution properties totaling approximately 641,400 square feet. The properties were acquired from three different sellers. Financial terms weren’t announced. The properties are located in Atlanta, Inland Empire, California and Orlando, Florida.
2 min read · 25 November 2019
Prudent Growth Partners has acquired Mint Hill, North Carolina-based Lawyers Square neighborhood retail center. The purchase price was $6.4 million.
2 min read · 21 November 2019
San Francisco and Austin-based Juniper Square, a real estate tech firm, has raised $75 million in Series C funding. Redpoint Ventures led the round with participation from Ribbit Capital, Felicis Ventures and Zigg Capital.
1 min read · 21 November 2019
Investcorp's real estate team has acquired a portfolio of 126 industrial properties across five major metropolitan areas. The purchase price was about $800 million.
3 min read · 21 November 2019
Compass Acquisition Partners has named John Fischer as managing director of asset management. Previously, Fischer was managing director at TruAmerica.
2 min read · 20 November 2019
H.I.G. Capital LLC has acquired and re-developed a mixed-use property in Mannheim, Germany. No financial terms were disclosed.
2 min read · 20 November 2019
Blackstone Real Estate Income has closed its previously announced acquisition of the real estate assets of the Bellagio from MGM Resorts for $4.25 billion in a sale-leaseback transaction. As part of the deal, MGM Resorts has leased the property from the joint venture and will continue to manage, operate and be responsible for all aspects of the property on a day-to-day basis. The acquisition was made as part of a joint venture led by BREIT, in which the company had 95 percent stake while MGM Resorts had a 5 percent stake.
3 min read · 18 November 2019
Habi, a Bogotá, Columbia-based technology-driven real estate company, has raised $5.5 million in funding. The investors were Tiger Global Management, Homebrew, Zigg, Reshape Holdings, FJ Labs and Supernode Ventures.
1 min read · 15 November 2019
RealtyMogul's direct acquisitions arm RM Adviser and ROSS Companies have acquired Virginia Beach-based The Hamptons Apartments, an apartment complex. No financial terms were disclosed.
3 min read · 15 November 2019
Greystar Real Estate Partners LLC has named Moreo Rivera as director of development for university partnerships. Previously, Rivera worked for Trinitas Ventures where he served as director of campus partnerships.
3 min read · 14 November 2019
