Private Equity
Glenmont Capital Management LLC and Arlington Properties have sold Canopy Apartments, an apartment community in Florida. The sale price was $69.4 million.
2 min read · 22 October 2019
Heitman LLC has acquired a a portfolio of residential assets in Dublin. No financial terms were disclosed. The portfolio includes 27 fully-occupied assets, with a total of 214 apartment units and three retail units.
2 min read · 21 October 2019
Ardian has acquired a Paris-based office complex. No financial terms were disclosed.
3 min read · 21 October 2019
The Bascom Group LLC has acquired El Monte, California-based Atrium Apartments, a 39-unit apartment community. The purchase price was $9.7 million.
3 min read · 21 October 2019
H.I.G. Capital LLC said Oct. 21 that it acquired an office complex totaling approximately 29,000 sqm in Lyon, France’s second economic center. Financial terms weren’t announced. The buildings are expected to be delivered in March 2021.
3 min read · 21 October 2019
Unizo Holdings said it would continue talks with Blackstone Group, Reuters reported. Unizo, a Japanese hotel chain, previously rejected other offers from Blackstone, which is planning to launch a tender offer at 5,000 yen a share, the story said.
1 min read · 21 October 2019
Lucern Capital Partners, a real estate private equity firm, has acquired Del Campo Apartments, a pre-1900's loft building in Philadelphia. No financial terms were disclosed.
2 min read · 18 October 2019
Eldridge Industries has led a $300 million investment in Kennedy Wilson, a real estate investment company. J.P. Morgan was the placement agent. Latham & Watkins LLP acted as legal adviser to Kennedy Wilson. And, Morgan Stanley provided financial advice to Eldridge while Sidley Austin LLP was legal adviser.
4 min read · 18 October 2019
PRG Capital Management LLC has closed its first multifamily fund at $58.5 million. Founded in 2019, PRG Capital Management is an affiliate of multifamily real estate investment and management firm PRG Real Estate.
2 min read · 17 October 2019
Next Tier Connect, an investment partnership between Next Tier HD and RedBird Capital Partners, has acquired Stafford Commerce Park and Center in Stafford, Virginia. The campus encompasses six buildings and 268,000 square feet. No financial terms were disclosed.
2 min read · 17 October 2019
