Real Estate

ADM Capital to buy 230 hectares from Hall Hunter Partnership

ADM Capital Europe said Sept. 16 that it acquired 230 hectares from international berry producer Hall Hunter Partnership to create The Summer Berry Co. Financial terms weren’t announced. ADM is carving out over 230 hectares of berry cultivation, including HHP’s businesses including HHP Glass, HHP Propagation, HHP Portugal and the Colworth farm assets held by HHP Farming.

Elevation Financial buys two senior properties for $10.7 mln

Elevation Financial Group, a real estate private equity firm, has acquired two senior properties in Illinois. The total purchase price was $10.7 million.

Vector Capital invests in real estate tech platform MoxiWorks

Vector Capital has made an investment in MoxiWorks, a real estate tech platform. No financial terms were disclosed.

Green Leaf collects nearly $323 mln for fourth fund

Northern California-based Green Leaf Capital Partners, a real estate investment firm, has raised nearly $323 million for its fourth fund, according to an SEC filing. The target is $375 million.

Blackstone's latest global real estate fund raises $20.5 bln

Blackstone said Sept. 11 that its latest global real estate fund, Blackstone Real Estate Partners IX, closed on $20.5 billion.

Digital home-buying platform Prevu fetches $2 mln seed

Prevu, a digital home-buying platform, has secured $2 million in seed funding. Corigin Ventures led the round.

Angelo Gordon racks up $1.3 bln for fourth Asia real estate fund

Angelo Gordon has raised $1.3 billion for its fourth Asia real estate fund, beating its $1 billion target. The firm closed its previous Asia real estate fund at about $850 million in 2016.

MedCore, Trinity Private Equity Group, TNRG and UMB buy Utah assisted living and memory care property

MedCore Partners, Trinity Private Equity Group, TNRG and UMB Bank have acquired North Ogden, Utah-based The Lodge, an assisted living and memory care property. No financial terms were disclosed.

Fundrise's RSE Capital hires real estate SVP

Fundrise's RSE Capital has named Allan Sternberg as senior vice president of real estate. Previously, Sternberg worked at at Angelo Gordon. RSE Capital is the real estate arm of online investment platform Fundrise.

Prudent Growth Partners buys Kentucky shopping mall for $2.8 mln

Prudent Growth Partners has acquired Florence, Kentucky-based Oakbrook Town Center, a shopping mall. The purchase price was $2.8 million.