Private Equity
Starwood Capital and Vanderbilt Partners have acquired the Austin, Texas-based Campus at Arboretum. No financial terms were disclosed. Campus at Arboretum is a 319,000 square-foot suburban office campus located in Northwest Austin, Texas.
3 min read · 27 August 2019
Starwood Retail Partners, a retail operating platform formed by Starwood Capital Group, has named Brian Ross as senior vice president of leasing. Previously, he was vice president of leasing and development at Brookfield Properties Retail.
2 min read · 26 August 2019
Starwood Capital Group has acquired a multifamily affordable housing portfolio whose properties are located mostly in Texas and Florida. No financial terms were disclosed.
2 min read · 26 August 2019
Tenth Street Ventures and Braden Fellman Group have acquired Atlanta-based Morningside/Lenox Park Apartments for nearly $42 million. The buildings will be rebranded as The Piet.
5 min read · 26 August 2019
NexPhase has sold InsideRe to Lovell Minnick Partners. No financial terms were disclosed. GCA Advisors served as financial adviser to NexPhase on the transaction. Based in Draper, Utah, InsideRE is a provider of cloud-based real estate software.
3 min read · 23 August 2019
Virtua Partners has acquired a 126-room Courtyard by Marriott under construction in Winston-Salem, North Carolina. No financial terms were disclosed. Hotel Equities will manage the hotel when it opens in the first quarter of next year.
3 min read · 22 August 2019
New York City and Cleveland-based Fund That Flip, an online financing platform for the fix-and-flip residential real estate market, has raised $11 million in financing. Edison Partners led the round.
1 min read · 21 August 2019
The Bascom Group LLC has completed a $235 million refinancing of an 11-property multifamily portfolio spanning five states. The refinanced properties include The Square Apartments in Downey, California; Camden Village Apartments in Fremont, California; 52nd Marketplace in Arvada, Colorado; and Prescott Lakes Senior Apartments in Prescott, Arizona.
3 min read · 21 August 2019
Lexerd Capital Management LLC has acquired Augusta, Georgia-based The Metropolitan Augusta, an apartment complex. No financial terms were disclosed.
2 min read · 21 August 2019
Ares Management Corporation has closed its fifth European real estate fund at 1.78 billion euros, beating its target of 1.25 billion euros. The fund targets investments in residential, office, industrial and mixed-use assets. In December 2014, Ares raised 1.1 billion euros for its fourth European real estate fund.
3 min read · 20 August 2019
