Private Equity
CIT Group has provided $27.5 million to support Innovatus Capital Partners LLC's acquisition of 4040 Civic Center Drive, an office building in San Rafael, California. The building's tenant base is a diverse group across multiple business sectors including shipping, retail, law and government.
3 min read · 12 July 2019
Life House, a hotel company, has secured $100 million in funding. The investor was Blue Flag Partners. The capital will be used for expansion.
5 min read · 12 July 2019
The Praedium Group has acquired Moreno Valley, California-based Lasselle Place, a residential property. No financial terms were disclosed.
2 min read · 11 July 2019
WhiteHaven Capital has acquired the 164-unit Ridgepoint Apartments located in the Phoenix metro area. No financial terms were disclosed.
2 min read · 10 July 2019
Akridge has sold 1701 Rhode Island, an office building, to EXAN Capital. The purchase price was $119 million.
4 min read · 09 July 2019
Baceline Investments LLC has acquired three shopping malls in Indianapolis and Texas. No financial terms were disclosed.
2 min read · 08 July 2019
Shopoff Realty Investments has promoted John Santry to executive vice president, real estate and Brian Rupp to executive vice president, development. Santry first joined Shopoff in March 2013 while Rupp came on board in May 2005.
3 min read · 08 July 2019
AXA Investment Managers - Real Assets has agreed to acquire NorthStar Realty Europe Corp, a European-focused commercial real estate company. According to details of the deal, NRE stockholders will receive an estimated $17.03 per share.
6 min read · 08 July 2019
JLL Income Property Trust has acquired San Diego-based Genesee Plaza, a medical office complex. The purchase price is about $90 million.
3 min read · 03 July 2019
Bain Capital has raised $1.5 billion for its real estate fund, beating its $1 billion original target, according to a source familiar with the transaction. Fried, Frank, Harris, Shriver & Jacobson LLP represented Bain Capital on the fund.
1 min read · 02 July 2019
