Private Equity
Capital Square 1031, a real estate investment and management firm, has promoted Whitson Huffman to senior vice president and head of its acquisitions team. Also, the firm has hired Jorge Figueiredo as vice president of acquisitions and asset management.
3 min read · 02 July 2019
Starwood Capital, Trinity Capital and Vanderbilt Partners have acquired Park Point at Research Triangle Park in Raleigh North Carolina. The buyers plan on investing more than $100 million into the property to redevelop and reposition the 95-acre site.
4 min read · 02 July 2019
RMR Office Property Fund LP, which is managed by The RMR Group LLC, has acquired Denver-based Belleview Corporate Plaza, a two-building office property. The purchase price was $39.1 million.
2 min read · 01 July 2019
Cardone Capital has acquired 10X Living at Sawgrass, an apartment community that's near Sawgrass Mills, a large shopping mall in Florida. No financial terms were disclosed. Robert Givens at Cushman & Wakefield represented 10X Living at Sawgrass on the transaction.
2 min read · 28 June 2019
Howard Hughes Corp has hired Centerview Partners to explore strategic alternatives, including a sale, CNBC is reporting. Howard Hughes, which owns, manages and develops different type of real estate throughout the U.S., isn’t a REIT but a C-corp, the story said.
1 min read · 28 June 2019
KKR has acquired five industrial warehouses located in California and Baltimore. The properties were acquired from three unidentified sellers. No financial terms were disclosed.
2 min read · 27 June 2019
The Praedium Group has acquired Town Commons, a 24-building residential complex in Gilbert, Arizona. No financial terms were disclosed.
3 min read · 27 June 2019
Heitman LLC, a real estate investment management firm, has named Chasity Boyce as head of inclusion and diversity. Prior to joining Heitman, Boyce was diversity and inclusion manager for Skadden, Arps, Slate, Meagher & Flom LLP.
3 min read · 27 June 2019
Heitman, a real estate investment management firm, has named Caleb Mercer as managing director of its European private equity group. Mercer worked at Starwood Capital where he was senior vice president of European acquisitions.
2 min read · 26 June 2019
National Health Investors Inc has provided a $32.7 million loan for Senior Living Communities to buy and renovate a continuing care retirement community in Columbia, South Carolina. The NHI will have a purchase option on the property during the term of the loan.
2 min read · 26 June 2019