Private Equity
Arcis Capital Partners LLC has spun off its real estate investment business into Arcis Real Estate Capital LLC. Mohi Monem will lead ArcisRE as managing partner and Steven W Sorensen will join him as a partner. ArcisRE will focus solely on real estate investment management and advisory in the U.S.
3 min read · 11 June 2019
Investcorp has acquired 11 new U.S. multifamily properties for about $370 million. Investcorp teamed up with Equus Capital Partners on the transaction. The properties are located in Florida, North Carolina Georgia, Pennsylvania and Missouri. Equus' management affiliate Madison Apartment Group will also serve as the on-site property manager for the portfolio.
3 min read · 10 June 2019
RM Adviser, a subsidiary of RealtyMogul, has acquired two El Paso, Texas-based multifamily assets. No financial terms were disclosed.
2 min read · 07 June 2019
Security Properties and Rockwood Capital have acquired Seattle-based Legacy at Pratt Park, a 249-unit mixed-use property. No financial terms were disclosed.
4 min read · 07 June 2019
Starwood Capital Group and Arrow Capital Partners have acquired the Sydney, Australia-based Zenith office complex. No financial terms were disclosed.
3 min read · 07 June 2019
Ares Management Corporation and Douglaston Development have formed a joint venture to develop 601 W. 29th Street, a luxury residential development in Manhattan. A syndicate of banks led by HSBC provided construction financing for the project.
4 min read · 07 June 2019
Harbor Group International LLC, a real estate investment and management firm, has invested $3.25 million in Casa Real, a West Hollywood, California-based multifamily property. A Concord Capital Partners affiliate is slated to buy the property for about $17 million once escrow closes.
2 min read · 05 June 2019
Tikehau Capital and Le Groupe de l’Hôtellerie have acquired Hotel Corona Opéra and Hotel Touraine Opéra. The two hotels, located in Paris, have a combined capacity of 97 rooms and were built during the 19th century.
3 min read · 05 June 2019
Heitman LLC, a real estate investment management firm, has acquired a portfolio of rented residential properties in Germany. No financial terms were disclosed.
2 min read · 04 June 2019
Prudent Growth Partners has acquired Rolesville Town Center Mall, a shopping mall based in Rolesville, North Carolina. No financial terms were disclosed.
2 min read · 04 June 2019
