Private Equity
Halstatt Real Estate Partners has acquired two Florida-based properties: Trade Centre South, an office building in Fort Lauderdale and SunMeadows Portfolio, a multifamily portfolio in Gainesville and Daytona Beach. No financial terms were disclosed.
2 min read · 04 June 2019
Homewood Holdings LLC, which is backed by Building Industry Partners, has acquired the assets of The Door Mill, an Arizona-based distributor of residential interior and exterior doors, molding, trim, hardware and windows. No financial terms were disclosed.
4 min read · 03 June 2019
Blackstone is buying assets from three of GLP’s U.S. funds for $18.7 billion. Blackstone Real Estate’s global opportunistic BREP strategy will acquire 115 million square feet for $13.4 billion and its income-oriented non-listed REIT, Blackstone Real Estate Income Trust (BREIT), will acquire 64 million square feet for $5.3 billion. Michael Steele, Michael Brueck and Kevin Ehrhart of Kirkland & Ellis advised GLP.
4 min read · 03 June 2019
Larson Capital has raised over $1 billion for its sixth fund, according to an SEC filing. No target was listed in the document. Based in St. Louis, Missouri, Larson Capital invests in commercial office and industrial buildings.
1 min read · 31 May 2019
CanAm Capital Partners has invested $2.5 million in the renovation of 1375 Peachtree, an Atlanta-based office complex. The Dilweg Companies is sponsoring the office complex redevelopment project.
2 min read · 31 May 2019
New York-based Admiral Capital Group, a real estate and private equity firm, has named James Maher Jr. as a principal. Maher formerly worked at Harbor Road Holdings and BlackRock.
3 min read · 30 May 2019
Angelo Gordon, an alternative investment firm focused on credit and real estate investing, has raised over $2.75 billion for its AG Realty Value Fund X. The fund will invest in off-market investment opportunities with a focus on sub-performing or distressed office, multifamily, retail, residential, hotel, for-sale housing, senior housing, self-storage and student housing assets, primarily located in the U.S.
3 min read · 29 May 2019
Maya Capital Partners and Harbor Group International have acquired Union City, New Jersey-based One23 Apartments, a luxury residential building. The purchase price was $31 million.
2 min read · 28 May 2019
KBS has sold Emerald View at Vista Center, an office property in West Palm Beach, Florida. The buyer was a partnership that included Vanderbilt Office Properties. The purchase price was for $40 million.
4 min read · 24 May 2019
Lingerfelt CommonWealth Partners, a commercial real estate investment firm, has acquired St. Louis, Missouri-based Pierre Laclede Center, a pair of office towers. The seller was KBS. No financial terms were disclosed.
2 min read · 23 May 2019
