Private Equity
Ardian has agreed to acquire a Berlin-based office building project from LBBW. No financial terms were disclosed. Construction is expected to be completed in the third quarter of 2021.
3 min read · 23 May 2019
DF Capital Management has closed its initial real estate fund at nearly $40 million. DF Residential I LP's investors include a New York-based institutional manager and a prominent foundation. The fund will focus on providing project-level equity/debt for community development and the construction of entry-level homes.
2 min read · 23 May 2019
National Health Investors Inc has acquired Michigan-based Brighton Manor, an assisted living/memory care facility. The purchase price was $13.5 million. NHI will lease the facility to an affiliate of Comfort Care Senior Living.
1 min read · 22 May 2019
Anbang Insurance Group’s sale of a portfolio of 15 hotels has attracted Brookfield Asset Management Inc and Fortress Investment Group, Bloomberg is reporting. Blackstone Group LP, South Korea’s Mirae Asset Management, and GIC Pte, Singapore’s sovereign wealth fund, are also among the bidders, the Financial Times said.
1 min read · 22 May 2019
Bell Partners Inc, an apartment investment and management firm, has appointed John Blaylock as senior vice president of investments and Tayloe Call as senior vice president of construction services. Both Blaylock and Call are based in the firm's Dallas office.
3 min read · 21 May 2019
Inspired Healthcare Capital has raised over $4.4 million for its new fund, according to an SEC filing. The target is $30 million. Based in Scottsdale, Arizona, Inspired Healthcare invests in senior housing.
1 min read · 20 May 2019
Harrison Street has acquired Osborn Triangle from a subsidiary of Massachusetts Institute of Technology. No financial terms were disclosed. Osborn Triangle is an office and laboratory complex.
2 min read · 17 May 2019
Viking Partners has acquired north suburban Cincinnati-based Towers of Kenwood, an office building. No financial terms were disclosed for the transaction that was done in a joint venture with DRA Advisors LLC.
2 min read · 16 May 2019
JLL Income Property Trust has acquired Bothell, Washington-based Stonemeadow Farms, an apartment community. The price of the acquisition was $81.8 million.
3 min read · 15 May 2019
H.I.G. Capital has named Tareck Safi to its real estate team as managing director and head of real estate debt. Previously, he worked at PIMCO where he was head of commercial real estate debt investments for EMEA.
2 min read · 15 May 2019