Private Equity
Baceline Investments has acquired Aurora, Illinois-based Orchard Crossing, a 21,476-square-foot property, for $2.9 million. Also, the private equity real estate investment and management company has acquired New Lenox, Illinois-based Hickory Creek, a shopping mall, for $4.56 million; and Olive Branch, Mississippi-based The Crossing, a 42,000-square foot property, for $6.3 million.
2 min read · 14 May 2019
Nuveen Real Estate has acquired Florida-based Azola Apartments, a multifamily apartment community. The sellers were ZOM Living, The Mattoni Group and Clarion Partners. No financial terms were disclosed.
4 min read · 13 May 2019
The Carlyle Group and Stonehenge NYC have recapitalized The Ritz Plaza, an apartment building in Manhattan. No financial terms were disclosed. Ackman Ziff advised Carlyle on the transaction.
2 min read · 13 May 2019
Starwood Capital Group has agreed to develop a 147,000-mixed use opportunity zone project in the Bronx, New York. No financial terms were disclosed. Construction is expected to begin this month.
3 min read · 09 May 2019
Capital Square 1031 has acquired a memory care facility in the greater Houston area. No financial terms were disclosed. Bear Real Estate Advisors represented Capital Square 1031 on the transaction.
2 min read · 08 May 2019
Lone Star has raised over $3.6 billion for its sixth real estate fund, according to an SEC filing. The target is $4.5 billion.
1 min read · 08 May 2019
H.I.G. Realty Partners has acquired an industrial/flex portfolio in the New York metropolitan area. The value of the deal was $487 million.
3 min read · 06 May 2019
Capital Square 1031, a real estate investment and management firm, has promoted Mike Waddell to president. Waddell is a 30-year commercial real estate industry veteran.
2 min read · 03 May 2019
AndMark has acquired Omaha, Nebraska-based Soreonson Square, an apartment community. No financial terms were disclosed. Trinity Multifamily will manage the property.
2 min read · 02 May 2019
Harrison Street, a real estate investment firm focused on the education, healthcare and storage sectors, has closed its second European fund, at 700 million euros. The target was 400 million euros. Harrison Street European Property Partners II LP will focus on the student accommodation market in the UK, Germany, Ireland, France, Spain, the Netherlands and the Nordics. The fund will also target specialty residential properties.
3 min read · 01 May 2019
