Real Estate

General Atlantic-backed Property Finder buys Bahrain Property World

Property Finder, which is backed by General Atlantic, has acquired Bahrain Property World, a property portal in Bahrain. No financial terms were disclosed.

HQ Equita wraps up fifth fund

HQ Equita, the private equity direct investment arm of HQ Capital, has raised 308 million euros for its fifth fund. HQ Equita V will invest in small and medium-sized buildings in German-speaking Europe. The fund's limited partners include entrepreneurial families, foundations and select institutional investors.

Prodigy pulls in $22 mln for Chicago multifamily building project

Prodigy Network has raised $22 million for its inaugural project in Chicago, a seven-story multifamily building. The project is a joint venture between Prodigy, the majority capital partner, and Ruttenberg Gordon Investments, Marc Realty Capital LLC and Joe McMillan of DDG, who will manage the development and milestones of the project.

Muinzer and South Street promote Snyder to COO

Muinzer, a real estate investment and property management firm and South Street Capital, a real estate private equity firm, have promoted Michael Snyder to chief operating officer. Snyder joined Muinzer in 2015.

Blue Sky Equity Partners acquires Red Lion Inn & Suites Tucson North Foothills

Blue Sky Equity Partners has acquired the Red Lion Inn & Suites Tucson North Foothills. No financial terms were disclosed. Blue Sky plans on rebranding the hotel as 3 Palms Tucson North Foothill.

Hospitality Ventures Management Group sells DoubleTree Suites by Hilton Nashville Airport

Hospitality Ventures Management Group has sold the 138-suite DoubleTree Suites by Hilton Nashville Airport to a joint venture comprised of Wexford Lodging Advisors and Trinity Private Equity Group. No financial terms were disclosed. HVMG will continue to manage the hotel and oversee a $2.5 million renovation.

Greystar taps Herubin as portfolio management MD

Greystar Real Estate Partners has named Terri Herubin as a managing director of portfolio management. Previously, she was managing director and real estate senior product specialist at Angelo Gordon.

M31 Capital's Morpheus General Partner rolls out initial qualified opportunity zone fund

Morpheus General Partner, an affiliate of M31 Capital, a real estate investment firm, has launched its inaugural qualified opportunity zone fund. No financial terms were disclosed. Morpheus 1 will invest in designated opportunity zones in the greater San Francisco Bay Area. These opportunity zones include off-market multi-family housing, mixed-use properties, empty or neglected apartment buildings and unoccupied offices.

Muinzer and South Street buys student housing portfolio for $33.5 mln

Muinzer and South Street Capital have acquired a 528-bed student housing portfolio next to Purdue University in West Lafayette, Indiana. The price of the acquisition was for $33.5 million. The portfolio includes Waldron Square, Settlement and Cedarwood.

Mazovia Capital sells Polish office building to M7

Mazovia Capital has sold the Warsaw, Poland-based Masovia Plaza office building to M7. No financial terms were disclosed. Greenberg Traurig's Warsaw office represented Mazovia Capital on the transaction.