Private Equity
Integrated Capital Management has closed its debut real estate private equity fund fund at over $30 million. Integrated Realty Capital I LP will make commercial real estate investments across the U.S. in all asset classes including office, industrial, retail, multifamily, self-storage, senior living, student housing and hospitality. The fund's investors include large family offices, registered investment advisers, high-net-worth individuals and foreign capital sources.
3 min read · 08 April 2019
Prudent Growth Partners has acquired an apartment community and an office building in two separate deals for a total of $7.425 million. The deal includes Havelock, North Carolina-based Croatan Forest, an apartment community that Prudent Growth acquired for $4.625 million; and Fayetteville, North Carolina-based 504 Cumberland, an office building that was acquired for $2.8 million.
3 min read · 08 April 2019
BWV W. Katella LLC, a joint venture between Branch West and Bascom, has acquired a mid-rise multifamily development site in Orange, Calfornia. No financial terms were disclosed.
4 min read · 08 April 2019
Property Finder has agreed to acquire UAE-based JRD Group, a real estate tech provider and Propspace, a CRM solution used by real estate professionals. No financial terms were disclosed. As part of the acquisition, iMENA Group will fully exit its investment in JRD Group. Property Finder is backed by General Atlantic.
3 min read · 08 April 2019
Bain Capital Real Estate has sold a life science property based in Cambridge, Massachusetts. The buyer was not named. The deal was valued at $128 million. Eastdil Secured LLC advised Bain Capital Real Estate on the transaction. Bain Capital Real Estate has first acquired the property located at 1030 Massachusetts Avenue in 2016 with Longfellow Real Estate Partners.
3 min read · 05 April 2019
Round Hill Capital is investing in a Fort Lauderdale, Florida-based workforce housing development project. No financial terms were disclosed.
4 min read · 05 April 2019
Four Mile Capital has sold Fort Collins, Colorado-based Argyle of Willow Springs, a 280-unit multifamily property. The buyer was not identified. FMC bought Argyle in September 2016 in a joint venture with MLG Capital for $51.25 million.
2 min read · 05 April 2019
Vitacon, a real estate development and construction company, has formed a joint venture with 7 Bridges Capital Partners. The JV will focus on constructing 3,500 units in São Paulo, Brazil. The deal is worth R$2 billion (about $516 million).
2 min read · 05 April 2019
Monarch Private Capital has closed an investment in Omaha-based Blackstone Hotel's $70 million redevelopment. No financial terms were disclosed. The proposed Blackstone Hotel is targeted to open in April 2020.
3 min read · 04 April 2019
JLL Income Property Trust has acquired Fremont Distribution Center, a two-building industrial portfolio in Fremont, California. The price of the transaction was $47 million.
3 min read · 02 April 2019
