Private Equity
TPG Real Estate Partners, TPG's real estate platform, has closed its oversubscribed third fund at more than $3.7 billion.
1 min read · 11 March 2019
CCMP Capital Advisors LP said March 11 that it is buying BGIS for about $1 billion. Brookfield Business Partners is the seller. CEO Gordon Hicks and the management team will remain in place. BGIS is a facilities management company.
3 min read · 11 March 2019
Blackfin Real Estate Investors LLC and GMF Capital have acquired Virginia Beach, Virginia-based Baker Cross, a 600-unit apartment community. No financial terms were disclosed.
2 min read · 07 March 2019
Shopoff Realty Investments has sold Point at Centennial, a Las Vegas-based multifamily property, for $100 million. The buyer was The Calida Group.
3 min read · 06 March 2019
The Clairmont Group and RealtyMogul has acquired Avon Place Apartments, an apartment complex based in Avon, Connecticut. The price of the acquisition was $24 million. Matt Schneid from Cole Scholz P.C. was legal adviser on the deal.
3 min read · 06 March 2019
Real estate tech company Blueground has secured $20 million in funding. The investors included VentureFriends, Endeavor Catalyst and Jabbar Internet Group. In addition to the funding, Kevin Ryan has joined Blueground's board of directors.
3 min read · 05 March 2019
Berkadia has acquired Central Park Capital Partners, a real estate capital advisory firm. No financial terms were disclosed. Berkadia is a joint venture of Berkshire Hathaway and Jefferies Financial Group.
3 min read · 05 March 2019
Colony Capital has acquired 54 light and bulk industrial buildings for $1.16 billion. The deal included 48 last-mile logistics buildings and 6 bulk industrial buildings. CBRE National Partners represented the seller.
3 min read · 05 March 2019
Isles Ranch Partners, a real estate investment and asset management firm, has appointed Patrick Downes as managing director. Downes is managing partner of D Capital LLC, a new affiliate of IRP. He was also a co-founder of Premium Point Investments LP.
2 min read · 05 March 2019
Auerbach Funds and Blue Magma Residential have acquired Park Texas Apartments, an apartment community in Houston. No financial terms were disclosed.
2 min read · 05 March 2019
