Private Equity
AECOM Capital and Canyon Partners LLC has formed AECOM-Canyon Partners, a joint venture focusing on developing commercial real estate projects. AECOM-Canyon Partners has already committed over $65 million of equity capital across three investments, which include a hotel in Menlo Park, California.
3 min read · 19 February 2019
Colony Industrial said Feb. 19 that it acquired just over 21 acres of land in northeast Dallas, in partnership with developer Huntington Industrial Partners. Financial terms weren’t announced. Colony Industrial said it plans to develop two light industrial buildings totaling 355,071 square feet.
4 min read · 19 February 2019
Greystar Real Estate Partners, APG Asset Management N.V., Bouwinvest Real Estate Investors and MIRA Real Estate, which is part of Macquarie Infrastructure and Real Assets, has closed a China-focused fund at $450 million. The fund will focus on properties in Chinese markets with an initial focus on Shanghai.
5 min read · 18 February 2019
Centerbridge Partners has raised over $894 million for its new real estate fund, according to an SEC filing. New York City-based Centerbridge invests in private equity, distressed and special situations and real estate.
1 min read · 14 February 2019
CAI Investments LLC has sold two parcels of land in Las Vegas to Chick-fil-A and Del Taco. No financial terms were disclosed.
2 min read · 14 February 2019
Investcorp said Feb. 12 that it acquired a portfolio of eight multifamily properties of 2,510 units for $330 million. The properties span the submarkets of five metro areas across the Southeast and Southwest regions: Raleigh, North Carolina; Atlanta, Georgia; Jacksonville, Florida; Phoenix, Arizona; and Dallas, Texas.
3 min read · 12 February 2019
Constitution Capital Partners said Feb. 12 that it launched a real estate unit. Constitution Capital Real Estate Partners is comprised of professionals previously employed by Lone Star Funds and its affiliates. Hugh J. Ward III, most recently senior managing director and co-head of real estate investments at Lone Star North America, is leading the unit.
3 min read · 12 February 2019
Propertybase, which is backed by Providence Strategic Growth, has acquired BoldLeads.com, an SaaS-based real estate lead generation technology platform. No financial terms were disclosed. The Forbes M+A Group advised BoldLeads on the deal.
3 min read · 08 February 2019
Heitman LLC, a real estate investment management firm, has closed its fourth fund at more than $1.1 billion, beating its $750 million target. Heitman Value Partners IV invests in in industrial, multi and single-family rental, medical office, self-storage and student housing properties.
3 min read · 07 February 2019
The Preiss Company and a private real estate fund advised by Crow Holdings Capital have acquired the 694-bed Luxx, a student housing community that serves the University of Texas at San Antonio. No financial terms were disclosed.
2 min read · 07 February 2019
