Private Equity
Access Private Capital and NexPoint have invested $11.5 million in VineBrook Homes, a provider of quality rental homes that are mostly located in the Midwest. Access Private Capital is the private equity arm of Berkeley Capital Partners.
2 min read · 06 February 2019
TruAmerica Multifamily has acquired Orlando-based Island Club, an apartment community. The price of the acquisition was $64 million.
3 min read · 06 February 2019
Harrison Street, a real estate investment firm focused on the education, healthcare and storage sectors, has named Briana Succop as vice president of its client services and marketing team. Most recently, she was vice president at Abacus Capital Group.
2 min read · 05 February 2019
Brookfield Asset Management has closed its latest flagship global private real estate fund, raising $15 billion in committed capital. Brookfield Strategic Real Estate Partners III, the Canadian alternative asset manager’s largest private fund to date, exceeded its target of $10 billion. In all, 150 limited partners backed the fund, including pension plans, sovereign wealth funds, financial institutions, endowments and foundations, family offices, and investors from Brookfield’s private wealth channel. Brookfield committed $3.75 billion. BSREP III has so far deployed $5 billion to 10 global real estate investments.
2 min read · 01 February 2019
Austin, Texas-based Magnify Capital, a real estate investment firm, has hired Michael Stewart as chief investment officer. Previously, he worked at Castle Hill Partners.
2 min read · 01 February 2019
Toronto-based Avison Young, a commercial real estate services firm, has acquired UK-based GVA, a real estate adviser. No financial terms were disclosed. As a result of the closing, the two companies will combine and operate under the Avison Young brand. Credit Suisse and KPMG LLP provided financial advice to Avison Young on the deal. Avison is backed by Caisse de dépôt et placement du Québec.
6 min read · 01 February 2019
Highbridge Equity Partners has acquired Oakland, California-based Tribune Tower, a local landmark property, from Harvest Properties and True North Management Group. No financial terms were disclosed.
2 min read · 01 February 2019
Cube Capital Partners has made an investment in Village Park Places, a senior living development located in Atlanta's Buckhead neighborhood. No financial terms were disclosed.
1 min read · 31 January 2019
The RMR Office Property Fund has acquired a Richmond, Virginia-based office building for about $56 million. The property is 98 percent leased and includes new four-story parking garage, new roof, new fitness center and cafeteria as well as updated lobbies.
2 min read · 31 January 2019
KKR has acquired an industrial distribution building from Rockefeller Group for $43.5 million. The property is located at Perris, California-based Optimus Logistics Center, an industrial complex.
3 min read · 30 January 2019
