Private Equity
The former managers of Northwood Securities have formed Jaguar Listed Property, a new asset management company. With minority investments from Jaguar Growth Partners and Hwa Hong Corporation Limited, JLP will focus on publicly-listed real estate companies and operating platforms globally.
5 min read · 23 January 2019
TruAmerica and Tokyu Land US Corp has acquired two Atlanta apartment communities for $127.35 million. The acquired properties are Vinings Corner, a 360-unit community and The Prato, a 342-unit property.
3 min read · 23 January 2019
Elevation Financial Group, a real estate private equity firm, has sold Serenity Apartments at Baton Rouge, a multifamily community. The price of the transaction was $15.5 million.
3 min read · 23 January 2019
Ashford Trust has acquired 310-room Embassy Suites by Hilton New York Midtown Manhattan. The price of the transaction was $195 million.
4 min read · 23 January 2019
Darien, Connecticut-based Portfolio Advisors, a private markets investment specialist, has raised $201 million for its seventh real estate fund, according to an SEC filing. No target was listed in the document.
1 min read · 21 January 2019
Spirit Bascom Ventures has acquired Hoboken, New Jersey-based 30-unit apartment building for $15.5 million. Jamie Leachman of HFF arranged the acquisition financing with Citizens Bank. Spirit Bascom is a joint venture between Spirit Investment Partners LLC and The Bascom Group LLC.
3 min read · 21 January 2019
Tower 16 Capital Partners and Henley USA have acquired San Bernardino, California-based Hillside Village Apartments, an 80-unit multifamily project. The price of the acquisition was $11 million. The seller was not identified.
2 min read · 18 January 2019
Capital Square 1031, a real estate investment and managing firm, has hired Brad Kahan and Ryan Fischer as regional vice presidents, representing sales in the Northwest and Midwest, respectively. Previously, Kahan was vice president of product management at TriLinc Global while Fischer worked EQIS Capital Management Inc where he was regional vice president of sales.
3 min read · 17 January 2019
Brookfield has acquired ECLA Paris, a student housing property located at the University Paris-Saclay Campus, to Harrison Street. No financial terms were disclosed.
2 min read · 16 January 2019
Carnegie-Weinberg, a real estate venture launched by Carnegie Companies Inc and Weinberg Capital Group Inc, has acquired Sangamon Center North Shopping Center in Springfield, Illinois. No financial terms were disclosed.
3 min read · 16 January 2019