Private Equity
Viking Partners has acquired Bucks Town Corporate Center in Langhorne, Pennsylvania and Forest Park 1 in Charlotte, North Carolina. No financial terms were disclosed. Bucks Town is a five-building office/flex complex while Forest Park 1 is a two-building property.
2 min read · 07 November 2018
Ares Management LP and Specht Development Inc have acquired an industrial facility in Milwaukie, Oregon for $48.5 million. The deal closed October 26, 2018. The property is currently being used as a distribution center for grocery wholesaler and retailer SUPERVALU, which will continue to occupy the facility.
3 min read · 07 November 2018
Revetas Capital Advisors, a real estate investment management firm focused on Central and Eastern Europe and Cerberus Capital Management LP have acquired Bucharest, Romania-based Project Marina, an office complex. No financial terms were disclosed.
3 min read · 06 November 2018
Soaring Pine Capital has provided a $3.425 million loan to Ace Investment Group. The financing will be used to rehabilitate three Detroit-based apartment complexes.
2 min read · 05 November 2018
Citymark Capital and InterCapital Group has acquired Houston-based Thornbury Apartments, a 408-unit apartment community. No financial terms were disclosed.
2 min read · 05 November 2018
Prologis, a real estate company and real estate investor Ivanhoé Cambridge have formed an $890 million joint venture in Brazil. Prologis Brazil Logistics Venture will develop and operate logistics real estate in Brazil, specifically in São Paulo and Rio de Janeiro.
3 min read · 05 November 2018
Domio, a travel tech platform, has acquired Reserve Rentals for $1.4 million. Chicago-based Reserve Rentals primarily offers two and three-bedroom leisure and business travel rentals in the Loop, South Loop and Gold Coast neighborhoods. Domio is backed by Tribeca Venture Partners, SoftBank Capital NY and Loric Ventures.
3 min read · 31 October 2018
The Praedium Group has acquired Pompano Beach, Florida-based Luzano Apartments, which consists of nineteen, three-story apartment buildings and a clubhouse/leasing center. No financial terms were disclosed.
2 min read · 31 October 2018
LatAm Logistics Properties, which acquires and owns industrial properties in Costa Rica, Peru and Colombia, has raised $77 million in funding. Jaguar Growth Partners LLC arranged the funding.
3 min read · 30 October 2018
Angelo Gordon, an alternative investment firm focused on credit and real estate investing, today has named Paul Lewis as director of European net lease real estate. Previously, he worked at CBRE Capital Advisors where he was head of European corporate capital markets.
2 min read · 30 October 2018
