Private Equity
HASTA Capital and Galium Capital have acquired Renton, Washington-based 95 Burnett, a multifamily property. No financial terms were disclosed.
2 min read · 29 October 2018
New York and Charlotte, North Carolina-based Ribbon, a real estate company, has raised $225 million in funding. The company's investors include Greylock, NFX, Bain Capital Ventures and NYCA.
1 min read · 26 October 2018
Capital Square 1031 has acquired Summit at Bon Air, a Virginia-based 296-unit multifamily property. No financial terms were disclosed.
2 min read · 23 October 2018
Chicago-based Green Courte Partners, a private equity real estate firm, has acquired a portfolio of eight land-lease communities based in Michigan. No financial terms were disclosed.
2 min read · 23 October 2018
Arch Street Capital Advisors has acquired four office buildings in the Minneapolis/St. Paul market. The seller of the portfolio was Ladder Capital. No financial terms were disclosed. The portfolio has served as the headquarters for four state agencies since the mid-1980s.
2 min read · 22 October 2018
Queensgate Investments has acquired Courtyard by Marriott Washington D.C as an add-on for its Generator platform. The price of the transaction was $54.1 million. Brown Rudnick LLP, Ernst & Young and Rockwell Acumen advised Queensgate and Generator on the deal.
3 min read · 22 October 2018
Lantower Residential has acquired Lantower Weston Corners, a multifamily development based in Cary, North Carolina. No financial terms were disclosed.
2 min read · 19 October 2018
Auerbach Funds and Nicas Group Capital have acquired a portfolio of apartment communities in Atlanta and Greensboro, North Carolina. The value of the portfolio is over $13.5 million.
2 min read · 18 October 2018
The Bascom Group has acquired Torrance, California-based Corona Del Norte, an apartment community. The price of the transaction is $6.3 million. East West Bank provided Bascom with an acquisition loan to finance the acquisition.
3 min read · 18 October 2018
MedMen Enterprises said Oct. 18 that it agreed to sell a chunk of its real estate assets to Treehouse Real Estate Investment Trust for about $12.5 million. The three properties included in the deal are MedMen Abbot Kinney, MedMen Beverly Hills and Men Downtown Las Vegas. Treehouse is backed by New England Development, Samuels & Associates and Visconsi Cos in partnership with Stable Road Capital.
7 min read · 18 October 2018