Private Equity
PPM America, an investment management firm, has named Mark Kramer as a managing director of its commercial real estate team. Previously, Kramer worked at BlackRock where he was director of the commercial real estate debt group.
3 min read · 02 October 2018
Avison Young, a Toronto-based provider of commercial real estate services, has named Casey Keitchen as a principal. The appointment is effective immediately. Previously, he was a senior vice-president with NAI/Brannen Goddard in Atlanta. Avison is backed by Caisse de dépôt et placement du Québec.
3 min read · 01 October 2018
Security Properties, which is backed by Rockwood Capital, has acquired Avalon Kirkland, a multifamily property in Kirkland, Washington. No financial terms were disclosed.
3 min read · 01 October 2018
Hamilton Zanze, a real estate investment firm, and Cantor Fitzgerald have acquired The Quarters at Towson Town Center, a residential community in Towson, Maryland. The price of the transaction was $100 million.
3 min read · 27 September 2018
Starwood Capital Group has closed its previously announced acquisition of Austrian real estate company CA Immo. No financial terms were disclosed. UBS, Schoenherr Rechtsanwaelte and Cushman & Wakefield advised Starwood Capital on the transaction.
1 min read · 27 September 2018
San Francisco-based Opendoor, an online real estate marketplace, has secured $400 million in funding. The investor was SoftBank Vision Fund.
1 min read · 27 September 2018
Innovatus Capital Partners LLC has acquired Orlando, Florida-based Westwood Corporate Center, a five-building office campus. No financial terms were disclosed.
3 min read · 26 September 2018
Arcapita has acquired a portfolio of senior living properties in Chicago. No financial terms were disclosed. Included in the Chicago portfolio are two continuing care retirement communities.
2 min read · 26 September 2018
Domio, a tech-enabled hospitality company, has formed a joint venture with Upper90, a technology-focused private equity fund. The joint venture will invest $50 million into opening and operating multi-unit buildings for group travel.
3 min read · 25 September 2018
Chapel Hill, North Carolina-based Prudent Growth Partners LLC, a private equity real estate firm, has acquired Wilson, North Carolina-based Briarcliff Apartments. The price of the acquisition was $3.3 million.
2 min read · 25 September 2018
