Private Equity
Noble Investment Group has acquired Secaucus, New Jersey-based Marriott Secaucus Meadowlands, an extended stay hotel. No financial terms were disclosed.
3 min read · 31 July 2018
Lexerd Capital Management LLC has acquired Augusta, Georgia-based Center West Villas, a multifamily property. No financial terms were disclosed. The property, which consists of 20 two-story buildings, will be renamed Pinewood at National Hills.
2 min read · 30 July 2018
Capital Square 1031 has acquired Marietta, Georgia-based Ivy Commons Apartments, a 344-unit, garden-style multifamily community. No financial terms were disclosed.
3 min read · 26 July 2018
Chicago-based CA Ventures, a real estate investment holding company, has expanded its European team in the with two new hires. Carlo Matta will head the new London-based European division of CA Ventures while Olaf Henschen will serve as managing director for developments in the Netherlands.
4 min read · 26 July 2018
Heitman, a real estate investment management firm, has closed its Asia-Pacific fund at $338 million, beating its $250 million target. So far, Heitman Asia-Pacific Property Investors has made commitments to investments in Tokyo, Melbourne and Hong Kong.
2 min read · 26 July 2018
Realm Group LLC, a joint venture between Realm Estate LLC and The Bascom Group LLC, has acquired a 1.7-acre parcel of land in downtown Los Angeles for $24.25 million. The site is planned for the development of a 33-story, 452-unit high rise multifamily community.
4 min read · 26 July 2018
Spirit Bascom Ventures has acquired 1024 Clinton Street, a multifamily property in Hoboken, New Jersey. The seller was an unnamed family owner. The price of the transaction was for $17.65 million.
3 min read · 25 July 2018
Jadian Capital, a real estate investment firm, has named Andrew Fredman and James Walker as partners. Fredman and Walker previously worked at Fir Tree Partners where both were managing partners.
3 min read · 24 July 2018
Lingerfelt CommonWealth Partners LLC and CrossHarbor Capital Partners LLC have acquired a Kansas City, Missouri-based office tower. No financial terms were disclosed. Currently, the property is about 73 percent occupied and is the corporate headquarters of law firm Lathrop Gage.
3 min read · 20 July 2018
Sterling Organization, a private equity real investment management and services firm, has closed its third value-add retail real estate fund at $495 million, beating its $450 million target. The limited partners of Sterling Value Add Partners III LP include domestic endowments, foundations, private and public pension plans, fund of funds and large family offices. The fund will target grocery-anchored shopping centers, street retail, power centers and mixed-use properties in major markets across the United States.
2 min read · 19 July 2018
