Private Equity
KKR and Parkway Property Investments have acquired 1111 Brickell, a 30-story office tower in Miami's Brickell neighborhood. No financial terms were disclosed. Square Mile Capital Management LLC originated the acquisition financing.
2 min read · 15 June 2018
Capital Square 1031 has acquired a Jacksonville, Florida-based office property. No financial terms were disclosed. Matt Bear, founder and CEO of Bear Real Estate Advisors, represented Capital Square 1031 on the deal.
2 min read · 13 June 2018
Noble Investment Group has acquired the 191-room Westin Reston Heights, a hotel in Reston, Virginia. No financial terms were disclosed.
2 min read · 13 June 2018
Pacific Avenue Capital Partners has sold a Texas-based three-building industrial distribution portfolio to Mitchell Asset Group Inc. No financial terms were disclosed. Currently, the properties are fully occupied by Guardian Building Products, which was acquired by PACP in April 2018.
2 min read · 12 June 2018
Hunter Street Partners and Mana Investments have acquired Livermore, California-based Sunset Office Plaza, an office park. No financial terms were disclosed.
2 min read · 12 June 2018
Colony NorthStar, a real estate and investment management firm, will change its name to Colony Capital. As part of the name change, the company will continue to trade on the New York Stock Exchange but under the new ticker symbol "CLNY." Also, Colony NorthStar Credit Real Estate Inc, a commercial real estate credit REIT, will change its name to Colony Credit Real Estate; however its ticker will remain "CLNC." The name changes will become effective June 25, 2018.
3 min read · 12 June 2018
Oaktree Capital Group has acquired 400 South Tryon in Charlotte, North Carolina, for $133.5 million. The sellers were DRA Advisors LLC and Trinity Capital Advisors. The property consists of an office tower and a parking garage.
2 min read · 11 June 2018
JLL Income Property Trust has acquired Plano, Texas-based Villas at Legacy, an apartment community. No financial terms were disclosed.
2 min read · 11 June 2018
JCR Capital, an investment firm focused on middle-market commercial real estate investments, has hired Bryan Antman as managing director. Previously, Antman was a principal at Argosy Real Estate, an arm of Argosy Capital.
2 min read · 11 June 2018
Larson Capital has raised $14.9 million for its fifth fund, according to an updated SEC filing. No target was listed on the document. Based in St. Louis, Missouri, Larson Capital invests in commercial office and industrial buildings.
1 min read · 11 June 2018