Private Equity
Heitman LLC, a real estate investment management firm, has acquired a Berlin residential property as well as a seven-property portfolio in Southern Germany, for 31 million euros. The portfolio includes 239 residential units totaling more than 14,000 square meters, one commercial unit, and 42 parking spaces.
2 min read · 14 May 2018
Colliers International Group has agreed to acquire 75 percent of Chicago-based Harrison Street Real Estate Capital LLC, a real estate investment firm, for $450 million. The deal is expected to close in the third quarter of this year. Berkshire Capital provided financial advice to Harrison Street on the transaction while Three Ocean Partners did likewise for certain of Harrison Street’s shareholders.
4 min read · 14 May 2018
Heartland Capital Partners LLC has launched a $25 million private equity commercial real estate fund. Heartland Income Properties LLC will focus on commercial real estate mostly located in the Midwest. Based in Scottsdale, Arizona, Heartland Capital is a portfolio manager of commercial real estate.
2 min read · 14 May 2018
Jernigan Capital Inc, a real estate investment trust, has named Jonathan Perry as executive vice president and chief investment officer. His appointment begins on or about June 10, 2018. Perry worked at CubeSmart where he most recently served as senior vice president and chief investment officer.
3 min read · 14 May 2018
KKR has increased its investment in Toorak Capital Partners to $250 million from its initial $75 million commitment in 2015. Toorak invests in small balance real estate loans throughout the U.S. and the U.K., including single family rental loans, commercial and residential bridge loans.
3 min read · 14 May 2018
Trevian Capital and Crown Properties Inc have acquired three multifamily properties for $34.65 million. The properties are located in Elgin, Illinois; Madison, Wisconsin; and Chesterton Indiana.
2 min read · 11 May 2018
National Health Investors Inc has acquired two skilled nursing facilities in Texas for $29 million. NHI will lease the facilities to The Ensign Group Inc. The facilities include a 132-bed SNF in Garland, Texas and a 132-bed SNF in Fort Worth, Texas.
2 min read · 11 May 2018
Platform Ventures has acquired Central Texas-based home builder Scott Felder Homes. No financial terms were disclosed.
2 min read · 10 May 2018
RealtyMogul has invested a total of $4.9 million in two shopping centers. The transactions include $3 million in a Waterbury, Connecticut-based mall and $1.9 million in a retail center located in Orange County, California.
2 min read · 10 May 2018
The PPA Group has sold Waco, Texas-based Arlington Farms, an apartment rental complex, to TTHFD Investments LLC. No financial terms were disclosed. Moses Siller and Scott LaMontagne of JLL represented The PPA Group on the transaction.
3 min read · 10 May 2018
