Private Equity
AndMark and Trinity Multifamily have acquired Iowa-based Hidden Bluffs, a property that features one, two- and three-bedroom units, ranging in size from 667 to 1,144 square feet. The purchase was made with a $3.78 million mortgage from Berkadia Commercial Mortgage.
2 min read · 09 May 2018
Prudent Growth Partners LLC has acquired two adjacent Danville, Virginia-based properties: Williamsburg Village Apartments and the Westchester Square Townhomes. The price of the transaction was $6.65 million.
2 min read · 09 May 2018
The Silverfern Group has exited its stake in Tempo Apartments as a result of the latter property's acquisition by an unidentified "large institutional owner of multifamily assets." No financial terms were disclosed. Based in Oxnard, California, Temple is a multifamily community.
2 min read · 09 May 2018
Trinity Investments LLC, Walton Street Capital and Oaktree Capital Management have formed a joint venture and are buying the Hilton Los Cabos Beach & Golf Resort. Financial terms weren’t announced. The Hilton Los Cabos Beach & Golf Resort, of Los Cabos, Mexico, is a 375-room resort.
4 min read · 09 May 2018
Sharestates, an online real estate investment platform, has raised $300 million for its new fund. The fund will provide investors with "increased funding power" for real estate deals.
2 min read · 08 May 2018
The Bascom Group LLC has acquired Costa Mesa, California-based Sunset Cove Apartments, an apartment community. The price of the acquisition was $33.3 million.
3 min read · 08 May 2018
Korea Investment Management Co Ltd has acquired 5 Crescent Drive, a 208,000-square-foot office building in the Navy Yard submarket of Philadelphia, for $130.5 million. The seller was Liberty Property Trust.
2 min read · 08 May 2018
Irvine, California-based Shopoff Realty Investments, a real estate investment firm, has closed its fifth fund at $71 million. The Shopoff Land Fund V will focus on commercial real estate and land assets across the U.S.
2 min read · 07 May 2018
Gemspring Capital has acquired a controlling stake in Boise and Dallas-based A10 Capital, a provider of middle-market commercial real estate loans. Schroders also participated in the investment. A10's previous backers, which include H.I.G. Capital, will retain a "significant" minority stake in the company.
4 min read · 03 May 2018
Baceline Investments has acquired two shopping malls for $7.1 million. Included in the deal were St. Louis-based Grand Marketplace and Tucson, Arizona-based Cortario Crossings.
2 min read · 03 May 2018
