Private Equity
GMH Capital Partners LP and AGC Equity Partners have acquired a Sacramento, California-based property, which will be developed into student housing for California State University - Sacramento. No financial terms were disclosed. The development will be named "The Academy on 65th" and is expected to open August 2019.
2 min read · 06 April 2018
AndMark has acquired Lansing, Michigan-based Rivershell Apartments, a garden apartment community. The price of the acquisition was $5.6 million. Trinity Multifamily will manage the property.
2 min read · 06 April 2018
RealtyMogul has invested $11.9 million in Plano, Texas-based multifamily apartment portfolio. The acquisition was made in partnership with Comunidad Realty Partners.
2 min read · 06 April 2018
Harrison Street Real Estate Capital, a real estate investment firm, has hired Albert Yang as a managing director and head of investor relations– Europe. Previously, Yang worked at at Barings Real Estate where he was managing director, client portfolio manager responsible for European capital raising, investor relations and client service.
3 min read · 04 April 2018
ARG Realty Group, an Argentina-based commercial real estate company, has secured $300 million in funding. The backers were Equity International, Goldman Sachs Merchant Banking Division and Centaurus Capital, in partnership with Grupo Pegasus.
3 min read · 04 April 2018
McCann Realty Partners and LEM Capital have acquired Durham, North Carolina-based Discovery on Board Apartments, a 320-home community. No financial terms were disclosed. Pegasus Residential will manage the property.
4 min read · 03 April 2018
Starcrest Capital Partners has closed its second China real estate fund at $276.5 million. The limited partners of Starcrest China Real Estate Fund II include endowments, pensions, banks, asset managers and family offices located throughout North America, Europe and Asia. Atlantic-Pacific Capital was the placement agent.
2 min read · 03 April 2018
Irvine, California-based WNC, an investor in real estate and community development initiatives, has closed WNC Corp. 44 at $135 million. WNC Corp. 44 is an institutional low-income housing tax credit fund.
2 min read · 03 April 2018
ASB Real Estate Investments has sold Infomart Dallas, a data center and office complex, to Equinix Inc. The price of the acquisition was $800 million. DH Capital was financial adviser to ASB on the deal with DLA Piper LLP providing legal advice.
2 min read · 03 April 2018
Hospitality Ventures Management Group has acquired Embassy Suites by Hilton hotels in San Rafael, California and Atlanta, Georgia. The transaction was made via a joint venture for an undisclosed sum. HVMG will operate both hotels.
3 min read · 03 April 2018
