Private Equity
Virtua Partners has acquired a 22-acre parcel in the Phoenix area. The price of the acquisition was $3.11 million. Quyp Development will rezone the land for residential and commercial uses.
1 min read · 28 March 2018
Merced Capital has raised over $32 million for its debut real estate fund, according to an SEC filing. Based in Minnetonka, Minnesota, Merced is an investment adviser focused on alternative investment strategies.
1 min read · 27 March 2018
JCR Capital, an alternative investment manager focused on middle-market commercial real estate investments, has hired George Rupp as managing director of capital formation. Previously, he worked at Kayne Anderson Capital Advisors where he was a senior member of the institutional client relations and business development group.
2 min read · 27 March 2018
Crystal View Capital, a private equity real estate investment firm, has named Andrew Sclater-Booth as chief financial officer. Previously, he was M&A director for an unidentified family-owned private equity firm.
2 min read · 27 March 2018
Private equity real estate firm Moonwater Capital has acquired Montecito Tower, a high-rise office building in Las Vegas. The price of the acquisition was $41 million.
3 min read · 26 March 2018
Brennan Investment Group and GCC-based Sidra Capital has recapitalized a 11-property, multi-state industrial portfolio for $159.2 million. Holliday Fenoglio Fower LP represented the buyers and the seller, a joint venture between Brennan Investment Group, Arch Street Capital Advisors LLC and Gatehouse Financial Group Limited. The portfolio comprises properties in Georgia, Illinois, Michigan, Minnesota, Ohio, Pennsylvania and Texas.
5 min read · 23 March 2018
AndMark Management Company and Trinity Multifamily have acquired Warner Robins, Georgia-based Summerfield at Northlake, a 115-unit property. No financial terms were disclosed. Trinity Multifamily will manage the property.
2 min read · 22 March 2018
Larson Capital has raised $10.23 million for its fifth fund, according to the most 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 · 22 March 2018
Alexandria Real Estate Equities Inc, a real estate investment trust focused on collaborative life science and technology campuses in AAA innovation cluster locations, has named Stephen A. Richardson and Peter M. Moglia as co-chief executive officers. Their appointments become effective April 23, 2018. Richardson joined Alexandria in 2000 and has served as the company's chief operating officer since 2011 while Moglia joined the company in 1998, most recently serving as chief investment officer.
4 min read · 22 March 2018
Spirit Realty Capital Inc, a real estate investment trust, has named Michael Hughes as executive vice president and chief financial officer. Hughes will begin at Spirit on April 1, 2018. Previously, he worked at FelCor Lodging Trust where he was executive vice president, chief financial officer.
3 min read · 22 March 2018
