Private Equity
NBK Capital Partners has raised $75 million for its real estate fund. The fund's limited partners include regional institutions, pension funds and family offices. Based in Dubai, NBKCP is a growth capital provider to companies in the MENA region.
3 min read · 07 February 2018
Cardone Capital, a private equity real estate firm focused on the multifamily housing sector, has acquired Houston, Texas-based Woodway Square, a 507-unit apartment complex. No financial terms were disclosed. Cushman Wakefield was the agent on this deal.
1 min read · 07 February 2018
Spirit Bascom Ventures LLC has acquired Tribeca at Camp Springs, a residential community in Camp Springs, Maryland. No financial terms were disclosed. CIT provided the debt funding to refinance the property. Spirit Bascom Ventures is a joint venture between Spirit Investment Partners LLC and The Bascom Group.
3 min read · 07 February 2018
Irvine, California-based Granite Investment Group, a commercial real estate-focused investment management firm, has named Ken Hocker as president. Previously, Hocker was an executive vice president at Los Angeles-based Vintage Real Estate, a national real estate investment firm.
2 min read · 05 February 2018
Carmel Partners has acqired Plainsboro, New Jersey-based Hunters Glen, an 896-unit garden apartment complex. No financial terms were disclosed.
3 min read · 01 February 2018
Mesa West Capital has provided Chicago-based real estate developer Sterling Bay with $48 million in mortgage debt to refinance The Talbott Hotel, a boutique lifestyle hotel, also in Chicago. Included in the financing is $7 million in mezzanine debt.
2 min read · 31 January 2018
San Francisco and Austin-based Juniper Square, a real estate tech firm, has secured $6 million in Series A funding. Felicis Ventures led the round.
3 min read · 31 January 2018
StepStone Real Estate said Jan. 31 that it recapped a portfolio of seven community shopping centers in partnership with NREP. The value of the transaction was 1.4 billion DKK ($234.3 million). Nykredit provided debt financing. The properties, located in greater Copenhagen and Aarhus, are moderate-size grocery-anchored shopping centers that include other necessity-retailers such as pharmacies and medical offices, as well as experiential based retailers such as fitness centers, and food and beverage outlets.
3 min read · 31 January 2018
Harrison Street Real Estate Capital and Crosslane Property Group UK Limited have formed a joint venture. The JV will focus on developing a portfolio of student housing properties in the UK.
2 min read · 30 January 2018
Las Vegas-based Bear Real Estate Advisors LLC, a real estate investment firm, has launched. Matt Bear is serving as founder and CEO. Bear is a former vice president at CBRE and ex-principal with Avison Young.
2 min read · 29 January 2018
