Private Equity
Citymark Capital and TruAmerica Multifamily has acquired Orlando-based Central Park Apartments, a gated apartment community. No financial terms were disclosed.
3 min read · 17 January 2018
Casoro Capital, a real estate-focused private equity and family office, has appointed Joy Schoffler as its chief strategy officer. Previously, Schoffler worked at The PPA Group, the parent company of Casoro Capital, where she served as director of acquisitions.
3 min read · 16 January 2018
Brennan Investment Group and a client of Arch Street Capital Advisors LLC have acquired a 477,152 square foot single-tenant distribution facility in Canton, Georgia. Currently, the property is occupied by internet furniture retailer Belnick. No financial terms were disclosed.
3 min read · 16 January 2018
Orion Real Estate Partners has acquired Austin-based Triple Crown 2 Apartments, an apartment community. No financial terms were disclosed.
2 min read · 15 January 2018
American Academic Health System LLC and Harrison Street Real Estate Capital LLC have acquired a portfolio of four medical office buildings and a parking garage on the Hahnemann University Hospital campus. Also, American Academic and Harrison Street Real Estate Capital have acquired parking facilities at St. Christopher’s Hospital for Children. No financial terms were disclosed.
4 min read · 12 January 2018
Baceline Investments has acquired Kansas City-based Piper Plaza, a neighborhood shopping center, for $6.3 million. The seller was an unnamed Kansas City-based investment firm. Also, the real estate investment firm sold Indianapolis-based Madison & Edgewood Shoppes, a retail center for $4.3 million to an unidentified New York investor.
2 min read · 11 January 2018
Aurelie Capital, a new real estate private equity firm, has acquired Millspring Commons, a 159-unit apartment home community in Richmond, Virginia for $20.6 million. Newport News, Virginia-based property management firm Drucker & Falk will assist Aurelie in the property's construction management, repositioning and leasing.
3 min read · 11 January 2018
Clarion Partners, a real estate investment management firm, has named Donald Sheets as a managing director. The appointment was made as a result of Clarion's acquisition of AlumCreek Holdings LLC, a private equity firm focused on special situation commercial real estate investments that was formed by Sheets.
2 min read · 11 January 2018
Lowe Enterprises Investors has acquired a 26-building portfolio of industrial and office buildings from AIC Ventures. No financial terms were disclosed. Known as the NL Ventures IX Portfolio, the properties are located in 16 states, with the largest concentrations in Connecticut, Illinois, Ohio, Minnesota, Wisconsin, Texas and New Jersey.
4 min read · 10 January 2018
RealtyMogul, a commercial real estate private markets investing platform, has named Chris Fraley as chief investment officer. Fraley is a former partner at Rockwood Capital.
2 min read · 10 January 2018