Private Equity
Vista Investment Group, a real estate investment firm, has acquired Silicon Valley-based Vasona Technology Park, an office campus, for $113 million. Vista Investment Group made the acquisition with an unnamed institutional money management firm.
3 min read · 10 January 2018
Citymark Capital and InterCapital Group have agreed to acquire Las Vegas-based Vintage Pointe, a 368-unit apartment community. No financial terms were disclosed.
2 min read · 09 January 2018
San Francisco-based AlphaFlow, an automated alternative investment platform for real estate, has appointed Chris Woida as co-chief investment officer. Previously, Woida was managing director and head of index solutions at Axioma. AlphaFlow's backers include Resolute Ventures, Point72 Ventures, Upside Partnership, Social Capital, Y Combinator, Clocktower Technology Ventures, an affiliate of Drobny Capital and Red Swan Ventures.
2 min read · 09 January 2018
ADM Capital Europe LLP's Cibus Fund has acquired an Australian almond orchard. No financial terms were disclosed. Kains Lawyers and PWC advised ADM on the transaction.
2 min read · 09 January 2018
Pacific View Asset Management LLC and Argonaut Investments have launched the PVAM Argonaut Property Fund LP, a real estate investment fund. The target is $50 million. So far, the fund has raised $30 million. PVAM Argonaut Property Fund will invest in neighborhood and community necessity-based anchored shopping centers and other related investments.
2 min read · 09 January 2018
StepStone Group Real Estate LP, a real estate investment firm, has agreed to acquire Cleveland-based Courtland Partners Ltd, a real estate adviser. No financial terms were disclosed. The transaction is expected to close by the end of March 2018.
4 min read · 09 January 2018
Zenith Energy, which is backed by Warburg Pincus, has agreed to acquire a liquids storage terminal facility in Hamburg, Germany from Royal Dutch Shell plc. No financial terms were disclosed. The deal is expected to close in the first half of this year.
3 min read · 08 January 2018
Chicago-based Heitman LLC, a global real estate investment manager, has acquired Old Mutual's 50 percent ownership stake in the company for $110 million. As a result of the transaction. Heitman now has a 100 percent ownership stake in its company.
2 min read · 08 January 2018
Harrison Street Real Estate Capital LLC has agreed to acquire a portfolio of six student housing properties in Germany from MPC Capital AG. No financial terms were disclosed. The portfolio consists of more than 1,000 beds and will serve university students in Berlin, Bonn, Kaiserslautern, Leipzig and Nuremberg.
3 min read · 05 January 2018
Starwood Property Trust has agreed to acquire multifamily affordable housing portfolio in Florida comprised of 28 properties and 6,185 units for approximately $600 million. The first phase, comprising 1,740 units, closed late in December 2017. Starwood Property Trust expects to complete the remaining phases of the deal by the end of the second quarter this year.
2 min read · 04 January 2018
