Private Equity
VICI Properties Inc, a real estate investment trust, has secured $2.6 billion in credit facilities. Included in the financing are a five-year $400 million senior credit facility and a seven-year $2.2 billion term loan. Serving as joint lead arrangers and joint bookrunners for the credit facilities were Goldman Sachs Bank USA, Morgan Stanley Senior Funding, Inc, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Barclays Bank PLC, Citigroup Global Markets Inc. and JPMorgan Chase Bank N.A.
3 min read · 26 December 2017
Salross Ltd, a subsidiary of Delsk has acquired the Wicklow Nursing Home project for 9.5 million euros. Based in Ireland, the Nursing Home is a new nursing home development that can accommodate 89 residents.
2 min read · 21 December 2017
Security Properties and Oaktree Capital Management L.P. have acquired Federal Heights, Colorado-based The Lodge, a multifamily property. The price of the acquisition was $46.5 million. Security Properties affiliate Security Properties Residential will manage the property.
3 min read · 21 December 2017
The Bascom Group LLC has acquired Boulder, Colorado-based Boulder View Apartments, an apartment community. The price of the acquisition was $18.97 million.
3 min read · 21 December 2017
Capital Square 1031 has acquired a Tampa, Florida-based 150-square-foot office/research and development building. No financial terms were disclosed.
4 min read · 21 December 2017
Fremont Realty Capital has acquired a 50 percent stake of Atria management's interest in Atria Senior Living, a senior housing provider. Also, Ventas, which backs Atria, has made an additional investment to maintain its stake without dilution. As a result of the the transactions, Ventas owns a 34 percent stake in Atria's management services business with Atria senior executives and Fremont owning 33 percent each, respectively.
4 min read · 21 December 2017
Ardian has agreed to acquire the Munich-based Heinemann Bogen office complex. The seller was a fund managed by Corpus SIREO Real Estate Sireo, which is owned by Swiss Life Asset Managers. No financial terms were disclosed. BNP Paribas Real Estate, Herbert Smith Freehills, Beiten Burkhardt and REC Partners served as advisers on the deal.
3 min read · 20 December 2017
Virtua Partners has acquired two Arizona properties: Bennett Meadows, a 28-acre infill residential property in Goodyear; and The Villa De Paz Golf Club, an 18-hole facility located in West Phoenix. No financial terms were disclosed.
2 min read · 20 December 2017
Peter Falco, a co-founder and senior managing partner at Rockwood Capital, will transition to senior strategic adviser. His appointment becomes effective January 2018. Also, Rockwood has hired Alexia Gottschalch as a managing director and global head of client strategy.
3 min read · 19 December 2017
MG Properties Group has acquired two properties: Beaumont Apartments in Woodinville, Washington and Newberry Square Apartments in Lynnwood, Washington. The total price of the acquisitions was about $132.8 million.
2 min read · 19 December 2017
