Private Equity
Navitas Capital has raised $60 million for its second fund. The fund's limited partners included DivcoWest, JLL, Equity Residential and Saint-Gobain. The California-based early-stage venture firm is focused on the real estate and construction sectors.
3 min read · 12 December 2017
Arch Street Capital Advisors has sold 24 properties in 13 states to an unnamed Chinese alternative asset manager. No financial terms were disclosed.
2 min read · 11 December 2017
Virtua Partners has closed its first acquisition fund, which will focus on entry-level and step-up residential properties. Virtua Land Acquisition Fund I will acquire thirteen properties in Arizona for over $22 million.
2 min read · 08 December 2017
CIM Group and Golub & Company have acquired Chicago-based Chestnut Place, a 30-story apartment building with ground floor retail. No financial terms were disclosed.
3 min read · 07 December 2017
Greystar Real Estate Partners has acquired Spain-based Resa, a student accommodation provider. The acquisition was made via a joint venture partnership that includes AXA Investment Managers - Real Assets and CBRE Global Investment Partners. No financial terms were disclosed.
5 min read · 07 December 2017
Capital Square 1031 has acquired a medical office building near Bakersfield, California. No financial terms were disclosed. The building houses Sanderling Renal Services, which provides dialysis services.
2 min read · 07 December 2017
Greystar Real Estate Partners has sold Dallas-based Avana West Lemmon, a luxury apartment community, to The Connor Group. No financial terms were disclosed.
2 min read · 06 December 2017
RESIDE Worldwide, Westbridge Capital's alternative accommodation brand, has acquired Seattle-based ABODA, a provider of housing solutions. No financial terms were disclosed.
3 min read · 05 December 2017
Equistone Partners Europe has agreed to acquire two German prefabricated home manufacturers Bien-Zenker and Hanse Haus from ADCURAM Group AG. No financial terms were disclosed. The deal is expected to close in January 2018.
3 min read · 05 December 2017
Jernigan Capital Inc has invested $8.7 million in a Salem, New Hampshire-based multi-story climate-controlled 719-unit facility. The construction is expected to begin in the first quarter of 2018 and be completed in the fourth quarter of the same year.
2 min read · 04 December 2017
