Private Equity
National Health Investors Inc has acquired Tulsa, Oklahoma-based The Country Club of Woodland Hills, an independent living and assisted living community. The price of the transaction was $35.1 million.
2 min read · 04 December 2017
Tikehau Capital has agreed to sell its stake in Paris-based real estate promoter Nafilyan & Partners to Immobel. Banque Degroof Petercam Corporate Finance advised Nafilyan & Partners on the transaction. No financial terms were disclosed.
2 min read · 04 December 2017
Larson Capital has raised $7.28 million for its fifth fund, according to the most updated SEC filing. No target was listed on the document. Based in St. Louis, Missouri, Larson Capital invests in commercial office and industrial buildings.
1 min read · 01 December 2017
Amherst Holdings LLC said Nov. 29 that it has closed the sale of 3,465 single family rental properties to Altisource Residential for $534.9 million. Amherst Single Family Residential will remain the property manager for the 3,465 properties through its subsidiary, Main Street Renewal LLC. Amherst received legal counsel from Skadden, Arps, Slate, Meagher & Flom LLP and Mayer Brown LLP.
4 min read · 30 November 2017
Fifteen Group and Meritage Group LP have acquired Orlando, Florida-based Patterson Court Apartments. The price of the transaction was $68.65 million.
2 min read · 29 November 2017
CBRE Global Investors has raised $1.34 billion for its latest U.S value-added fund. CBRE Strategic Partners U.S. Value 8 has attracted 25 institutional investors in the U.S., Europe, the Middle East and Africa. So far, the fund has invested in high-quality office, multifamily, mixed-use and logistics assets. Ropes & Gray advised CBRE Global Investors on the fund.
2 min read · 29 November 2017
Iron Point Partners has raised $61.02 million for its fourth real estate fund, according to an SEC filing. No target was listed on the document.
1 min read · 29 November 2017
New Residential Investment Corp. has agreed to acquire New York City-based Shellpoint Partners LLC, a mortgage platform. The price of the transaction was about $190 million. Houlihan Lokey Capital Inc is advising Shellpoint on the deal.
3 min read · 29 November 2017
Excel Group has sold four Florida hotels for $58.5 million. The buyer was not identified. Included in the sale are the Hilton Garden Inn Tampa North, the Hilton Garden Inn Oldsmar and the Hampton Inn Oldsmar.
1 min read · 28 November 2017
Canyon Partners Real Estate LLC has provided a $63.5 million senior loan to PHK Development Inc. The capital will be used to fund the construction of a Portland, Oregon-based condominium project. Holliday Fenoglio Fowler LP arranged the financing.
3 min read · 28 November 2017
