Private Equity
Soma Capital Partners has acquired a Sacramento-based office tower. The price of the transaction was $45.5 million.
2 min read · 28 November 2017
SteelWave and Invesco Real Estate have acquired the former Los Angeles Times printing facility. No financial terms were disclosed.
4 min read · 27 November 2017
Jernigan Capital has invested $12.6 million in a St. Paul, Minnesota-based self-storage project. Construction is expected to begin in the second quarter of 2018 and to be completed in the second quarter of 2019. Cascade Storage Partners LLC is serving as the developer of the proposed project.
2 min read · 27 November 2017
New York City-based Arel Partners, a real estate investment firm, has raised $39.4 million for its maiden fund, according to an SEC filing. No target was listed on the document. Arel is focused on multifamily properties in large metropolitan markets.
1 min read · 22 November 2017
Chicago-based CA Ventures, a real estate investment holding company, has appointed Nishant Bakaya as chief investment officer. Previously, Bakaya worked at Evercore Partners where he was co-head of real estate private capital.
2 min read · 21 November 2017
Lantower Residential has acquired Orlando, Florida-based Lantower Grande Pines, an apartment community. The seller was Picerne Real Estate Group. No financial terms were disclosed.
2 min read · 21 November 2017
Strategic Storage Trust IV Inc, a real estate investment trust backed by SmartStop Asset Management LLC, has acquired a Texas-based 480-unit self-storage facility. No financial terms were disclosed.
2 min read · 20 November 2017
Larson Capital has raised $7.18 million for its fifth fund, according to its latest 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 · 20 November 2017
Ten Capital Management, a real estate investment management firm, has sold its stake in Monroeville, Pennsylvania-based Miracle Mile Retail Center to M&J Wilkow, in a joint venture with ALTO Real Estate Funds. The property's majority owner was Pearson Partners. No financial terms were disclosed.
2 min read · 20 November 2017
Mainstreet Health Investments has agreed to acquire New York City-based Care Investment Trust LLC, a owner of senior housing and care properties. The seller is Tiptree Inc. The price of the acquisition is $425 million.
6 min read · 17 November 2017
