ElmTree Funds and China Life recap Elm Tree's neat lease portfolio
ElmTree Funds, a private equity real estate firm, has teamed up with China Life, a Chinese financial insurance company, to recapitalize an existing ElmTree net lease portfolio for $950 million. The portfolio assets are build-to-suit properties that are mostly leased to investment grade tenants. Hodes Weill Securities LLC provided financial advice to ElmTree Funds on the transaction.
23 May 2017•3 mins read
