Almanac Realty Investors overview
Stories about Almanac Realty Investors
Centerbridge Forms Carefree to Buy Destination RV Resorts
Centerbridge Partners has acquired National RV Communities, which owns and operates 61 destination recreational vehicle resorts and senior manufactured housing communities. Almanac Realty Investors was the seller. Financial terms were not announced. As a result of the deal, Centerbridge has formed Carefree Communities to own and operate destination RV resorts and senior MH communities. Carefree has completed three more deals: Sun-N-Fun RV Resort in Sarasota, Fla., Sherkston Shores RV Resort in Port Colborne, Ontario, and Regency Heights in Clearwater, Fla.; and acquired a leasehold interest in a fourth property, Tropical Palms RV Resort in Kissimmee, Fla. Carefree now has an aggregate asset value of approximately $650 million. KeyBank Capital Markets provided financial advice to NRVC. GE Capital, JP Morgan Chase & Co. and KeyBank NA provided financing to Carefree.
Almanac Realty Investors contact information
Offices
Contacts
| Name | Job title | Location | |
|---|---|---|---|
| Key Contact | Job titleVP, Capital Raising & Investor Relations | LocationNew York, United States | Email |
| Key Contact | Job titlePartner | LocationNew York, United States | Email |
Job titleChief Financial Officer and Managing Director | LocationNew York, United States | Email | |
Job titleGeneral Counsel & Managing Director | LocationNew York, United States | Email | |
Almanac Realty Investors funds managed
Closed funds: 1
| Fund | Fund size | Close date | Strategy |
|---|---|---|---|
Fund size | Close dateNov 2024 | Strategy | |
Stories that mention Almanac Realty Investors
Side Letter: Illiquidity premium erosion
Private equity’s liquidity premium appears to be eroding at a faster rate than ever before. Plus: a UK pension giant is pumping more into PE; and a German LP gets a new CIO. Here's today's brief, for our valued subscribers only.
ACRE gathers $325m for inaugural credit fund
Asia Capital Real Estate, a real estate private equity firm, has closed its debut credit fund at over $325 million, beating its $300 million target.
SK Capital taps Cattier as general counsel and CCO
SK Capital Partners has named Jennifer Cattier as general counsel and chief compliance officer.
Deep Dive: Better dealmaking through data
Savvy sponsors are increasingly using data science to improve outcomes – from deal origination to due diligence and value creation.
Side Letter: Remote fund commitments, Dunkin' Dyal, SoftBank bruised
So much for the "new normal" of remote working; LPs seem unlikely to make commitments to any new manager without sitting down and breathing the same air. Here's today's brief for our valued subscribers only.
Side Letter: Texas Muni's European plan, Vanguard's arrival, Temasek on GPs
Vanguard just sailed into PE's harbour, but it looks like it comes in peace. Plus: A US public pension's plans for Europe, sub lines in a downturn and how Temasek views its PE partners. Here’s today's brief, for our valued subscribers only.
Almanac raises $2.26bn
The New York-based firm has held a final close on its largest private equity real estate vehicle.
StepStone to provide up to $87.5 mln in HRI
StepStone has agreed to invest up to $87.5 million in HRI Properties. Robert W. Baird & Co. provided financial advice to HRI on the transaction. Based in New Orleans, HRI is a diversified real estate company.