Ivanhoé Cambridge buys U.S. real estate PE firm Callahan
Ivanhoé Cambridge has acquired Callahan Capital Properties, a Chicago-based real estate private equity firm. No financial terms were released. Founded in 2006, Callahan focused on acquiring and managing office properties in major U.S. cities. Ivanhoé has partnered with the firm since 2012, helping to expand office property assets to more than US$10 billion. Ivanhoé, the real estate investment arm of Caisse de dépôt et placement du Québec, said bringing on Callahan's team of professionals will support next steps in its U.S. office strategy.
20 September 2018•2 mins read
