Boston-based GID Investment Advisers, on behalf of the giant California pension, has purchased The Ashley and The Aldyn from a partnership between The Carlyle Group and Extell Development.
2 min read · 27 August 2013
The Salt Lake City-based fund manager has raised $323 million on behalf of its Real Estate Opportunity Capital Fund II, which is targeting multifamily assets throughout the western and southern US.
2 min read · 27 August 2013
With leverage, the Sares-Regis Multifamily Fund will have $300 million in buying power to invest in value-added properties primarily in coastal California, Seattle, Denver, Portland and Phoenix.
2 min read · 27 August 2013
The Toronto-based asset manager has purchased 4,892 units in North Carolina, South Carolina and Virginia on behalf of its global real estate opportunity fund.
1 min read · 27 August 2013
The public-private partnership between the FDIC and a consortium of private real estate investors, including Starwood and TPG, is selling a portfolio of 13 US multifamily properties across eight states.
2 min read · 27 August 2013
The Toronto-based alternative asset manager and its multifamily subsidiary jointly raised capital for the US-focused value-add fund, attracting investors that included CalSTRS and Australia’s Future Fund.
2 min read · 17 January 2013
The New York-based real estate firm has purchased a two-tower, 891-unit multifamily complex out of bankruptcy for $168 million. The property’s debt stack was approximately $215 million.
2 min read · 17 January 2013
The Boston-based private equity real estate firm will maintain its majority stake in the nine-property, 5,500-unit portfolio after selling a 25 percent stake to the Kushner Companies.
1 min read · 17 January 2013
The Atlanta-based firm has raised 20% of its second co-investment vehicle’s target. Through the fund, it plans to be a minority partner in JV acquisitions.
1 min read · 17 January 2013
The New York-based investment manager has partnered with McLean, Virginia-based Kettler to develop a 411-unit luxury multifamily property in northern Virginia’s Pentagon City for $154 million.
2 min read · 17 January 2013