The private equity giant has joined with Seattle-based senior-living operator Emeritus Corporation to acquire a 25-asset, assisted-living portfolio for $190m.
The US investment bank has taken a stake in an upper scale residential developer for its third special situations fund.
San Francisco-based Belveron Real Estate Partners will target interests in funds, single asset partnerships and mezzanine debt positions.
The move comes on the heels of departures of key executives from the La Jolla, California-based Pacific Corporate Group, which advises the pension system.
The partnership will allow the Texas-based real estate investor, which made its first buy outside the US earlier this year, to ramp up its European presence, and represents a move toward a more opportunistic real estate strategy for Hamburg-based HCI.
Italian real estate firm Pirelli RE is teaming up with the property funds at Morgan Stanley and Deutsche Bank in its €462m German residential and retail deal.
Through its partnership with New York-based Brookfield Properties, the private equity giant has taken one of North America’s largest office landlords private and intends to expand its CarrAmerica platform on the West Coast.
In its first deal since formation, the fledgling private equity real estate company is teaming up with a Danish developer for a residential project in Copenhagen.
Philadelphia-based value-added investor BPG Properties bought the complex in a suburb of St. Louis, Missouri and plans a $5 million overhaul.
The private equity real estate firm run by BET founder Robert L. Johnson has sold four hospitality properties in California less than two years after it acquired them.