Jaguar Growth Partners Enters U.S. Market With $24 Million Acquisition of Multi Property Residential Platform in New York City
NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) -- Jaguar Growth Partners (“Jaguar”), a privately-held investment management firm specializing in real estate private equity globally, today announced the acquisition of four distinct multi-family buildings in New York City with a combined purchase price and re-development cost of $24 million.
- NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) -- Jaguar Growth Partners (“Jaguar”), a privately-held investment management firm specializing in real estate private equity globally, today announced the acquisition of four distinct multi-family buildings in New York City with a combined purchase price and re-development cost of $24 million.
- For the acquisition, Jaguar partnered with Vinci Partners (NASDAQ: VINP), a leading Brazilian asset manager, and PEAK Capital Advisors , a vertically integrated real estate company focused on acquiring and redeveloping value-add multifamily, office, and mixed-use assets in prime New York City neighborhoods.
- “We are thrilled to announce the close of these acquisitions and the launch of Jaguar’s investment activity in the U.S.,” said Thomas McDonald, Managing Partner and Head of Americas at Jaguar.
- “We believe the U.S. market, and New York City in particular, are poised to continue growing as demographic changes fuel the need for additional housing.