CrossHarbor Capital Partners

DJM and PGIM Acquire Bridgeside Shopping Center

Retrieved on: 
Martedì, Giugno 21, 2022

DJM Capital Partners, a California-based private equity real estate developer, owner, and manager, today announced that it has closed on the Bridgeside Shopping Center in Alameda, California.

Key Points: 
  • DJM Capital Partners, a California-based private equity real estate developer, owner, and manager, today announced that it has closed on the Bridgeside Shopping Center in Alameda, California.
  • The deal is in conjunction with financial partner PGIM; the acquisition marks the third partnership between PGIM and DJM, which will serve as the propertys operating manager.
  • PGIM and DJM are currently partners at Bella Terra, a 852,000-square-foot, mixed-used lifestyle center located in Huntington Beach, California and also at Long Beach Exchange (LBX), a 246,500-square-foot, grocery-anchored retail center in Long Beach, California.
  • PGIM Real Estate is a business of PGIM, the $1.5 trillion global asset management business of Prudential Financial, Inc. (NYSE: PRU).

DGAP-News: 777 Capital Partners takes over asset management of a serviced apartment building in central Munich and secures NUMA as long-term tenant

Retrieved on: 
Lunedì, Giugno 20, 2022

777 Capital Partners AG (777 Capital Partners) is taking over the asset management of a serviced apartment property with 55 rooms and a rental area of approximately 1,500 square meters in a central location in Munich.

Key Points: 
  • 777 Capital Partners AG (777 Capital Partners) is taking over the asset management of a serviced apartment property with 55 rooms and a rental area of approximately 1,500 square meters in a central location in Munich.
  • As for the property in Frankfurt, 777 Capital Partners was able to secure the internationally active NUMA Group (NUMA) as long-term tenant.
  • NUMA took over the operation of the serviced apartment in Rosenheimer Strasse from the previous operator JOYN on June 1st.
  • Thomas Landschreiber, partner and co-founder of 777 Capital Partners: "We are taking over the asset management of a promising serviced apartment complex in an absolutely prime location.

Sabal Capital Partners Welcomes 11 New Hires to Support Loan Pipeline Growth

Retrieved on: 
Lunedì, Maggio 2, 2022

Notable new hire Ann Atkinson joins Sabal Capital Partners as small balance loan and market real estate production manager.

Key Points: 
  • Notable new hire Ann Atkinson joins Sabal Capital Partners as small balance loan and market real estate production manager.
  • Ed Hussey, formerly head of agency lending at Sabal, is moving into the role of head of conventional agency lending.
  • These new additions reflect continued momentum as Sabal Capital Partners and Regions Bank offer a distinctive blend of customized insights and leading-edge technology to meet the specialized needs of clients.
  • Sabal Capital Partners keeps brokers and borrowers ahead of the curve with comprehensive debt solutions encompassing both agency and non-agency options.

Innovatus Capital Partners Acquires Three State-of-the-Art Office Towers in High-Growth Area Near Seattle; LPC West to Provide Property Management Services

Retrieved on: 
Martedì, Aprile 19, 2022

LPC West, the West Coast arm of national real estate firm Lincoln Property Company, has been retained to provide property management services.

Key Points: 
  • LPC West, the West Coast arm of national real estate firm Lincoln Property Company, has been retained to provide property management services.
  • Innovatus is proud to add Triton Towers to our portfolio as it embodies another durable asset with optionality through a mixed-use density plan.
  • In December 2021, Innovatus acquired The Pinnacle, a five-story office building in the heart of Rancho Bernardo, with LPC West onboard to provide property management services.
  • Innovatus Capital Partners, LLC, is an independent adviser and portfolio management firm with approximately $1.7B in assets under management.

Arch Street Capital Extends Reach Into Europe with London Office

Retrieved on: 
Martedì, Aprile 19, 2022

NEW YORK, April 19, 2022 /PRNewswire/ -- Arch Street Capital Advisors ("Arch"), a New York headquartered real estate investment advisory firm founded in 2003, has opened a London office in Mayfair as part of an initiative to extend its reach from U.S. to European commercial real estate investments.

Key Points: 
  • NEW YORK, April 19, 2022 /PRNewswire/ -- Arch Street Capital Advisors ("Arch"), a New York headquartered real estate investment advisory firm founded in 2003, has opened a London office in Mayfair as part of an initiative to extend its reach from U.S. to European commercial real estate investments.
  • Arch has a flexible capital mandate and will look to acquire assets directly, recapitalize opportunities, and establish programmatic joint ventures.
  • The office will be headed by Managing Director, Richard Ellis, who has extensive experience investing in commercial real estate throughout Europe.
  • For more information visit: www.archstreetcapital.com
    View original content to download multimedia: https://www.prnewswire.com/news-releases/arch-street-capital-extends-rea...
    SOURCE Arch Street Capital Advisors, LLC.

Arch Street Capital Extends Reach Into Europe with London Office

Retrieved on: 
Martedì, Aprile 19, 2022

NEW YORK, April 19, 2022 /PRNewswire/ -- Arch Street Capital Advisors ("Arch"), a New York headquartered real estate investment advisory firm founded in 2003, has opened a London office in Mayfair as part of an initiative to extend its reach from U.S. to European commercial real estate investments.

Key Points: 
  • NEW YORK, April 19, 2022 /PRNewswire/ -- Arch Street Capital Advisors ("Arch"), a New York headquartered real estate investment advisory firm founded in 2003, has opened a London office in Mayfair as part of an initiative to extend its reach from U.S. to European commercial real estate investments.
  • Arch has a flexible capital mandate and will look to acquire assets directly, recapitalize opportunities, and establish programmatic joint ventures.
  • Arch will also look to execute on cross border portfolio transactions between the U.S. and Europe.
  • The office will be headed by Managing Director, Richard Ellis, who has extensive experience investing in commercial real estate throughout Europe.

Sabal Capital Partners Closes $264 Million in Multifamily Loans in First Quarter of 2022

Retrieved on: 
Martedì, Aprile 5, 2022

Sabal continues to address borrower needs within the affordable and workforce housing sector and our Q1 pipeline reflects that, says Ed Hussey, head of agency lending for Sabal Capital Partners.

Key Points: 
  • Sabal continues to address borrower needs within the affordable and workforce housing sector and our Q1 pipeline reflects that, says Ed Hussey, head of agency lending for Sabal Capital Partners.
  • The 80 loans do not include transaction activity for the remaining, combined Sabal Capital Partners and Regions Bank portfolio of loan programs.
  • The 2022 first quarter transaction closings follow the recent news of the Regions Bank acquisition of Sabal Capital Partners announced on December 2, 2021.
  • Sabal Capital Partners keeps brokers and borrowers ahead of the curve with comprehensive debt solutions encompassing both agency and non-agency options.

Wings Announces Aircraft Acquisitions

Retrieved on: 
Mercoledì, Marzo 30, 2022

Wings Capital Partners LLC (Wings) announced today the purchase of two narrowbody commercial aircraft, adding one Boeing 737-8 MAX aircraft and one Airbus A321-200 aircraft to its portfolio.

Key Points: 
  • Wings Capital Partners LLC (Wings) announced today the purchase of two narrowbody commercial aircraft, adding one Boeing 737-8 MAX aircraft and one Airbus A321-200 aircraft to its portfolio.
  • This transaction, coupled with other recent acquisitions, has added seven narrowbody aircraft to the Wings portfolio over the last two quarters.
  • Growing the Wings portfolio with high quality, young aircraft is a core tenet of our long term strategy, said Nicolas P. Stable, Senior Vice President, Head of Aircraft Transactions.
  • Wings Capital Partners LLC (Wings) is a private, full-service aircraft leasing platform primarily investing in single-aisle, in-production commercial jet aircraft on lease to airlines around the world.

Big Blue Swim School Starts 2022 with a Splash, Reaches Goal of 50% Locations Sold Within Three Years

Retrieved on: 
Martedì, Marzo 29, 2022

Big Blue Swim School , one of the nations fastest-growing swim school franchises, announced today that it has reached its goal of 50% of locations sold within three years of beginning its franchising journey.

Key Points: 
  • Big Blue Swim School , one of the nations fastest-growing swim school franchises, announced today that it has reached its goal of 50% of locations sold within three years of beginning its franchising journey.
  • With its aggressive growth plan, Big Blue Swim School sold 201 units in 23 states across the country.
  • The partnership between Level 5 and Big Blue began in 2017 when Level 5 acquired a stake in the brand.
  • To learn more about franchise opportunities with Big Blue Swim School, visit http://YourBigMomentStartsHere.com .

Arc Capital Partners Completes East Austin’s “Holly Commons”

Retrieved on: 
Giovedì, Marzo 24, 2022

Arc Capital Partners (Arc) announced today that it has rebranded 2400 E Cesar Chavez to Holly Commons, a 67,000 square foot commercial property located in the highly sought-after Holly neighborhood of East Austin.

Key Points: 
  • Arc Capital Partners (Arc) announced today that it has rebranded 2400 E Cesar Chavez to Holly Commons, a 67,000 square foot commercial property located in the highly sought-after Holly neighborhood of East Austin.
  • The investments are aligned with renovation programs Arc has undertaken to improve properties in its portfolio that target urban mixed-use neighborhoods.
  • Holly Commons is also just a short bike, drive, or rideshare from Downtown Austin and several major transit routes.
  • Arc Capital Partners (Arc) is a minority-owned, real estate owner-investor dedicated to redefining urban mixed-use environments.