CrossHarbor Capital Partners

Toorak Capital Partners Closes $285M Residential Bridge and $363M DSCR Securitizations

Retrieved on: 
Monday, March 14, 2022
Professional Services, Other Professional Services, Finance, Construction & Property, Consulting, REIT, Banking, Â, Industry, CrossHarbor Capital Partners, Housing, KKR, TRK, DSCR, Rehabilitation, Income, Toorak, Real estate

Toorak Capital Partners, Inc. (Toorak), a leading capital provider to the residential real estate lending industry, today announced the successful closing of TRK 2022-1, a $285 million securitization of residential bridge loans, following the closing of TRK 2022-INV1, a $363 million securitization of DSCR loans last month.

Key Points: 
  • Toorak Capital Partners, Inc. (Toorak), a leading capital provider to the residential real estate lending industry, today announced the successful closing of TRK 2022-1, a $285 million securitization of residential bridge loans, following the closing of TRK 2022-INV1, a $363 million securitization of DSCR loans last month.
  • We are focused and proud of the social impact Toorak has had, said Toorak CEO John Beacham.
  • With capital commitments from entities managed by KKR, a leading global investment firm, Toorak has revolutionized the way business purpose residential real estate lenders access capital.
  • Toorak Capital Partners is an integrated correspondent lending platform based in Summit, NJ.

Green Courte Partners Hires Managing Director of Development

Retrieved on: 
Wednesday, March 9, 2022
Parking space, Barrow Green Court, Northwestern University Master of Product Design and Development Management, Master of Business Administration, LLC, Investment, Multimedia, CrossHarbor Capital Partners, AJ Capital Partners, Business administration, Local Democracy, Economic Development and Construction Act 2009, Rollins College, Policy, The Parking Spot, View, Security (finance), Development, Windward Community College

Russell as Managing Director of Development.

Key Points: 
  • Russell as Managing Director of Development.
  • Mr. Russell is replacing John Lyons, who retired in February after being with Green Courte and The Parking Spot since 2010.
  • Prior to joining Green Courte, Mr. Russell was a Senior Vice President of Development and Construction at A.J.
  • Commenting on the addition of Mr. Russell to the Green Courte team, David B. Lentz, Green Courte's Chief Executive Officer, stated, "We are thrilled to welcome C.R.

100% Occupied Chicagoland Multi-Tenant Auto Service Center in Prime Location Offered for Sale at Bankruptcy Auction

Retrieved on: 
Friday, March 4, 2022
Commercial Building & Real Estate, Construction & Property, Sale, Bankruptcy, Partner, United States Bankruptcy Court, District of Arizona, CrossHarbor Capital Partners, Commercial property, Chicago Bears

Case in point: a bankruptcy auction is coming up on March 29 for a property in Arlington, Illinois just a 10-minute drive from the proposed new Chicago Bears stadium for a 20,000 sq ft, multi-tenant auto service center that boasts a 25,700 average daily traffic count.

Key Points: 
  • Case in point: a bankruptcy auction is coming up on March 29 for a property in Arlington, Illinois just a 10-minute drive from the proposed new Chicago Bears stadium for a 20,000 sq ft, multi-tenant auto service center that boasts a 25,700 average daily traffic count.
  • The center, located at 1907 1929 S. Arlington Heights Road in Arlington Heights, IL on a 1.5-acre lot, is a fully-leased property, containing 7 tenants and parking for 70+ vehicles.
  • Keen-Summit Capital Partners LLC has been retained in a case pending in the U.S. Bankruptcy Court District of Illinois, Case No 20-18444, as the propertys exclusive real estate broker for the sale.
  • Keen-Summit Capital Partners LLC represents property owners, retail and commercial tenants, commercial and industrial businesses, investors, developers, and creditors across various industries.

CAF Capital Partners Begins Expansion Efforts Into the Southeast

Retrieved on: 
Wednesday, February 23, 2022
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, REIT, Mississippi State University, MBA, Review, Strathclyde Fire and Rescue Service, CrossHarbor Capital Partners, BBA, University, Acquisition, CAF, Multimedia, Sale, Georgia Southern University, Commercial property, Management

CAF Capital Partners, a Dallas-based private equity real estate firm specializing in the acquisition of institutional quality multifamily real estate, is pleased to announce expansion efforts into the Southeast.

Key Points: 
  • CAF Capital Partners, a Dallas-based private equity real estate firm specializing in the acquisition of institutional quality multifamily real estate, is pleased to announce expansion efforts into the Southeast.
  • View the full release here: https://www.businesswire.com/news/home/20220223005917/en/
    CAF Capital Partners begins expansion efforts into the Southeast, Stephen Quesinberry appointed director of acquisitions.
  • (Photo: Business Wire)
    Were thrilled to announce our expansion into the Southeast, said CAF CEO Chris Faulkner.
  • CAF Capital Partners is a Dallas-based private equity real estate firm, specializing in the acquisition, redevelopment, repositioning and subsequent sale of institutional quality multifamily real estate.

Lind Capital Partners Launches High-Yield Municipal Interval Fund

Retrieved on: 
Thursday, February 10, 2022
Professional Services, Finance, LCP, Income, Investment, Interview, Dislocation, Risk, Fund, Investment Company Act of 1940, SEC, Prospectus, MI, NAV, CrossHarbor Capital Partners, LLC, Security (finance)

Lind Capital Partners, LLC (LCP), an SEC-registered investment advisor, announced the launch of the Lind Capital Partners Municipal Credit Income Fund (LCPMX).

Key Points: 
  • Lind Capital Partners, LLC (LCP), an SEC-registered investment advisor, announced the launch of the Lind Capital Partners Municipal Credit Income Fund (LCPMX).
  • Lind Capital Partners (LCP) was founded in 2008, with offices in Evanston, IL and Grand Rapids, MI.
  • Lind Capital Partners and Ultimus Fund Distributors, LLC are not affiliated.
  • Investors will not be able to redeem shares daily because the fund is a closed-end fund operating as an interval fund.

Arc Capital Partners Sells Sylvan Thirty Apartments in West Dallas

Retrieved on: 
Wednesday, February 9, 2022
Commercial Building & Real Estate, Construction & Property, Urban Planning, REIT, Landscape, Interior Design, Building Systems, Architecture, Residential Building & Real Estate, Industry, Growth, MWBE, Acquisition, Investment, Sale, TIF, Workforce, LEED, Entrepreneurship, Partnership, CrossHarbor Capital Partners, IPA, LLC, Commercial property, Financial services, Arc, Arc Capital Partners, Belay Investment Group, LLC, ARC CAPITAL PARTNERS, BELAY INVESTMENT GROUP, LLC

Arc Capital Partners (Arc) announced today that it has sold Sylvan Thirty Apartments, a 201-unit multifamily property located in the West Dallas submarket, to San Francisco-based Polaris Real Estate Partners.

Key Points: 
  • Arc Capital Partners (Arc) announced today that it has sold Sylvan Thirty Apartments, a 201-unit multifamily property located in the West Dallas submarket, to San Francisco-based Polaris Real Estate Partners.
  • Sylvan Thirty was built in 2015 and is the first mixed-use retail and multifamily development in the West Dallas submarket.
  • In a separate transaction, a real estate fund advised by Crow Holdings Capital acquired the retail portion of Sylvan Thirty.
  • Arc Capital Partners (Arc) is a minority-owned, real estate owner-investor dedicated to redefining urban mixed-use environments.

Northlight Capital Partners Originates $52MM Loan for Colorado Residential Development Land

Retrieved on: 
Tuesday, February 8, 2022
Finance, Other Construction & Property, Professional Services, Residential Building & Real Estate, Construction & Property, Aurora, Acquisition, CrossHarbor Capital Partners, Growth, Local government, Sale, Interstate Highway System, NCP, Interstate 470, CO, LLC

Northlight Capital Partners, a leading middle-market real estate credit fund manager, has originated a $52 million loan to fund the acquisition and horizontal development of 610 acres of residential development land in Aurora, CO.

Key Points: 
  • Northlight Capital Partners, a leading middle-market real estate credit fund manager, has originated a $52 million loan to fund the acquisition and horizontal development of 610 acres of residential development land in Aurora, CO.
  • The loan is provided to a leading residential land development company located in Denver, CO.
  • Located just east of Interstate 470 in Aurora, CO, the development property is a 610-acre site zoned for approximately 2,200 lots.
  • Northlight Capital Partners, LLC (NCP) is a leading middle-market real estate credit fund manager headquartered in Westport, CT.

Mill Creek Announces Groundbreaking of Modera St. Petersburg

Retrieved on: 
Monday, February 7, 2022
Salvador Dalí Museum, Tropicana Field, Employment, The Grand Prix, Community, Wi-Fi, Interstate 275, Pinellas Trail, Acquisition, USB, Atmosphere, Foundation, CrossHarbor Capital Partners, Grand Prix, Partnership, LLC, Canal, Airline, San Francisco Bay

ST. PETERSBURG, Fla., Feb. 7, 2022 /PRNewswire/ -- Mill Creek Residential , a leading developer and operator specializing in premier rental communities across the U.S., today announced it has broken ground on Modera St. Petersburg , a luxury mixed-use apartment community near downtown St. Petersburg.

Key Points: 
  • ST. PETERSBURG, Fla., Feb. 7, 2022 /PRNewswire/ -- Mill Creek Residential , a leading developer and operator specializing in premier rental communities across the U.S., today announced it has broken ground on Modera St. Petersburg , a luxury mixed-use apartment community near downtown St. Petersburg.
  • "We're excited to get started on Modera St. Petersburg, which we believe will deliver a quintessential high-rise experience in a vibrant downtown locale," said Damon Kolb , managing director of development in North Florida for Mill Creek Residential.
  • Modera St. Petersburg is being developed in partnership between Mill Creek and CrossHarbor Capital Partners, marking their 10th community together.
  • "We are enthusiastic about Modera St. Petersburg and our continued partnership with Mill Creek Residential," said Brian Davis, vice president of CrossHarbor Capital Partners.

Kerzner International and Lone Mountain Land Company Introduce One&Only Moonlight Basin in Big Sky, Montana

Retrieved on: 
Wednesday, February 2, 2022
Commercial Building & Real Estate, Construction & Property, Interior Design, Other Travel, Architecture, Lodging, Vacation, Destinations, Residential Building & Real Estate, Travel, Moonlight, Bozeman Yellowstone International Airport, Personality, Intimate, Sale, Big Sky Resort, Resort, Pacific Northwest, CrossHarbor Capital Partners, Golf, 1, Jack Nicklaus, Season, Blue Mountains, Yellowstone National Park, Michael Jackson's Private Home Movies, Collection, Marketing, Partnership, Cooking, Spanish Peaks, Health, Privacy, Life, Alternative, Heart, Sol Kerzner, Multimedia, Beauty, Textile, Lone Peak (Utah), Tourism, Hotel, Amusement park, Hunting, Adrien Chenot, Kerzner

Lone Mountain Land Company (LMLC) and Kerzner International Holdings Limited (Kerzner) are pleased to announce One&Only Moonlight Basin in Big Sky, Montana, the first One&Only resort and residential community in the United States.

Key Points: 
  • Lone Mountain Land Company (LMLC) and Kerzner International Holdings Limited (Kerzner) are pleased to announce One&Only Moonlight Basin in Big Sky, Montana, the first One&Only resort and residential community in the United States.
  • The free-standing Olson Kundig-designed homes will offer a contemporary design, complete with glass walls to showcase Big Skys soaring mountain ranges.
  • At Moonlight Basin, Lone Mountain Land Company has built a mountain destination that showcases the natural beauty of Montanas extensive, dramatic landscapes, and I am delighted to introduce One&Only in this unrivalled destination.
  • Moonlight Basin offers one of the most unique mountain experiences in the U.S., says Matt Kidd, Managing Director, Lone Mountain Land Company.

Toorak Capital Partners 2021 Year in Review

Retrieved on: 
Monday, January 24, 2022
Finance, Other Construction & Property, Professional Services, Residential Building & Real Estate, Construction & Property, Income, Business development, Nationally recognized statistical rating organization, KBRA, Conference, Commercial, Growth, Toorak, CrossHarbor Capital Partners, Industry, KKR, Multimedia, Head, DSCR, Securitization, Real estate

Toorak launched Toorak Connect , a fast and easy proprietary loan buying system for local partners to quickly sell/buy loans online and gain full transparency into the entire process.

Key Points: 
  • Toorak launched Toorak Connect , a fast and easy proprietary loan buying system for local partners to quickly sell/buy loans online and gain full transparency into the entire process.
  • With capital commitments from entities managed by KKR, a leading global investment firm, Toorak Capital Partners has revolutionized the way business purpose residential real estate lenders access capital.
  • To learn more about Toorak Capital Partners correspondent lending platform, please contact the firm at [email protected] or 212-393-4100.
  • Toorak Capital Partners is an integrated correspondent lending platform based in Summit, NJ.