BKM Capital Partners Executes $261 Million Recapitalization with Investcorp for Multi-State Industrial Portfolio
Retrieved on:
Wednesday, September 1, 2021
REIT, Finance, Professional Services, Commercial Building & Real Estate, Construction & Property, GCC, Twitter, Growth, Instagram, Investcorp, GP, Acquisition, Theodore Millon, Multi, AUM, Phoenix metropolitan area, BKM, Fund, Dream Signals in Full Circles, National Advisory Committee on Institutional Quality and Integrity, Multimedia, North America, Partnership, Solution, CEO, LinkedIn, Bank, Property management, Lease, Security (finance), Self storage, Financial services, BKM Capital Partners, Investcorp, BKM CAPITAL PARTNERS, INVESTCORP
Newport Beach, Calif.-based BKM Capital Partners executed a $261-million recapitalization of its value-add industrial Fund I, expanding a partnership with Investcorp and marking the successful completion of an investment thesis involving the fund managers first fund.
Key Points:
- Newport Beach, Calif.-based BKM Capital Partners executed a $261-million recapitalization of its value-add industrial Fund I, expanding a partnership with Investcorp and marking the successful completion of an investment thesis involving the fund managers first fund.
- A joint venture between Investcorp and BKM Capital Partners acquired the portfolio.
- The collaboration and synergies created between Investcorp and BKM Capital Partners emerged earlier this year and helped form the foundation for this Fund I recapitalization.
- In Q1 2021, Investcorp acquired Tempe Commerce Park, a five-building, 536,051-square-foot, multi-tenant, light industrial park in Tempe, Arizona, from BKM Capital Partners.