Sirius Fund I Grocery SCSp (“Sirius I”) and its successor fund, Sirius Fund II Grocery SCSp (“Sirius II”), completed the sale of their remaining collective shareholding in Cibus Nordic Real Estate AB (“Cibus”), representing 3.2 million shares, with very strong investor demand; such shares comprised the funds’ final consideration for the prior sale t...

On March 22, 2020, High Street Real Estate Fund VI, L.P. (the “Fund”) held its final close, reaching its hard cap with total equity commitments of $500 million. Utilizing targeted leverage of 50%, the Fund will seek to acquire approximately $1 billion of assets in its target markets.

High Street Logistics Properties, LLC (“High Street”) formed the Fu...

PFA Pension has completed a joint venture with Simpson Housing LLLP (“Simpson”) and Domain Capital Advisors LLC (“Domain”), a subsidiary of Domain Capital Group LLC, to acquire a 49% equity interest in a 13-asset, Class A multifamily portfolio for an aggregate value of $1.05 billion (the “Portfolio”). The Portfolio was previously owned 100% by Simps...

Newport Beach and San Mateo, California – January 14, 2020

On October 25, 2019, Sares Regis Multifamily Value-Add Fund III (the “Fund”) announced a final close, raising over $328 million in total equity commitments.  Utilizing leverage, the Fund will seek to acquire approximately $1 billion of assets in its target markets.

“We greatly appreciate the c...

IRVINE, CA, March 21, 2019 – Avanath Capital Management, LLC (“Avanath”), a private real estate investment manager focused on the preservation of affordable housing nationwide, has completed a strategic recapitalization of a portfolio of affordable multifamily assets formerly held by Avanath Affordable Housing I, LLC, Avanath’s inaugural fund (the “...

SAN FRANCISCO, CA, September 10, 2018 – Swift Real Estate Partners (“Swift”), a vertically-integrated real estate investment management firm with in-house asset, property, and construction management capabilities, has completed a portfolio sale to funds managed and/or advised by Partners Group, the global private markets investment manager (“Partner...

Affiliates of Accord Group Holdings LLC (“Accord”) provided co-investment capital to Sirius Capital Partners in 2015 (the “Investment”) in connection with its debut fund offering, Sirius Fund I Grocery SCSp (“Sirius I”). In addition, Accord Capital Partners LLC, Accord’s U.S. broker/dealer affiliate, served as the exclusive placement agent to Sirius...

Accord Europe Limited served as the exclusive European capital advisor in connection with the offering of Avanath Affordable Housing III. 

Below is the press release issued by Avanath Capital Management, LLC, the funds’ sponsor:

Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has announced t...

An affiliate of MCAP Global Finance (UK) LLP ("MCAP") has completed the acquisition of a portfolio of six shopping centres in Spain and Italy, totalling 90,000 sqm (the “Bronze Portfolio”).   Terms of the transaction were not disclosed.

Formerly owned by the Pradera European Retail Fund 2 (the “Fund”), managed by Pradera, the Bronze Portfolio in...

One increasingly popular non-traditional secondaries trade happening in the private real estate market today is the sale of fund positions to investors which are keen to take ownership via a new, often lower risk-return profile investment structure managed by the original investment manager. While these transactions can meet the needs of investors a...

LondonMetric Property Plc (“LondonMetric”) announces the acquisition of 14 urban and regional logistic warehouses for £116.60 million from Cabot Properties (“Portfolio”). The purchase price reflects a day one yield on cost of 6.1% and a reversionary yield of 6.6%.

The 1.3 million sq ft of warehouses are in established distribution locations where the...

On April 30, 2017, Morrison Street Debt Opportunities Fund, L.P. (“MSDO”) held its final close, reaching its target with total equity commitments of $200 million.  MSDO provides small-balance mezzanine capital, with investment balances generally ranging from $2 million to $10 million, to real estate market participants across a diversified set of pr...

On May 1, 2017, High Street Real Estate Fund V, L.P. (the “Fund”) held its final close, reaching its hard cap with total equity commitments of $353 million. Utilizing targeted leverage of 50%, the Fund will seek to acquire approximately $700 million of assets in its target markets.

High Street Realty Company, LLC (“High Street”) formed the Fund to co...

An affiliate of PFA Pension announced the completion of two separate joint ventures with affiliates of Spear Street Capital LLC (“Spear Street”) to acquire a 49% interest in approximately 1.2 million square feet of office properties located in Dallas, Texas and Jersey City, New Jersey (the “Invictus Portfolio”). Formerly 100% owned by certain funds...

On August 19, 2016, the Sares-Regis Multifamily Value-Add Fund II (the “Fund”) held a final close, having raised over $300 million in total equity commitments. Utilizing leverage, the Fund will seek to acquire approximately $850 million of assets in its target markets.
 
“We are very pleased to have exceeded our target raise of $250 million, bringin...