Ares Management LP
Ares Management Pays $38M for Pennsylvania Asset
The fully leased logistics building recently came online.
H.I.G. Provides $81M Loan for Portland-Area Industrial Asset
The borrowers recently renovated the 1 million-square-foot warehouse complex.
CapRock Closes $250M Industrial Value-Add Fund
Including co-investment vehicles, the commitments enable the company to acquire as much as $1 billion in assets.
Top 10 Orange County Office Investors in 2018
Ten buyers were responsible for more than half of the $2.2 billion in office transactions that closed across the metro last year.
Ares Management Closes $1B Fund
The firm’s ninth investment vehicle is significantly larger than the fund that closed in 2014, on the strength of support from both current and new investors.
Portland Industrial Property Changes Hands for $49M
Specht Development and Ares Management have teamed up on the acquisition of the nearly 1 million-square-foot facility, which currently houses grocery wholesaler and retailer SUPERVALU.
Blackstone Buys Maui Hotel, Condo Property
Ares Management, SMW Hospitality and Trinity Investments sold the Ritz-Carlton, Kapalua, which encompasses a 297-key luxury resort and 107 condos on the Hawaiian island’s northwest shore.
Manhattan Office Project Lands $187M Construction Financing
The developers, a joint venture comprising Normandy Real Estate Partners and Columbia Property Trust, will use the loan for the construction of a $300 million project in Midtown South.
Ares Sells $270M Stake in Denver-Area Hotel Project
Joint venture partners Ryman Hospitality Properties and RIDA Development acquired the alternative asset manager’s interest in the $824 million Gaylord Rockies Resort & Convention Center development.
PEG Cos. Buys Multi-State Marriott Portfolio
The roughly $130 million deal encompasses more than 1,000 guestrooms in eight states. Cantor Commercial Real Estate provided the acquisition financing.