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Bell Partners pays $67 million for South Florida apartments
Bell Partners Inc., based in Greensboro, announced its acquisition on behalf of its Fund VI investors of Broadstone Plantation in Plantation, Florida, which it has renamed Bell at Plantation. Bell paid $67 million, according to The Real Deal, a South.....»»
Underscore VC closes third fund with $58M, Lyman at the helm
The VC firm's third fund slightly exceeded its original $50 million target but came at about half the initial size of its predecessor......»»
Alden closes $633 million purchase of Tribune Publishing; puts newspaper chain in debt and hedge fund president in charge
Alden Global Capital has completed its $633 million purchase of Tribune Publishing, taking the Chicago-based newspaper chain private and adding the Chicago Tribune and other major dailies to the h.....»»
Hedge fund Alden closes $633 million Tribune Publishing acquisition; newspaper chain is delisted from stock market
Alden Global Capital has completed its $633 million purchase of Tribune Publishing, taking the Chicago-based newspaper chain private and adding the Chicago Tribune and other major dailies to the h.....»»
Hedge fund Alden closes $633 million Tribune Publishing acquisition
Alden Global Capital completed its $633 million purchase of Tribune Publishing late Monday, taking the Chicago-based newspaper chain private and adding the Chicago Tribune and other major dailies to the hedge fun.....»»
CVS launching $100 million venture fund
CVS Health Corp. said Thursday that it will launch CVS Health Ventures, a venture fund that invests in and partners with early-stage companies focused on .....»»
Boulder-based IT management platform closes on $110M in Series C funding
Boulder-based tech company Automox has secured $110 million in Series C funding, which it will use to grow its employee base and expand its offerings. The round was led by Insight Partners, along with funds managed by Blackstone and existing.....»»
Apple, partners launch $200M climate fund
Apple Inc. and Goldman Sachs launched a $200 million fund Thursday aimed at removing carbon from the atmosphere through investing in forestry projects, while "generating a financial return for investors.".....»»
Bell Partners starts new $800 million investment venture
Venture targets "low-risk, high-quality" properties......»»
RiverVest Venture Partners closes on new $275M investment fund
The fund, RiverVest Venture Fund V LP, is its largest-ever and brings RiverVest’s total assets under management to more than $1.6 billion, a figure that has grown rapidly in recent years......»»
L.A. hedge fund acquires $45M stake in Caydon"s Drewery Place apartment tower
Canyon Partners Real Estate’s preferred equity position in Drewery Place brings the hedge fund's total real estate portfolio to approximately $6.1 billion of project capitalization......»»
3 top execs at hedge fund Elliott Management have put their New York apartments up for sale as the firm moves to Miami. See inside one of the $39.5 million homes.
Three luxury properties are being listed for sale in New York amid a migration to Florida among Wall Street firms and executives. The living room of a TriBeCa apartment that's being listed for $39.5 million. Co.....»»
Heyday closes $20M round for expansion, names former Rent the Runway COO president
Skincare company Heyday has closed a $20 million Series B round to fund expansion and has added as president Maureen Sullivan, the former president and COO at Rent the Runway. New York City-based Heyday said it plans to use the funding add “hundred.....»»
Madrona closes over $500M in new funds
Seattle-based Madrona Venture Group announced Wednesday it has closed more than $500 million in new funds. The money includes $345 million for Madrona Venture Fund 8, aimed at seed and Series A companies, and $160 million for Acceleration Fund 2, .....»»
Denver investment company plans to renovate a second Wichita apartment for low-income elderly
The group will ask City Council on Tuesday for up to $12 million in IRBs to acquire and fund improvements......»»
Boston Financial closes single largest multi-investor fund
Boston Financial Investment Management has closed a $205 million Low Income Housing Tax Credit (LIHTC) fund, Boston Financial Institutional Tax Credits 52 Limited Partnership (ITC 52). Th.....»»
One of St. Louis’ largest private companies closes on $320M raise
St. Louis IT services provider TierPoint said Tuesday that it has closed on $320 million in preferred equity investments. TierPoint in March announced the funding, targeting a mid-April closing. New investors Argo Infrastructure Partners, Wafra a.....»»
Houston apartment co."s $5M resident relief fund goes fast. But efforts don"t stop there
It took just 16 minutes for residents to exhaust a $5 million relief fund set up by a Houston-based apartment company to help those who lost income as a result of the coronavirus pandemic......»»
Birmingham investor buys Alabama apartment complex in $11M deal
An 80-unit apartment complex in Huntsville has sold for $11.76 million. Birmingham-based Red Street Investment Co. acquired the property for $147,000 per unit from Morrison Avenue Capital Partners. The complex features condo-style living with gr.....»»
Mukesh Ambani, the richest man in India, donated $66 million to coronavirus aid after being slammed for ringing a bell from the balcony of his 27-story mansion to thank healthcare workers
REUTERS/Francis Mascarenhas Mukesh Ambani, India's richest man, pledged ₹500 crore ($66.7 million) to Indian Prime Minister Narendra Modi's coronavirus emergency fund, Ambani's nonprofit Reliance Foundation announced on Twitter. Ambani.....»»