Global Student Accommodation Group (GSA), a specialist in purpose built student accommodation (PBSA), has acquired twenty seven US-based properties from UCAL, the joint venture with University Communities and the California State Teachers Retirement Fund (CalSTRS). This transaction adds 8,000 beds across 20 universities to GSA’s US portfolio. GSA has also… read more →
Saker Capital advised Los Angeles-based Regent Properties on the newly formed JV with South Korea’s Hana Alternative Investment Management, an investment arm of Hana Financial Group, on the recapitalization of Legacy Central 4. Regent Properties CEO Eric Fleiss is happy to have the new relationship with Hana and he hopes… read more →
South City Partners and ELV Associates have sold WILLIS Avondale Estates, a 197-unit community in Decatur, Ga. The joint venture of Coastal Ridge Real Estate and SEDCO Capital acquired the Class A asset completed in 2019. According to Yardi Matrix data, the developer started construction on the project in 2017… read more →
The Scion Group (Scion) and Hana Financial Group (Hana) announced today that their joint venture recently completed the acquisition of a four-property portfolio of high-end student housing communities totaling 3,275 bedrooms. The properties are located in these leading university markets: University of Florida in Gainesville, FL; Colorado State University in… read more →
iA Financial Group (iAFG) and Coastal Ridge Real Estate (Coastal Ridge) announced today that they recently completed the acquisition of a two-property student housing portfolio totaling 555 beds. The properties consist of The Overlook and Irish Flatswhich are both located on the campus of the University of Notre Dame. The… read more →
LOS ANGELES – Bahrain Mumtalakat Holding Company (“Mumtalakat”) formed a partnership with Regent Properties (“Regent”) through which Mumtalakat is acquiring an interest in an existing $200 million portfolio of high-quality commercial real estate assets in the United States currently managed by Regent (the “Portfolio”). The Portfolio is comprised of six… read more →
NEW YORK, /PRNewswire/ — Saker Capital is pleased to announce the successful closing of “285 West 12th Street”, a boutique mixed-used property located at 285 West 12th Street in New York City, by our client Spirit Bascom Ventures, LLC (a partnership between The Bascom Group and Spirit Investment Partners), who… read more →
On November 28th, Saker Capital Ltd. and Trowers & Hamlins LLP hosted a fundraising event entitled “A Cruise for A Cause” for the benefit of The Little Wings Foundation. The Little Wings Foundation provides treatment for children in need of surgery, where there are no resources for them to otherwise… read more →