Subject: Joint ventures (JV)

American Realty Capital has teamed with Sandler O'Neill + Partners, an investment bank that focuses on the middle-market financial sector, to identify institutions with which to enter sale-leaseback transactions. American Realty was founded last year by Nicholas S. Schorsch, who ...

Carlton Group has formed a venture with Stanley and Partners, a Shanghai investment bank, further broadening its ability to tap overseas investors. Stanley and Partners focuses on arranging structured-equity finance, investment sales and private placements for real estate owners. Carlton ...

The D.E. Shaw Group and Metro Development Group have formed a venture to purchase land for residential development throughout the southeastern United States, particularly central Florida. The venture will target land parcels for the construction of residential properties, including entry-level ...

Commercial Real Estate Direct Staff Report ING Clarion and Flagstone Property Group are partnering in a long-delayed $600 million hotel-resort development in Miami. The project, Island Gardens, will consist of two hotels, including a 150-room luxury property that will also ...

The New York investment banking boutique has raised capital from a hedge fund for a vehicle that will pursue high-yielding and distressed mortgage opportunities. So far, Carlton has the ability to make up to $300 million of investments and aims ...

Related Cos. and Centerline Capital Group have formed a venture with former football star Tiki Barber to buy and renovate affordable housing throughout the country. The venture's first investment is in Virginia, where Centerline will finance $150 million to buy ...

A venture between First Industrial Realty Trust Inc. and California State Teachers' Retirement System has increased its investment capacity to $1.6 billion from $950 million. The venture, Strategic Land and Development JV, was set up in July 2006 to invest ...

HCP Inc. plans to substantially beef up the sale of properties to ventures it forms with institutional investors. It is aiming to sell up to $3 billion of properties to such ventures, while retaining management. The move is in response ...

Arbor Realty Trust Inc. said it has received another $10 million distribution from its 2003 investment in Prime Retail Inc., a Baltimore REIT that was acquired by Lightstone Group in a $627 million deal. Arbor invested $2.1 million for a ...

Commercial Real Estate Direct Staff Writer Martin Newman and Nathan Halegua are co-investors with YL Developers in a 224-unit Manhattan multifamily portfolio that is available for sale. The two New York-area investors own a 65 percent stake in the 10-building portfolio ...