Subject: Joint ventures (JV)

CARROLL has formed a partnership with LCOR Inc., giving it an entrée into the property development business. The Atlanta investment manager, which owns 30,000 apartment units valued at $5.2 billion, long has operated a construction management unit, but its focus ...

Electra America, a long-time investor in multifamily properties, has formed a venture with Transcendent Investment Management to invest in single-family rental properties. The venture, Transcendent Electra, has 1,889 homes under contract for $496 million and has another $1 billion of ...

Commercial Real Estate Direct Staff Report Boston Properties Inc. has agreed to form a venture with two undisclosed sovereign wealth funds to acquire office and life-sciences properties. The venture has committed to initially invest up to $1 billion of equity. ...

Long-time mortgage broker Dan Gorczycki formally has launched an online platform designed to streamline the mortgage borrowing process. The platform, TrueRate, was developed roughly a year ago and has been in use by Olive Tree Holdings, a New York owner ...

Great Gulf Group and Westdale Real Estate Investment and Management have formed a venture that plans to invest in the development of for-rent single-family communities in the country's Sunbelt region. The two partners - Great Gulf is a Toronto developer, ...

PCCP LLC and the California State Teachers' Retirement System have formed a venture that will acquire and develop single-family rental properties across the United States. The two already have invested more than $240 million in single-family properties in Atlanta, Jacksonville, ...

Commercial Real Estate Direct Staff Report Meridian Capital Group has formed a venture with Barings that will buy the latter's agency-lending platform, Barings Multifamily Capital LLC. The venture, majority owned by Meridian, has tapped David Brickman, the former chief executive ...

Koch Real Estate Investments, which earlier this year had provided senior secured financing to Ladder Capital Corp., has exercised an option it received to take a common equity position in the mortgage REIT. The company, a unit of Koch Industries, has ...

Dallas CityBizList A venture led by CrowdStreet Inc., a Portland, Ore.,-based crowdfunding platform, has provided $16.96 million of equity against Ozark Villas, a 670-bed student-housing property in Fayetteville, Ark. JLL Capital Markets arranged the equity CrowdStreet provided in a venture ...

Plymouth Industrial REIT Inc. has formed a venture with Madison International Realty to pursue industrial properties in infill locations. The venture, which will be capitalized with $300 million of equity, is 20 percent owned by Plymouth Industrial, a Boston REIT ...