Commercial Real Estate Direct: Broadshore-Led Venture Pursues Multifamily Investments in Southeast, Western U.S.
Commercial Real Estate Direct Staff Report Broadshore Capital Partners, the former Lowe Enterprises Investors, has formed a venture with an institutional investor to make up to $900 million of equity and debt investments in multifamily properties in the Southeastern and Western United States. The venture closed on its initial purchase last Friday, paying $37.1 million, […]
Multi-Housing News: Florida Multifamily Asset Changes Hands Amid Challenging Times
The coronavirus pandemic required Broadshore Capital Partners to display creativity in closing its $37.1 million acquisition of a Jacksonville rental property. Working through a number of unprecedented hurdles presented by the COVID-19 pandemic, Broadshore Capital Partners has acquired Victoria at Orange Park, an apartment community located in Jacksonville, Fla. for $37.1 million. The purchase of […]
BROADSHORE CAPITAL PARTNERS CLOSES ACQUISITION OF 280-UNIT APARTMENT COMMUNITY IN JACKSONVILLE, FL
BROADSHORE CAPITAL PARTNERS CLOSES $37.1M ACQUISITION OF 280-UNIT APARTMENT COMMUNITY IN JACKSONVILLE, FL First transaction for new value-add equity and debt investment program One of few transactions closing in a turbulent market LOS ANGELES – March 30, 2020 – Broadshore Capital Partners (Broadshore), in joint venture with an investment client, announced today that it has […]
The Best of Both Worlds: Institutional Financial Support with Boutique Service
Recently, Geoffrey Dohrmann, president and CEO of Institutional Real Estate, Inc., spoke with Bradford Howe and Bleecker Seaman, co-chief executive officers of Broadshore Capital Partners, about the firm’s new name, structure and strategy. Following is an excerpt of that conversation. Guardian Life has been an investor in your business since 2010. What was the original […]