Meghan Morris
Lisa Amzallag, who built the real estate program for Columbia University’s endowment, has joined Aetos Capital Real Estate.
The Los Angeles-based private equity real estate firm had acquired the property less than three years ago.
This is the groups’ second joint venture after a 2014 development deal in Brooklyn.
A two-building Long Island City deal is the first time the private equity real estate firms have worked together.
The firm has concluded its capital raise just three months after the fund’s first close.
Invesco Real Estate went over its $500 million hard cap for its latest US value-add vehicle.
Formerly known as AVP Advisors, Belay launched its second real estate fund in November 2014.
The South Carolina-based firm has closed out its $800 million fund with the $336.3 million purchase of two New York City properties.
Through a joint venture, Qatar Investment Authority has made its first purchase on the West Coast.
The Colony Capital founder is the first private equity real estate executive to publicly back the controversial Republican presidential frontrunner.
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