$211 million deal Includes 11 Marriott®- and Nine Hilton®-Branded Hotels SAN FRANCISCO and MINNEAPOLIS – Flynn Properties Inc. (“Flynn”), owner of commercial real estate, luxury resorts and select service hotel properties in America and abroad, in a joint venture with Värde Partners, a leading global alternative investment firm, today announced that it has acquired 20 select…
Archive: Announcements
Värde Partners Agrees €96 Million Sale of Hotel Barcelona Apolo to Meliá
MADRID – Värde Partners, a leading global alternative investment firm, announced it has agreed to the sale of Hotel Barcelona Apolo to Meliá Hotels International, the current hotel operator, for €96 million. The transaction followed an open bidding process that attracted interest from more than 20 institutional investors. The sale was agreed through Dospuntos Asset…
Värde Partners Closes $833 Million in U.S. Commercial Real Estate Loans in Second Quarter
Commercial Real Estate Lending Outlook Remains Strong MINNEAPOLIS and NEW YORK – Värde Partners, a leading global alternative investment firm, today announced it closed $833 million in U.S. commercial real estate loan originations in the second quarter of 2021, for a total of $1.1 billion funded this year. The 13 transactions completed in the second…
Värde Partners Closes Firm’s Largest CRE CLO at $928 million
Loans Originated Through Värde’s Commercial Real Estate Lending Platform MINNEAPOLIS and NEW YORK – Värde Partners, a leading global alternative investment firm, today announced the closing of a commercial real estate collateralized loan obligation (CRE CLO). This is the firm’s fourth and largest CRE CLO, and eighth securitization of commercial real estate collateral. The asset…
Värde Partners Closes $309 Million in U.S. Commercial Real Estate Loans
MINNEAPOLIS and NEW YORK – Värde Partners, a leading global alternative investment firm, today announced it closed $309 million in U.S. commercial real estate loan originations in the first quarter of 2021. The six transactions span multifamily, office, and hospitality assets across four states and the District of Columbia. “In an environment where lending conditions…
Larry H. Miller Real Estate Acquires Daybreak from Värde Partners
Värde Sells Premier Utah Master-Planned Community in Deal That Includes More Than 1,300 Undeveloped Acres MINNEAPOLIS, MN and SANDY, UT – Värde Partners and Larry H. Miller Real Estate, a portfolio company of the Larry H. Miller Group of Companies, today announced that Larry H. Miller Real Estate has acquired Daybreak, a premier master-planned community in South…
Värde Funds $155 Million for Two Office Developments in Hyderabad, India
MUMBAI – Värde Partners, a leading global alternative investment firm, today announced it has provided senior construction financing on two pre-leased office assets in the Gachibowli Financial District of Hyderabad, India. The $155 million facility will be used to refinance and fund to completion over 2.5 million square feet across the two Grade A developments…
Värde-owned Vía Célere Issues First Green Bond by Residential Developer in the Euro Market
LONDON AND MADRID – Värde Partners, a leading global alternative investment firm, today announced that one of its portfolio companies, Vía Célere, has issued the first green bond by a residential real estate developer in the Euro market. Vía Célere is the largest homebuilder in Spain by units delivered in 2020, with a deep residential…
Värde Partners Agrees €128 Million Sale of Barcelona Office Tower to DWS
MADRID – Värde Partners, a leading global alternative investment firm, today announced it has agreed the forward sale of its One Parc Central office development in Barcelona to DWS for €128 million. The sale was agreed through Dospuntos Asset Management, a Värde-controlled real estate company in Spain, formed in December 2017 following its carve-out from…
Värde Partners Invests $250 Million in U.S. Residential Real Estate Developments
Highlights significant opportunity across segments of the U.S. housing market MINNEAPOLIS and NEW YORK – Värde Partners, a leading global alternative investment firm, today announced it has provided more than $250 million of capital to purchase and fund the development of single family residential projects across three transactions in the U.S. “The U.S. housing market…