Ritz Banc Group, a private equity and alternative asset management firm, announced today the acquisition of Sterling Forest Apartments, a 174-unit multifamily asset located in Raleigh NC. The firm acquired the asset in a joint venture with the Lincoln Property Company for an undisclosed price.
+ Read MoreRitz Banc Group announced today the acquisition of the Huguenot Apartments, a 296 unit multifamily asset located in Richmond VA. The firm acquired the asset in a joint venture with the Lincoln Property Company for an undisclosed price. The majority limited partner in the transaction is a reputable Saudi family office and one of Ritz Banc Group anchored investors.
+ Read MoreRitz Banc Group in partnership with Lincoln Property Company has acquired Avion Lakeside A&D, a 116,489 square feet two class A office portfolio in Chantilly, VA on behalf of a reputable Saudi family office for an undisclosed price.
+ Read MoreRitz Banc Group along with Stonebridge Investments has acquired Spalding Crossing, a 252 units class A multifamily asset in Atlanta, GA on behalf of a reputable Saudi family office. The transaction size was $ 38.1 million.
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