May 18, 2024
Property

Southeast Property Group Expands Footprint with

JACKSONVILLE, FL – Multifamily real estate investment firm, Southeast Property Group, has acquired a two-property, 328-unit apartment portfolio in Jacksonville, Florida. Due to the distressed nature of the properties, Colonial Forest and Northwood Apartments will be re-branded to The Belmont and Avenue at 1601, respectively. The Florida based investment firm has already begun a $9.7 million renovation program that includes

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Investment

Richard Baker’s Family Investment Firm to Buy Galeria in Germany

NRDC Equity Partners, the private investment firm controlled by Richard Baker and his family, has successfully bid to acquire the bankrupt Galeria in Germany, WWD has learned. NRDC is said to be partnering with Bernd Beetz, the former chief executive officer of Coty, in the deal which was signed Tuesday, according to a source close

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