News
Midway and Arc Capital Partners Acquire Sabine Street Lofts
Wednesday, November 9, 2022
JV between Midway and Arc Capital Partners purchases 198-unit, Class-A, lofts-style apartment community on Buffalo Bayou, with a plan to renovate and convert units into workforce housing.
Westview in downtown Austin sells to LA firm
Thursday, May 12, 2022
Westview, a downtown office building near the Texas Capitol totaling 100,166 square feet, has changed hands with the help of JLL. This story looks at the companies involved in the transaction and also includes our latest list of the largest office buildings downtown.
Chapman Plaza Secures $26 Million Loan
Monday, August 2, 2021
Downtown-based Arc Capital Partners has been given $25.5 million in senior bridge financing for Chapman Plaza, a 43,000-square-foot retail center in Koreatown. The money replaced existing debt and will fund future expenses including tenant improvements and leasing costs.
Arc Capital Partners acquires Urban Retail Properties from ASB Real Estate Investments
Tuesday, May 5, 2021
ASB Real Estate Investments (ASB) has sold two retail buildings near the corner of Beverly and Robertson Boulevards in West Hollywood, CA to Arc Capital Partners (Arc) in partnership with Belay Investment Group (Belay). The properties, which are 100 per cent leased to three high-credit retailers, comprise a total of 18,838 square feet of space. The sale to Arc was made by ASB on behalf of its Allegiance Real Estate Fund, a USD7.4 billion core vehicle.
Perseverance Rewards DJM With $70M Recap of SoCal Mixed-Use Waterfront Asset
Tuesday, April 6, 2021
DJM has landed a $70 million loan to recapitalize a Southern California mixed-use waterfront property, one year after nearly reaching the finish line at the onset of the COVID-19 pandemic. The private equity real estate developer inked a $46.5 million loan from Prime Finance, plus an additional $24.5 million of new funding from Arc Capital Partners, for its Lido Marina Village property in Newport Beach, Calif., last month.
Arc Capital Receives $100M From Belay Investment for ArcWest Acquisitions
Monday, November 26, 2018
Downtown-based Arc Capital Partners received an allocation of $100 million from Sherman Oaks-based Belay Investment Group, the companies announced Nov. 26. Belay had given a first allocation of $50 million in 2016. A joint venture between the two, called ArcWest Partners, will acquire $400 to $425 million of urban properties with both allocations. ArcWest Partners was formed in 2016.
Brooklyn Cos. Buys Mixed Use Building in Koreatown for $11.3M
Friday, August 31, 2018
A brother-and-sister lawyerly duo has launched The Brooklyn Cos., a downtown Los Angeles-based firm billed as a real estate firm serving family offices, which has acquired its first property, a four-story, 54-unit, 45,000-square-foot mixed-use apartment building at 240 S. Western Ave. in Koreatown, for $11.3 million, or roughly $208,000 per unit.
Popular Sylvan Thirty Apartments in West Dallas Change Hands
May 30, 2017
A high-profile West Dallas real estate development has a new owner. The rental community in the popular Sylvan Thirty project on Fort Worth Avenue has been sold to California investors. The project at Sylvan Avenue and Interstate 30 was the first mixed-use development to get going in the now-booming district just west of downtown. Sylvan Thirty, now 3 years old, includes a retail and restaurant complex plus 201 apartments. Los Angeles-based Arc Capital Partners purchased the apartment portion of Sylvan Thirty from the local development group that built the project, Dallas County deed records show.
ArcWest Partners Acquires Koreatown’s Historic Chapman Plaza
July 12, 2016
ArcWest Partners, a joint venture between Arc Capital Partners LLC and Belay Investment Group, LLC, announced today that it has acquired Chapman Plaza, an approximately 50,000 square foot historic retail center in Koreatown, Los Angeles. Hosting ten restaurant and dining options, Chapman Plaza is located at the heart of Koreatown’s emergence as a culturally-rich culinary destination. This is the first acquisition of the joint venture recently formed to target urban infill properties in the path of millennial growth.
Belay Investment Group Joins with Arc Capital Partners to Target $150 Million of Multifamily and Retail in California and Texas
June 22, 2016
Belay Investment Group, LLC and Arc Capital Partners LLC announce the launch of a programmatic joint venture to acquire and reposition up to $150 million of multifamily and retail properties in California and Texas. The joint venture, ArcWest Partners, will target value-add and opportunistic acquisitions in urban submarkets experiencing strong millennial demand growth.
Arc Capital Partners Hires Michael Downes as Managing Director - Head of Asset Management
June 3, 2015
Arc Capital Partners LLC (“Arc Capital Partners”), a Los Angeles-based boutique commercial real estate platform, announced today that Michael Downes has been appointed Managing Director - Head of Asset Management, a new position within the firm. Downes will oversee the firm’s growing portfolio and will work with the originations team in identifying and executing new investments.
Arc Capital Partners Joint Venture Acquires 132-Unit Multifamily Community in San Diego, CA
October 9, 2014
Arc Capital Partners LLC, a boutique commercial real estate investment platform, partnered with Alex. Brown Realty, Inc. and New Standard Equities through a joint venture to acquire a multifamily property centrally located in the North Park submarket of San Diego. Solana Vista is a 132-unit, Class-B apartment complex located in a high-density area near the city’s employment centers, cultural attractions, and recreational activities.
Arc Capital Partners LLC Announces Strategic Partnership with Columbia Pacific Advisors
June 5, 2014
Arc Capital Partners announced a strategic partnership with Columbia Pacific Advisors, an alternative investment firm. Columbia Pacific committed both operating and investment capital to Arc Capital Partners to pursue value-add and opportunistic investments across the Western United States.
Arc Capital Partners Acquires Central Denver Distribution Center and Retail Outlet from Sears
April 24, 2014
Arc Capital Partners acquired a 370,000-square-foot Sears distribution facility and retail outlet located in Denver’s urban central submarket. While the property is best known as the location of Denver’s only Sears Outlet, it also includes a 330,000-square-foot warehouse/logistics facility on 18 acres of land. Arc Capital Partners acquired the property from Sears Logistics Services, Inc. through an affiliated joint venture. Arc Capital Partners engaged Denver-based Triumph Real Estate Corporation to acquire, upgrade and convert the existing buildings into a thriving industrial and retail park.
Arc Capital Partners Acquires the Establishment Apartment Community in Austin, TX
December 2, 2013
Arc Capital Partners, a real estate investment platform formed by 20-year industry veterans Quincy Allen and Neville Rhone, has acquired The Establishment, a 139-unit apartment community in the South Congress submarket of Austin, Texas. The company partnered with Cardinal Group Investments to acquire the property on November 22, 2013. The Establishment was acquired in an off-market transaction and is located in an emerging community that is only 10 minutes from downtown Austin.
Arc Capital Partners acquires Urban Retail Properties from ASB Real Estate Investments
Tuesday, May 5, 2021
ASB Real Estate Investments (ASB) has sold two retail buildings near the corner of Beverly and Robertson Boulevards in West Hollywood, CA to Arc Capital Partners (Arc) in partnership with Belay Investment Group (Belay). The properties, which are 100 per cent leased to three high-credit retailers, comprise a total of 18,838 square feet of space. The sale to Arc was made by ASB on behalf of its Allegiance Real Estate Fund, a USD7.4 billion core vehicle.
Perseverance Rewards DJM With $70M Recap of SoCal Mixed-Use Waterfront Asset
Tuesday, April 6, 2021
DJM has landed a $70 million loan to recapitalize a Southern California mixed-use waterfront property, one year after nearly reaching the finish line at the onset of the COVID-19 pandemic. The private equity real estate developer inked a $46.5 million loan from Prime Finance, plus an additional $24.5 million of new funding from Arc Capital Partners, for its Lido Marina Village property in Newport Beach, Calif., last month.
Arc Capital Receives $100M From Belay Investment for ArcWest Acquisitions
Monday, November 26, 2018
Downtown-based Arc Capital Partners received an allocation of $100 million from Sherman Oaks-based Belay Investment Group, the companies announced Nov. 26. Belay had given a first allocation of $50 million in 2016. A joint venture between the two, called ArcWest Partners, will acquire $400 to $425 million of urban properties with both allocations. ArcWest Partners was formed in 2016.
Brooklyn Cos. Buys Mixed Use Building in Koreatown for $11.3M
Friday, August 31, 2018
A brother-and-sister lawyerly duo has launched The Brooklyn Cos., a downtown Los Angeles-based firm billed as a real estate firm serving family offices, which has acquired its first property, a four-story, 54-unit, 45,000-square-foot mixed-use apartment building at 240 S. Western Ave. in Koreatown, for $11.3 million, or roughly $208,000 per unit.
Popular Sylvan Thirty Apartments in West Dallas Change Hands
May 30, 2017
A high-profile West Dallas real estate development has a new owner. The rental community in the popular Sylvan Thirty project on Fort Worth Avenue has been sold to California investors. The project at Sylvan Avenue and Interstate 30 was the first mixed-use development to get going in the now-booming district just west of downtown. Sylvan Thirty, now 3 years old, includes a retail and restaurant complex plus 201 apartments. Los Angeles-based Arc Capital Partners purchased the apartment portion of Sylvan Thirty from the local development group that built the project, Dallas County deed records show.
ArcWest Partners Acquires Koreatown’s Historic Chapman Plaza
July 12, 2016
ArcWest Partners, a joint venture between Arc Capital Partners LLC and Belay Investment Group, LLC, announced today that it has acquired Chapman Plaza, an approximately 50,000 square foot historic retail center in Koreatown, Los Angeles. Hosting ten restaurant and dining options, Chapman Plaza is located at the heart of Koreatown’s emergence as a culturally-rich culinary destination. This is the first acquisition of the joint venture recently formed to target urban infill properties in the path of millennial growth.
Belay Investment Group Joins with Arc Capital Partners to Target $150 Million of Multifamily and Retail in California and Texas
June 22, 2016
Belay Investment Group, LLC and Arc Capital Partners LLC announce the launch of a programmatic joint venture to acquire and reposition up to $150 million of multifamily and retail properties in California and Texas. The joint venture, ArcWest Partners, will target value-add and opportunistic acquisitions in urban submarkets experiencing strong millennial demand growth.
Arc Capital Partners Hires Michael Downes as Managing Director - Head of Asset Management
June 3, 2015
Arc Capital Partners LLC (“Arc Capital Partners”), a Los Angeles-based boutique commercial real estate platform, announced today that Michael Downes has been appointed Managing Director - Head of Asset Management, a new position within the firm. Downes will oversee the firm’s growing portfolio and will work with the originations team in identifying and executing new investments.
Arc Capital Partners Joint Venture Acquires 132-Unit Multifamily Community in San Diego, CA
October 9, 2014
Arc Capital Partners LLC, a boutique commercial real estate investment platform, partnered with Alex. Brown Realty, Inc. and New Standard Equities through a joint venture to acquire a multifamily property centrally located in the North Park submarket of San Diego. Solana Vista is a 132-unit, Class-B apartment complex located in a high-density area near the city’s employment centers, cultural attractions, and recreational activities.
Arc Capital Partners LLC Announces Strategic Partnership with Columbia Pacific Advisors
June 5, 2014
Arc Capital Partners announced a strategic partnership with Columbia Pacific Advisors, an alternative investment firm. Columbia Pacific committed both operating and investment capital to Arc Capital Partners to pursue value-add and opportunistic investments across the Western United States.
Arc Capital Partners Acquires Central Denver Distribution Center and Retail Outlet from Sears
April 24, 2014
Arc Capital Partners acquired a 370,000-square-foot Sears distribution facility and retail outlet located in Denver’s urban central submarket. While the property is best known as the location of Denver’s only Sears Outlet, it also includes a 330,000-square-foot warehouse/logistics facility on 18 acres of land. Arc Capital Partners acquired the property from Sears Logistics Services, Inc. through an affiliated joint venture. Arc Capital Partners engaged Denver-based Triumph Real Estate Corporation to acquire, upgrade and convert the existing buildings into a thriving industrial and retail park.