Profile of active Real Estate Investors
In US, real estate transactions had tripled in the commercial sectors; this was helped by growing number of real estate institutions returning to the market, REITs and institutions are leading this wave, here are some companies that have been active in the market recently.
Brookfield Properties Corporation (Canada)
As we have mentioned several times, Canadian Real Estate groups are now the most active foreign investors in US commercial properties. Brookfield Properties is one of the most successful global property group based in Canada. It has significant portfolio, mainly commercial properties, but also some residential and specialty properties across North America.
The company is also actively involved in developments, and is also expanding its presence in Australia & Asia after its integration of Multiplex Group in Australia.
Canadian REITs and individual investors are increasing their presence in United States; helped by the strength and currency as well as their knowledge in US real estate market, their investment activities are expected to increase further this year.
Taubman Centers, Inc. is a self-managed and administered real estate investment trust (REIT). The Company owns, leases, develops, acquires, disposes of and operates regional and super-regional shopping centers.
Its portfolio included more than 23 urban and suburban regional and super-regional shopping centers in ten states. It is one of active REITs that had been building up its portfolio in retail, shopping centre properties in 2010. Taubman’s portfolio is concentrated in North America.
RCG Ventures (United States)
RCG Ventures LLC (RCG) is a privately funded real estate investment group acquiring commercial real estate in the Continental United States.
The company is active in opportunities with value between $3m to $50m across United States. Its current portfolio includes a diverse range of properties in Alabama, Georgia, Florida, North Carolina, South Carolina, Texas, Tennessee and other states. As the firm is based in Georgia, it has very strong presence in Georgia and other nearby states.
Typically, the firm invests in commercial real estate that has very strong anchor tenant in place.