updated 01/24/2013 8:45AM
Isle Ranch Partners completes four residential acquisitions
Isle Ranch Partners, a newly opened alternative investment firm based out of Newport Beach, has recently partnered with TPG Credit Management and acquired four residential properties totaling $50 million of committed capital.
Tom Orradre, founder and managing partner of Isles Ranch Partners, said he was pleased to announce the new company’s launch and partnership with the investment management firm.
"We are confident that our long-term focus on residential acquisition, development and construction, coupled with our strong operating partner relationships, enables us to create significant value for our investors and strategic partners."
The four acquisitions were closed with The Michael Group, Davidson Communities, and Family Communities in Rancho Santa Fe, Carlsbad, Lakeside and Palm Springs.
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