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Isle Ranch Partners completes four residential acquisitions
The newly formed partner associations completed four acquisitions in Orange County
by Karina AlexanderPublished: January 24, 2013 08:45 AM
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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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. Related headlines Voit Real Estate founder receives lifetime achievement award MIG Real Estate plans to expand 2012 investments Auction.com launches $200 million commercial real estate sale |
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