TRANSWESTERN VENTURES GAINS $122 MILLION FOR FIRST INVESTMENT VEHICLE


Partnership to Target U.S. Real Estate Growth Areas and Market Dislocation

HOUSTON, Oct. 03, 2022 (GLOBE NEWSWIRE) — Trans-Western companies, the opportunistic investment arm of the Transwestern family of companies, announces that it has raised $122 million in equity under its first investment strategy, Transwestern Ventures Partners I (“TVP I”), surpassing its original goal of $100 million. Ten entities, comprised primarily of family offices and high net worth investors, have committed between $5 million and $20 million each to TVP I.

Leveraging Transwestern’s approximately 2,100 leasing, development, operations and investment professionals in 33 markets, TVP I will invest in strategic commercial real estate opportunities across the United States. .

“Ventures is focused on finding and executing opportunistic real estate investments leveraging Transwestern’s core competencies, including industrial, multifamily, healthcare, life sciences, office, hotel and l land use planning,” said the managing partner. Fred Knapp. “We are delighted that our investment partners share our vision and, like Transwestern, we look forward to capitalizing on the myriad of opportunities that exist amid rapidly changing market trends.”

Ventures leverages the firm’s extensive platform to find compelling real estate investment opportunities that may require unique skills or creative problem solving to execute. For example, Transwestern Real Estate Services’ ability to secure a 22-acre site in Vacaville, California led to an off-market transaction and plans for Ventures to develop 390,000 square foot speculative biomanufacturing campus in the extremely tight Bay Area. The pre-letting of the project is in progress.

What makes Ventures unique is that no two real estate businesses are the same, and local market expertise plays an important role in determining when and where to deploy capital. Knapp, along with Vice Chairman Hugh Stewart and Partner James Duncan, are involved in the financial evaluation, acquisition and asset management of each investment opportunity. This could serve as a partner for an adaptive reuse project, provide rescue capital for a shelved deal, launch a new development in a limited-supply market, or a host of other opportunities. Either way, the Transwestern platform can provide investment acumen and operational expertise.

“We don’t take a cookie-cutter approach to our investment decisions,” Knapp said. “The Transwestern team, along with its customers and operating partners, has on-the-ground experts in markets nationwide, enabling in-depth conversations with parties who intimately understand regional complexities and industry nuances. This is a core part of our strategy, which we believe will lead to strong returns for venture capitalists.”

About Transwestern Ventures

Transwestern Ventures creates value for investors by sourcing and executing real estate investments in all real estate sectors nationwide. As the opportunistic investment arm of the Transwestern family of companies, Ventures works in synergy with the firm’s services, development and investment management businesses, bringing capital, financial engineering and operational expertise. to undervalued or undermanaged unique properties, businesses and investment opportunities.

Transwestern Private Companies have been providing a superior level of personalized service and innovative real estate solutions since 1978. Through an integrated, personalized approach that starts with great ideas, the company creates value for clients in commercial real estate services, development , investment management. , and opportunistic efforts for wealthy investors. Operating from 33 offices across the United States, Transwestern extends its platform capabilities globally through strategic alliance partners whose unique geographic, cultural and business expertise fuels creative solutions. Learn more at transwestern.com and @Transwestern.

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CONTACT: Molly McMurtry Transwestern Ventures 713.231.1571 [email protected]
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