EQS Group-News: W5 Group GmbH / Key word(s): Acquisition
W5 Group closes innovative living transactions with a total capitalization
of $800 million in 2020
2021-01-12 / 07:00
*W5 Group closes innovative living transactions with a total capitalization
of $800 million in 2020
Miami (Florida, USA), January 12, 2021 -* W5 Group (www.w5-group.com [1]) is
pleased to announce the closing of real estate transactions in the US with a
total market capitalization of approximately $800 million during 2020. The
properties, all in the innovative living sector, feature 2,535 beds and
Gross Square Footage of 1.3M. W5 Group is a single-family investment office
focused on innovative investments in the residential real estate space. W5
Group targets equity, preferred equity, or mezzanine investments of $20
million or greater in ground-up developments and existing assets/portfolios
in innovative real estate sectors including multifamily, student housing,
single-family rentals, co-living and micro-apartments in major urban and
high-growth markets in the US.
W5 Group has a long-term investment horizon and was an active investor in US
real estate in 2020. Notable transactions included: a 602-bedroom, ground-up
student housing development located at the University of Central Florida,
Orlando, Florida; i5 Union Market a newly built 318 unit 12 story building
located in the heart of D.C.'s Union Market district, Washington; the
acquisition of a discounted performing loan secured by a 430-unit luxury,
newly built multifamily building in Brooklyn, New York; a 217-bedroom,
ground-up multifamily development in the heart of Wynwood, Miami; and a
691-bed, ground-up student housing development near a major university
campus in Washington, D.C.
"Despite the difficult operating environment due to the pandemic, we were
successfully active in the United States last year. I expect us to be even
more active in 2021 and beyond", said Ralph Winter, principal and founder of
W5 Group.
*About W5 Group LLC *
Established in 2009, W5 Group is the single-family office of prominent
European real estate investor and entrepreneur Ralph Winter. W5 Group has
investment teams in US and Europe with offices in New York, Miami, and
Switzerland. Ralph Winter was a pioneer in student housing and micro
apartments in Europe where he amassed a large-scale portfolio of over 40,000
beds. W5 Group seeks long-term value creation and invests across asset
classes and capital structures with a focus primarily on innovative
residential investments in multifamily, student housing, single-family
rentals and micro-apartments. W5 Group has permanent capital and seeks to
create enduring value and long-term partnerships with high quality operating
partners. Ralph Winter is also a founder of 777 Capital Partners, an
investment boutique for off-market deals in the innovative residential and
commercial real estate segments in the DACH region in Europe.
For more information about W5 Group see our website at www.w5-group.com [1]
*Pressekontakt
Omaar Yemini *
Head of Operations
M +1 (786) 487 9609
o.yemini@w5-group.com
End of Media Release
1159930 2021-01-12
1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=e576f1ce9c83cbd5c4965b43653f7923&application_id=1159930&site_id=vwd&application_name=news
(END) Dow Jones Newswires
January 12, 2021 01:00 ET (06:00 GMT)