Magellan Investment Partners, LLC and Kinship Capital announced that, through a joint venture, they have acquired Avant at Castle Pines in Castle Pines, Colorado. The 356-unit apartment community built in 2002 is the only rental property located in Castle Pines, a prosperous suburb of Denver that has experienced tremendous growth over the last few years.
In a new joint venture, Kinship Capital, The John Buck Company and Element Properties, have closed on a land investment to redevelop the Sutherlands lumberyard site in Boulder, Colo., in a $100 million mixed-use project.
Kinship Capital, in a joint venture with SIMEON Commercial Properties, has closed on a new land investment designated for a mixed-use residential and retail building at the northwest corner of Post Street and North San Pedro Street in San Jose, Calif.
Chicago-based Kinship Capital and San Francisco-based SIMEON Commercial Properties have formed a joint venture to acquire two office buildings in Sunnyvale, 810 West Maude Avenue and 470 Potrero Avenue.
A three-company joint venture has come together to acquire the 127,000 square foot 5301 Patrick Henry Drive office/R&D facility in Santa Clara. The companies involved are Chicago-based Kinship Capital and Pearlmark Real Estate Partners as well as San Mateo-based Insight Realty Company.