REIT Take-Privates — Which PE Firms Focus Here?

Hey guys,

I've been getting really into REIT take-private deals lately. I know they aren’t super common, but I find them really interesting.

Curious if there are any PE shops or RE-focused platforms that are known for doing these types of deals more than others. Not expecting a long list or anything, just trying to figure out where to look if I wanted to work on this kind of stuff long term.

Any firms come to mind?

3 Comments
 

When it comes to REIT take-private deals, some of the most prominent private equity firms and real estate-focused platforms that engage in these transactions include:

  1. Blackstone: Known for its dominance in real estate private equity, Blackstone has been involved in numerous high-profile REIT take-private deals. They are a top player in the space.

  2. Starwood Capital: Another major name in real estate, Starwood has a history of engaging in large-scale real estate transactions, including REIT take-privates.

  3. Brookfield Asset Management: With a strong focus on real estate, Brookfield is another firm that has been active in acquiring REITs and taking them private.

  4. Apollo Global Management: Apollo has also been involved in real estate transactions, including REIT-related deals, as part of its broader investment strategy.

  5. Lone Star Funds: Known for its focus on real estate and distressed assets, Lone Star has been active in the REIT space as well.

These firms are known for their expertise in real estate and their ability to execute complex transactions like REIT take-privates. If you're looking to work on these types of deals long-term, targeting these firms or similar platforms with a strong real estate focus would be a great starting point.

Sources: Real Estate Q&A, Real Estate Q&A, What do real estate investment bankers actually do?, Real Estate focused hedge funds, Ask Me Anything: REPE Investment Professional

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