The purchase of the five shopping centers marks the firm's entrance into the Chicago real estate market.

The disposition follows a $4 million value-add program and represents the firm's second exit from its first multifamily fund.

Seth Weinert has been appointed to principal of the firm, where he will further develop overall strategies and work to identify, analyze and mitigate potential threats.

Law firm Freshfields Bruckhaus Deringer US LLP has signed a 15-year lease at the property, which will serve as its new New York headquarters.

The firm has purchased a fully-leased, 210-unit, age-restricted property near Atlanta, GA, representing its fourth investment within the state this year.

Company veteran Ian Ouwerkerk assumes the role, which he has temporarily served since Q1 2022.

The group has recently closed four RV park transactions across three states.

With the financing, owners Ocean West Capital Partners and Hana Alternative Asset Management have recapitalized their equity interest in the property.