Mccourt Partners And Hn Capital Partners Acquire Dallas Design District Portfolio
02/16/22, 12:01 AM
Industry
commerce and shopping
real estate
professional services
A partnership between McCourt Partners LLC (McCourt), which is based in New York City and Los Angeles, and Dallas-based HN Capital Partners, LLC (HN Capital) has acquired a core piece of the Dallas Design District, a unique real estate portfolio that has been assembled over the past two decades. The portfolio currently spans more than 40 acres and includes nearly 800,000 square feet of leased showroom, retail and flex office space.
Company Info
Company info
McCourt Partners, a business unit of McCourt Global, Inc., is a private investment platform with more than $1 billion of permanent capital. It focuses on real estate development and has made significant investments in flagship projects in New York City, Los Angeles, Austin, London and Miami. McCourt Partners endeavors to build stronger communities through inclusive space, green technology and resilient design.
Company info
HN Capital was founded by former Hunt executive, Vipin Nambiar (previously a Managing Director at Hunt Investments & Hunt Realty). HN Capital is an opportunistic private investor and runs a series of strategies, which include real estate development, hospitality investments and distressed real estate. The group has shown significant growth and investment discipline since its founding in the summer of 2017.
SOURCE McCourt