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Mccourt Partners And Hn Capital Partners Acquire Dallas Design District Portfolio

PRIVATEFeb 16, 2022

Acquiring Company

McCourt Partners

Acquired Company

Design District Portfolio

Professional ServicesReal EstateCommerce And Shopping

Description

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.

Quick answer

McCourt Partners and HN Capital are acquiring Design District Portfolio, announced February 16, 2022.

How much did McCourt Partners pay for Design District Portfolio?
The deal value was not disclosed.
What does McCourt Partners do?
McCourt Partners, a business unit of McCourt Global, Inc., is a private investment platform with more than $1 billion of permanent capital.

Source: Fundz verified event record.

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Company Information

Company

McCourt Partners

About

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

HN Capital

About

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

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Frequently asked

Who acquired Design District Portfolio?

Design District Portfolio was acquired by McCourt Partners. The deal was reported on February 16, 2022. McCourt Partners, a business unit of McCourt Global, Inc., is a private investment platform with more than $1 billion of permanent capital. McCourt Partners is privately held.

When did McCourt Partners acquire Design District Portfolio?

McCourt Partners's acquisition of Design District Portfolio was reported on February 16, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Design District Portfolio do?

Design District Portfolio is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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