CAPRE’s Commercial Real Estate Headlines for February 6, 2020: Griffin Capital Raises $2.43 Billion, Hunt Refinances Houston Affordable Housing, Fifth Third + Decennial Partner on Opportunity Zones

Check out the latest deals and developments in commercial real estate for February 6, 2020: Griffin Capital Reaches New Record of $2.43 Billion of Equity Raise in 2019: Griffin Capital Company, a leading private asset manager and one of the nation’s premier alternative investment advisors, today announced the achievement of several significant milestones in 2019. During the year, the company raised a total of approximately $2.43 billion, a record for the firm, and a 49.7 percent increase over 2018. Since January 2012, the company has raised $14 billion of investor equity, and deployed that capital across a platform of investment solutions including interval funds, private placements, REITs and tax-advantaged strategies. Griffin Capital attributes the firm’s success in 2019 to the consistent and strong performance of its investment products and the ability to execute on a long-term strategic vision of bringing best-in-class solutions to market. Particularly noteworthy, the firm’s Institutional Access platform of interval funds, conceived and managed by Griffin Capital Asset Management Company, led in capital raising. In 2019, that platform raised more than $1.7 billion, bringing the total equity under management to $4.5 billion. Hunt Real Estate Capital Provides $18.1 Million Fannie Mae MAH Loan to Refinance an Houston Affordable Multifamily Property: Hunt Real Estate Capital has provided a Fannie Mae Multifamily Affordable Housing (MAH) Preservation loan in the amount of $18.1 million to refinance an affordable multifamily community located in Houston, Texas. Copperwood Ranch Apartments is a 280-unit, garden-style…