The owners of a 157,322-square-foot shopping center in Ventura, Calif., have unloaded the property for $66 million. Newmark announced that private equity firm IRA Capital sold Poinsettia Plaza, but did not disclose the name of the buyer. However, a source familiar with the deal told Commercial Observer that Aribo Corporation acquired the retail property in a...
IRA Capital Continues Growth of its Team through Promotion and New Hires
Irvine, CA August 12, 2022 - Southern California private equity firm IRA Capital ("IRA" or the "Company") today announced the promotion of Daniel Sitz and Azhar Jameeli to the roles of Managing Director, as well as the addition of Austin Lee as Senior Associate. Azhar Jameeli’s promotion to the role...
IRA Capital Acquires San Diego Medical Buildings Anchored by Scripps Health
July 15, 2022: Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of two medical office buildings totaling 21,000 square feet predominantly occupied by Scripps Health in Vista, California. Scripps Health is a $2.9 billion private, nonprofit, integrated health system in San Diego that is ranked...
IRA Capital Buys Las Colinas Corporate currently serves as the corporate headquarters
March 29,2022: The almost 250,000-square-foot campus at 6555 Sierra Drive currently serves as the corporate headquarters for utility firm Vistra Corp. Vistra, a retail electricity and power generation company, has fully leased the campus through 2035, according to the Dallas Business Journal. IRA acquired the complex from a joint venture...
IRA Capital Announces New Hires and Record Growth Expectations for 2022
March 3,2022: Southern California private equity firm IRA Capital (“IRA” or the “Company”) exceeded its projected growth plans in 2021 and is expected to further increase its investment activity in 2022. IRA sold one of the largest healthcare real estate portfolios for $620 Million to Nuveen Real Estate last August and...
CIT Provides $80.7 Million to IRA Capital for Surgical Center Acquisitions
NEW YORK, Feb. 16, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Healthcare Finance business served as sole lead arranger on two financings totaling $80.7 million for the acquisition of surgical centers in Naples, Florida, and Alexandria, Louisiana. In Naples, Florida, CIT provided $49.2 million toward the acquisition of a three-story surgical hospital and specialty...
IRA Capital Acquires Serra Medical Plaza in Thousand Oaks, California
February 15, 2022: Southern California private equity firm IRA Capital (IRA) is pleased to announce the acquisition of Serra Medical Plaza, a 13,000 square-foot two-story medical building in Thousand Oaks, California. The Property was built-to-suit in 2014 and is 100% leased to Thousand Oaks Surgery Center (TOSC) – a leading...
IRA Capital Acquires Naples Surgical Hospital in Southwest Florida
February 3, 2022, Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of Naples Surgical Center, an 86,300 square foot state-of-the art surgical hospital and multi-specialty care center in Naples, Florida. The Class-A medical facility was constructed in 2015 and is 100% occupied by two...
IRA CAPITAL PAYS $106 MILLION FOR CALIFORNIA SENIOR HOUSING ASSETS
January 26, 2022 Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of two newly-constructed Assisted Living and Memory Care facilities totaling 160 units in the Northern California cities of Dublin (Alameda County) and Novato (Marin County). As one of the most active players in...
IRA Capital Acquires Medical Buildings at Doctors Hospital of Augusta
January 24, 2022, Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of two medical office buildings within the 350-bed Doctors Hospital healthcare campus in Augusta, Georgia. The three-story buildings totaling approximately 85,000 square feet are 100% leased to two tenants, Doctors Hospital of Augusta...