IRA Capital Sells KinderCare Portfolio
IRA Capital is pleased to announce the sale of a five-property KinderCare Learning Center Portfolio. The well-located, high quality assets were acquire data discount to market valuations. The Learning Centers are located in Colorado, Illinois, Maryland, and Florida(2). Each asset is in a growing suburban area with above average demographics, with strong visibility on the morning commute side of major arterials. IRA successfully implemented a Portfolio breakup strategy within 10 months of acquisition. The sale exceeded initial projections and achieved a net 1.31x equity multiple with a net 45% IRR to investors. IRA Capital is actively acquiring retail, office, and medical office assets throughout the country.
IRA Capital is a real estate private equity company focused on creating and maximizing value through the strategic acquisition and management of assets. IRA Capital has acquired approximately $600 million of commercial real estate throughout the country over the past four years. The principals of IRA Capital have more than six decades of combined real estate experience and have transacted on over $3.5 billion across a range of asset classes and geographic markets, with a proven track record of profitability. IRA Capital is aggressively looking for investment opportunities.
Please submit all opportunities for consideration to: acquisitions@iraCapital.com
Amer F. Kasm Samir M. Patel Jay H. Gangwal Mohannad S. Malas
(949)258-7402 (949)258-7403 (949)258-7404 (949)258-7412
akasm@iraCapital.com spatel@iraCapital.com jgangwal@iraCapital.com mmalas@iraCapital.com