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Monday, 30 March 2015

Former BlackRock Execs Launch Office Investment Venture

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Former BlackRock Inc. real estate executives Joon Choi and Justin Loiacono have formed Harbor Associates Ventures, which will pursue investments in the office sector.

The Long Beach, Calif., real estate investment manager, is partnering with Bascom Group to pursue what could be about $250 million of investments in the office and mixed-use sectors in Southern California. It has a value-add focus, so it will pursue properties that require renovations or might have high vacancy levels. It...

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“The Weekly” is Commercial Real Estate Direct’s PDF newsletter, sent to subscribers every Friday morning. With over 100 news stories published on Commercial Real Estate Direct each week, “The Weekly” features the top stories in commercial real estate that industry participants need to know first. “The Weekly” also contains:

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Additional Info

  • Syndicate to Realpoint: No
  • Subject: Executive Changes (EXEC)
  • Private: Yes
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Dan Moynihan

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