Ivy Equities forms new fund.Ivy Equities, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a diversified investment firm, has announced its Ivy Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. affiliate has closed on a new $30 million private equity fund. Ivy Realty Fund I, LP will be focused on acquiring, developing, financing and operating a portfolio of diversified commercial real estate assets throughout the Northeast. Ivy Realty Fund I has the ability to leverage up to $300 million to $500 million in investment opportunities over the next several years. The principals of Ivy have, since 1996, built a track record of real estate investment and development spanning nearly five million square feet of commercial space valued at nearly $1 billion. Recognized as one of the industry's most active and successful real estate investors A real estate investor is someone who actively or passively invests in real estate. An active investor may buy a property, make repairs and/or improvements to the property, and sell it later for a profit. and developers, Ivy has amassed a portfolio of over 40 properties throughout the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , New Jersey and Connecticut region, consistently generating above market returns. Ivy Realty Fund I will target value-add investments in the office, industrial, retail, R&D, mixed-use and other property types with upside potential Upside potential The amount by which analysts or investors expect the price of a security may increase. upside potential The potential price or gain that may be expected in a security or in a security average, generally stated as the dollar . The fund will be led by a highly experienced team of professionals including Russell F. Warren, co-manager; Anthony P. DiTommaso, co-manager; Raymond M. Nafash, chief financial officer; and David G. Archibald, senior investment officer. Russell Warren Russell Warren may refer to:
"This new fund takes advantage of our proven expertise in the real estate sector and provides us with the flexibility and resources to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. a variety of market opportunities. Mirroring the success of our healthcare fund, this real estate fund will reflect our core principles of being highly selective, focused and disciplined in our investment strategy." DiTommaso added, "This new fund leverages our internal resources, expertise and the outstanding team of professionals we have assembled at Ivy. We have a proven ability to source opportunistic investments in the real estate sector. In today's real estate market, we are confident that our ability to source value-added opportunities is a distinct competitive advantage." The creation of Ivy Realty Fund I follows the success of Ivy's affiliated healthcare private equity fund. Ivy Healthcare Capital is a $30 million investment fund that specializes in investing in promising companies operating in the musculoskeletal musculoskeletal /mus·cu·lo·skel·e·tal/ (-skel´e-t'l) pertaining to or comprising the skeleton and muscles. mus·cu·lo·skel·e·tal adj. Relating to or involving the muscles and the skeleton. sector of the healthcare industry. Founded in 2003, Ivy Healthcare Capital currently has seven portfolio investments. |
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