Articles from DivCore Capital

DivCore Capital today announced the launch of a new residential investment platform, Sentral Strategic Partners, alongside ICONIQ and Sentral that is designed to invest in Class A multifamily acquisitions and development across major U.S. markets. The platform brings together the firms shared focus on innovation and resident experience while leveraging DivCore’s disciplined real estate investment management expertise across major markets nationally, ICONIQ’s innovative approach to building real estate platforms, and Sentral’s hospitality-driven multifamily operating model. The platform expects to pursue approximately $2.5 B of multifamily investment opportunities over time, with sponsor co-investment alongside the platform on a deal-by-deal basis.

DivcoWest, a DivCore Capital company, in a partnership with Grove Real Estate Partners, has purchased The Campus at Trimble, a 253,000 square foot R&D campus located at 375-441 West Trimble Road in North San Jose. Terms of the transaction, which was sourced and closed off-market, were not disclosed. Newmark represented the seller.