Crow Holdings Capital (CHC), the investment management business of Crow Holdings, has formed a $2.6-billion joint venture with a global institutional investor to expand its retail investment strategy and capitalize on the opportunity to aggregate an institutional-quality portfolio in a highly fragmented market. This platform was created through the recapitalization of an existing $1.8-billion, 173-property portfolio owned by two real estate funds managed by CHC and includes equity commitment for new acquisitions to scale up their business and become dominant in small format food service sector across U.S..
Michael Levy, CEO of Crow Holdings expressed his confidence that this partnership will provide them resources necessary for future success saying “We see further opportunity to be the leading institutional player in this market” .
