On August 19, 2019, CenterSquare Investment Management LLC announced an agreement to purchase RCG Longview.
Continue reading “CenterSquare to Acquire RCG Longview”
Following CenterSquare Investment Management LLC’s (“CenterSquare”) acquisition of RCG Longview, CenterSquare will manage over $12.5 billion across private equity real estate, private real estate debt, listed real estate and listed infrastructure. The transaction is expected to complete by the end of 2019. Further terms of the deal were not disclosed.
CenterSquare, founded in 1987, is a global investment manager that specializes in real estate and infrastructure strategies. As of June 30, 2019, it had approximately $10 billion in assets under management.
RCG Longview, founded in 1999, is a real estate investment firm that provides debt capital solutions for owners and operators of real estate. Berkshire Global Advisors LP acted as financial advisor to RCG Longview.
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