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Investcorp buys three US real estate assets for $100mln

Posted on 21 November 2011

Bahrain-based Investcorp has acquired three real estate assets in the United States for around $100 million, a source familiar to the matter said, bringing its total property buys this year to $300 million.
The property purchases include an office complex in Long Beach, California and a $37 million acquisition of the Bethesda Health City building in Boynton Beach,Florida, Investcorp said in a statement. The firm also bought a 221-unit garden and townhouse complex composed of 15 residential buildings located in Atlanta,Georgia………………………………………..Full Article: Source


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