FrontRange Capital announced today it has formed a $50 million programmatic joint venture with O’Connor Capital Partners (“O’Connor”), of which FrontRange has committed $35 million. O’Connor is a New York-based fully integrated real estate operating company with development, acquisition, property management, and leasing capabilities. Since 1983, the firm has developed $30 billion of residential and commercial real estate across the United States, Europe, Latin America, and Asia. O’Connor’s current investment strategies include the development and acquisition of large-scale retail centers and mixed-use communities, Class A multifamily properties, and industrial properties. O’Connor targets high-growth markets across the U.S. with a focus on the Eastern Seaboard from New York to Florida. The investment is being made by the FrontRange Co-GP Property Fund. O’Connor will use the proceeds to invest in its growing pipeline of multifamily, industrial, and retail developments and acquisitions, including a programmatic relationship to build dealership and repair facilities for Tesla as a NNN tenant.
About O’Connor Capital Partners
O’Connor Capital Partners is a privately-owned, independent real estate investment, development, and management firm. O’Connor strives to be the preferred real estate investment firm providing institutional investors access to multiple format retail properties and residential development and redevelopment. Within North America, O’Connor’s retail capacity is vertically integrated, utilizing their strong relationships and experience to create high performing investment opportunities. O’Connor’s residential strategy focuses on the Northeast corridor, both urban and inner suburban transit served locations for multifamily development and redevelopment. For more information, please visit oconnorcp.com.