Real Estate Acquisition Information for Private Equity Firms
I'm researching a RE PE fund and am looking to find a way of what real estate they have bought and sold. Is there a way to do that?  They have multi-family and commercial holdings.
[{"id": "j24cjij", "text": "There are none. That is, unless they publish quarterly reports, or acquisitions to give out data. Hiding acquisition data is pretty much market practice sadly. The fund I currently work for is trying to change it by making everything possible available.", "replies": [{"id": "j24jke7", "text": "I figured this might be the case. I thought there might be an MLS or CIE, but I had a hunch that was a reach. I'd imagine the industry wants to maintain the status quo, hope your firm finds a way to change that.", "replies": [{"id": "j24mwy8", "text": "The thing is, hiding the information doesn't really benefit anyone. The market changes constantly and an acquisition cap rate or price won't matter even after a month of ownership as the market and asset would have changed, albeit, only little.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "j24g4fn", "text": "Prequin does provide some of this", "replies": [], "depth": 1}, {"id": "j24iprg", "text": "Costar if they managed to pierce the corporate veil well enough.", "replies": [], "depth": 1}, {"id": "j24jayj", "text": "A mix of Preqin and RCA (Real Capital Analytics) would help - but both are subscription based", "replies": [{"id": "j24m8s0", "text": "RCA has the data you want but it\u2019s $$$$$", "replies": [{"id": "j256vsu", "text": "RCA is the best", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "j25axy1", "text": "As a new broker I am provided Costar and Lexis Nexus through my company. Good for ownership information. A lot of data aggregators search public record and if you know where to look you will typically find what you are looking for, that being said the compensation you pay is time. Price and deal terms are typically confidential since my state is non-disclosure, but as you grow and learn the market, you will be able to estimate market trends, rates, demand and so forth to get a better understanding of deal terms. And at the end of the day, all the PE firms that own property of my product type in my market, and are willing to cooperate with outside brokers to get deals done, are a phone call away. Always making sure I stay in contact with them, providing them value, and presenting my inventory to them if they own property that\u2019s similar or that\u2019s what their fund specializes in.", "replies": [], "depth": 1}, {"id": "j26e6km", "text": "Public records: Depending on the jurisdiction, you may be able to find information about real estate acquisitions through public records, such as county assessor or land records. These records may provide information about the property, including the sale price and the parties involved.\nNews articles: If the acquisition was significant or newsworthy, it may have been reported on by local or national media outlets. A simple online search may yield articles about the acquisition.\nIndustry publications: There are many real estate and private equity industry publications that may report on acquisitions made by private equity firms. These publications may require a subscription, but they can be a good source of information.\nCompany website: Private equity firms often highlight their investments on their website, including real estate acquisitions. This may not provide detailed information about specific properties, but it can give you an overview of the types of real estate assets the firm has acquired.\nReach out to the firm: If you are unable to find the information you are looking for through these other sources, you may want to consider reaching out to the private equity firm directly. You could try contacting them through their website or by reaching out to their investor relations department. Keep in mind that they may not be willing to provide detailed information about specific acquisitions.", "replies": [], "depth": 1}]