REAL ESTATE INVESTMENT
Anchor Health Propertiesc | September 27, 2022
StepStone Real Estate, the real estate arm of private markets investment firm StepStone Group Inc., has made a significant strategic equity investment in Anchor Health Properties (Anchor), a best-in-class owner, manager, and developer of healthcare real estate across the United States. The investment was made through a separate account managed by SRE on behalf of a large international pension fund client. As of June 30, 2022, SRE oversaw US$168 billion in global real estate capital allocations for its limited partners and clients. Anchor intends to utilize the investment to fund future platform growth, as well as to enhance its balance sheet and credit reserves. Anchor Health Properties continues to be the majority owner and managing member of the operating platform.
"The commitment of one of the world's largest institutional investors to partner with the Anchor platform will help us manage and accelerate future growth in the coming years, We are confident that Anchor and SRE share a similar cultural fit, long-term ownership mentality, appropriate risk-adjusted decision making, and a vision to facilitate best-in-class healthcare services through our healthcare facilities across the United States. We are excited for this next chapter of Anchor's growth as we continue to 'pursue better healthcare through real estate solutions' across our three major service lines."
-Ben Ochs, Anchor's Chief Executive Officer
James Schmid, the firm's Chief Investment Officer, noted, In early 2022, Anchor evaluated the potential to enhance the firm's corporate balance sheet and prepare for the next stage of platform growth. We had the opportunity to meet with a wide range of equity and debt capital investors across the globe and evaluate the potential to partner with strategic growth capital as we continue to expand our development, management, and investment reach and capabilities. We anticipate there will be increased investment and development opportunities in the coming months and years, and we are well positioned to take advantage to drive outsized returns for investors as those opportunities arise. Further, we are excited to benefit from SRE's insights into global capital flows and dynamic approaches to business execution.
John Waters, SRE Partner and Head of Investments added, We got to know Anchor while we were evaluating best-in-class partners with which to make a strategic investment in the US healthcare real estate sector. We believe that our recapitalization of Anchor will help them to achieve their growth objectives and significantly enhance their operating platform going forward.
Ted Flagg, Senior Managing Director for JLL Securities, facilitated a targeted investor process to help Anchor evaluate equity and debt options for a platform investment over the course of 2022. Mr. Flagg added, JLL Securities is pleased to have represented Anchor to find the right investor for long-term platform growth. After considering a meaningful number of different and attractive proposals from domestic and international investors, JLL worked with Anchor to determine the best strategic fit with a partner who shared a similar approach to investing, including a long-term investment mindset and a continued commitment to providing exceptional services for healthcare real estate.
Anchor Health Properties was advised on legal elements by Goodwin & Proctor LLP during the transaction process. SRE was advised by Latham & Watkins LLP. Jones Lang LaSalle Securities provided financial advisory services to Anchor Health Properties for the transaction.
About Anchor Health Properties
Anchor Health Properties is a national, full-service healthcare real estate development, management, and investment firm serving investors and health systems. Leveraging our collective experience and resources, our nimble, and thoughtful team of professionals develop and deliver tailored, client-specific solutions to respond to today's healthcare challenges – thinking outside the "medical office box." With more than $1.5B of completed development projects, nearly 9M square feet under management, and nearly $3B invested in stabilized healthcare facilities, Anchor continues to create a better healthcare experience for patients and a competitive edge for our clients. Anchor maintains multiple offices nationwide and features more than 100 professionals in its ranks. Healthcare today calls not only for new and more efficient ways of delivering healthcare services, but also a different kind of healthcare real estate company.
REAL ESTATE TECHNOLOGY,REAL ESTATE INVESTMENT
Oxylabs | November 25, 2022
Oxylabs, the leading premium proxy and public web data acquisition solution provider, has launched its Real Estate Scraper API, enabling automated data acquisition from a large variety of real estate websites.
The real estate industry has begun using web scraping significantly, enabling companies to extract valuable non-traditional data. For instance, most real estate ads exist online and web scraping is the primary technology allowing the collection of such intelligence, which, once analyzed, allows betting on data-backed decisions.
In addition, such features as proximity and dispersion of points of interest have been shown to have strong predictive power for property value. While these data points are extremely valuable, getting a constant and reliable stream is challenging, which has created a rising interest in real estate external data providers.
"Within the realm of data and information, scraping provides virtually limitless opportunities to businesses and individuals alike. Our internal research revealed that real estate web scraping has been growing significantly, with our sales teams noticing a sharp rise in client inquiries. Businesses use automated data acquisition to drive revenue and, at the same time, improve the livelihood of consumers through use cases such as creating data aggregators."
- Nedas Višniauskas, Commercial Product Owner at Oxylabs
Oxylabs stands at the forefront of automated public web data gathering, holding numerous patents for technologies associated with the field. Expansion into real estate data scraping is another step toward reaffirming the company's commitment to innovation in the industry.
While Oxylabs has always provided infrastructure for scraping real estate data, it previously necessitated the usage of in-house scrapers. With the newest release, Oxylabs will make real estate data scraping accessible and cost effective to businesses of all sizes.
Established in 2015, Oxylabs is a premium proxy and public web data acquisition solution provider, enabling companies of all sizes to utilize the power of big data. Constant innovation, a large patent portfolio, and a focus on ethics have allowed Oxylabs to become a global leader in the data acquisition industry and forge close ties with dozens of Fortune Global 500 companies. In 2022, Oxylabs was named the fastest-growing public data gathering solutions company in Europe in the Financial Times' FT 1000 list.
REAL ESTATE TECHNOLOGY,REAL ESTATE INVESTMENT
Wolsen Real Estate | November 30, 2022
Wolsen Real Estate today announced Wolsen Realty and its partnership with Side, the only real estate technology company that exclusively partners with high-performing agents, teams, and independent brokerages to transform them into market-leading boutique brands and businesses. The alliance will ensure that Wolsen Realty’s professional, upscale services are powered by the industry’s most advanced platform.
Since 2012, Wolsen Realty founder Denis Smykalov has provided exceptional real estate services as an agent and, since 2014, as a licensed broker. He harbors a deep knowledge of the local luxury market, which he integrates with his work to produce profitable results. With an innate ability to form long-lasting connections and a tenacious motivation to reach his clients’ goals, Smykalov has cemented his respected reputation among the top agents in Miami’s most competitive markets. With the help of his team, Smykalov has achieved more than $300 million throughout his career, $100 million of which was sold in 2021 alone. Of those totals, $20 million was managed exclusively using cryptocurrency.
Wolsen Realty serves buyers, sellers, and investors with unparalleled concierge-style assistance in Miami’s most upscale markets. It hosts dozens of professionals who provide a full suite of services in their respective fields, including dedicated marketing, social media, and administrative teams. With over 100 years of combined experience actualizing customer aspirations, Wolsen Realty agents continue to set industry standards, paving the way via state-of-the-art marketing strategies and an ever-growing network.
Partnering with Side will ensure Wolsen Realty remains on the cutting edge of the evolving real estate market while continuing to deliver premium services to its clients. Side works behind the scenes, supporting Wolsen Realty with a one-of-a-kind brokerage platform that includes proprietary technology, transaction management, branding and marketing services, public relations, legal support, lead generation, vendor management, infrastructure solutions, and more. Additionally, Wolsen Realty will join an exclusive group of Side partners, tapping into an expansive network from coast to coast.
“I’m thrilled to take Wolsen Realty’s influence over the top with Side, With additional marketing, technology, administrative, and legal support to streamline our processes, we can strengthen our focus on building and maintaining client relationships to ultimately yield outstanding results.”
About Wolsen Realty
Wolsen Realty fronts exclusive, concierge-style assistance for buyers, sellers, and investors in the upscale Miami market. With tireless persistence, unwavering professionalism, and an unparalleled work ethic, the Wolsen Realty team consistently produces lucrative results. Combining innovative industry strategies with transparent services, Wolsen Realty agents flawlessly secure luxury-level transactions so that its clients can live lavishly.
Side is a behind-the-scenes brokerage platform that exclusively partners with top-performing agents, teams, and independent brokerages to create and grow their own boutique brands without the cost, time, or risk of operating a brokerage. Side’s proprietary technology platform and premier support solutions empower its agent partners to be more productive, grow their business, and focus on serving their clients. Side is headquartered in San Francisco.