Home > News > featured news > GI Partners Announces Launch of GI Real Estate Essential Tech + Science Fund ("ETS Fund")

REAL ESTATE TECHNOLOGY

GI Partners Announces Launch of GI Real Estate Essential Tech + Science Fund ("ETS Fund")

GI Partners | July 19, 2021

GI Partners, a leading private investment company, announced the launch of the GI Real Estate Essential Tech + Science Fund ("ETS Fund" or the "Fund"), which seeks to invest in real estate assets that continuously operate to support mission-critical functions of the technology and life sciences industries. The ETS Fund will acquire data center properties, life sciences assets, and always-on R&D facilities in the office and industrial sectors.

GI Partners, founded in 2001, has focused on downside-protected growth investment across all of its strategies, with a special focus on technology and healthcare. The ETS Fund aims to maintain the Firm's strategy of investing in specialized opportunities in critical technology and scientific real estate using the Firm's combined technology, life sciences, and real estate skillsets. The ETS Fund is headed by former Infomart President John Sheputis and over 20 investment and management professionals.

The ETS Fund has been aggressively investing in a broad portfolio of data centers, life sciences assets, and R&D facilities throughout the United States since its inception in early 2021, including:

• Walsh-Bowers Assemblage, a portfolio of three buildings in Silicon Valley's primary data center hub;

• Mt. Eden Research Park, a six-building life sciences campus in the San Francisco Bay area whose current tenants are pioneers in their respective areas and position the asset well for future life sciences growth;

• The Pointe, a pair of life sciences buildings next to a quickly maturing Bay Area of life sciences submarket;

• 3701 Market St., a purpose-built lab and R&D facility with high-quality wet lab, research, medical office, and data center space.

About GI Partners

GI Partners, founded in 2001, is a private investment company with approximately 100 employees headquartered in San Francisco, California, and offices in New York, Chicago, Greenwich, Connecticut, and Scottsdale, Arizona. Over $28 billion in capital has been raised by the company from top institutional investors worldwide to invest in private equity, real estate, and data infrastructure initiatives. The private equity team mainly invests in healthcare, IT infrastructure, services, and software companies. The real estate team specializes in technology and life sciences properties and other kinds of specialty real estate. Finally, the data infrastructure team mainly invests in hard asset infrastructure companies that support the digital economy. GI Partners is a signatory to the Principles for Responsible Investment, a network of international investors backed by the United Nations, and a Global Real Estate Sustainability Benchmark participant.

Spotlight

How to Prepare for Training Your Real Estate Virtual Assistants

Taking time to prepare for training new virtual assistants is important for their (and your) success! Watch this video before training your next remote team member!

More featured news

Spotlight

How to Prepare for Training Your Real Estate Virtual Assistants

Taking time to prepare for training new virtual assistants is important for their (and your) success! Watch this video before training your next remote team member!

Related News

REAL ESTATE INVESTMENT, MORTGAGE AND LENDING

Gantry Completes Second-best Year with Enormous Commercial Mortgage Production

Gantry | January 23, 2023

Gantry, the largest independent commercial mortgage banking firm in the United States, recently informed that it produced $4.93 billion in commercial mortgages in 2022. Meanwhile, even in 2021, Gantry had produced about $5.15 billion despite economic instability. It has broken records in the last three decades, completing the second-best production of commercial mortgage banking operations. Jeff Wilcox, Principal of Gantry, said, "Last year was a tale of two halves, where after record setting Q1 and Q2 production totals, the market slowed for price discovery during the second half of the year. Despite the challenges, we have an experienced team that has successfully navigated cycle shifts in the past and operates proactively from that perspective." (Source - Business Wire) With $17.5 billion in national-level business in 2022, Gantry has no failed or missed transactions in asset types. This performance led to active interactions with clients as the originator and service provider, an actual rating at the time of placement, and a consultative role in choosing the best financial plan for the client's unique investment objectives. In addition, it examines every investment keenly for variations in performance, maturities, and tenant rollover at the annual assessments. In 2022, Gantry provided 476 loans, including every type of commercial asset class. Around 85% of Gantry's 2022 production was financed by life insurers, regional banks, and credit unions, with each type of lender performing better for various borrowers. In terms of asset classes, Gantry continues to secure office, retail, and lender-preferred industrial and multifamily loan deals. In addition, Gantry successfully funded specialty assets, such as healthcare and self-storage, through various correspondent or associate lenders. About Gantry Gantry, a San Francisco-based private mortgage bank, has many correspondent lenders that use its production, closing, and servicing services. The company, founded in 1991, has approximately 100 employees in regional offices in the western US and New York and over 45 production teams that generated nearly $5 billion in the past year. The $17.5 billion nationwide servicing platform covers over 2,000 loans in 43 states. It is one of the few non-banking, non-insurance chartered companies with a Primary Servicer rating from Standard & Poor's.

REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT

The Premier Property Group Acquires Stake in Beachy Beach Real Estate

The Premier Property Group | March 14, 2023

One of the largest residential and independent real estate brokerage in Northwest Florida and an affiliate of Luxury Portfolio International®, The Premier Property Group, recently announced it has acquired a significant stake in Bay County, Florida based, Beachy Beach Real Estate, one of the region's most well-known, independently owned real estate brokerages. The terms of the transaction's finances were not disclosed. The acquisition of the significant stake signifies the Walton County-based company's expansion into Bay County, anchored by Panama City Beach and Tyndall Air Force Base and advancing its long-term growth trajectory in Florida and the Southeastern United States. The Premier Property Group was established in 2008 by Keith Flippo and Bob Parks. With a team of over a hundred agents and staff, it has also led luxury sales across the region. As a result, it is consistently ranked among the top Brokerages in the Florida Panhandle. Beachy Beach Real Estate was established in 2010 by Broker/Owner Karen Smith and is based in Panama City Beach. It will continue to operate under its current name and branding after The Premier Property Group acquired a significant stake, now benefiting from the combined strength will boost the company's rank to the number one in the Bay County's independent brokerages. With 20+ years of industry experience, Smith is admired for her leadership, expertise, and extensive community involvement. She will continue to head Beachy Beach Real Estate and, along with her current executive team, will manage day-to-day operations. About The Premier Property Group The Premier Property Group is one of the largest independent real estate firms in Northwest Florida. The company has been a consistent leader of sales in the region since its first year of operations, and it has been ranked in the top 10% of luxury sales by the Emerald Coast Association of Realtors. It offers experienced and knowledgeable agents in Okaloosa, Walton, and Bay counties who specialize in residential, commercial, and new development real estate. In addition, it serves the 30A, Sandestin, Destin, and Panama City Beach regions of Florida from three convenient locations in Seacrest Beach /Rosemary Beach, WaterColor, and Grand Boulevard at Sandestin.

MARKET OUTLOOK, REAL ESTATE INVESTMENT

FirstBank’s Investment in Zippy Expands Affordable Houseownership

FirstBank | February 23, 2023

FirstBank, a Nashville-based community banking provider to businesses, families, and individuals, recently announced an investment in Zippy, the fintech company that offers seamless manufactured home loans. By combining its knowledge with Zippy's groundbreaking technology, FirstBank is able to increase access to affordable homeownership and demonstrate its dedication to providing cutting-edge banking solutions for its local communities. Zippy is at present available in nine states including Kansas, Virginia, Missouri, Georgia, Alabama, Michigan, Texas, Arizona, and Indiana, and intending to double its current footprint in 2023. Zippy supports customers access for community-sold homes in master-planned communities that provide homeowners with amenities through the home loans the company offers. The amenities it helps with include workout facilities, community pools, playground and more. FirstBank has a vast experience in home lending manufacturing, and with investment in Zippy it will offer manufactured homes that are well-constructed and provide much-needed affordability amidst the current housing crisis in the United States. Zippy was created by former JP Morgan bankers, CEO Ben Halliday, and COO/President Jordan Bucy. They became community owners after acquiring a manufactured home community and completing a four-year renovation project. This experience gave them insight into the challenges facing the industry and a respect for the manufactured housing model. They then developed a unique online platform that can provide competitive loans in just five days. Wade Peery, Chief Innovations Officer at FirstBank, said, "FirstBank has extensive experience in manufactured home lending and has invested in fintech partnerships that enable us to offer innovative solutions that meet the needs of our customers.“ He also said, "In today's housing market, finding new paths to affordable homeownership is critical. This partnership will make buying a home possible for many new individuals and families." (Source: Cision PR Newswire) About FirstBank FirstBank is based in Nashville, Tennessee, and has 82 full-service branches in Tennessee, South Central Kentucky, Alabama, and North Georgia, in addition to mortgage offices located throughout the Southeast. The company is a wholly owned subsidiary of FB Financial Corporation with an approximate total assets valued at $12.8 billion. Established in 1906, FirstBank's approach to serving businesses, families, and individuals within the communities it calls home has prioritized local banking. FirstBank has grown through acquisitions and internal expansion to become a leading provider of core banking services.