Tue. Jun 25th, 2024

Trinity Investors continues to expand its real estate portfolio

By meerna Jun12,2024

SOUTHLAKE, Texas, June 11, 2024 (GLOBE NEWSWIRE) — Trinity Investors, a leading alternative asset manager, is pleased to announce the expansion of the company’s portfolio in Mountain West markets with the acquisition of a 16,000 square foot building in Denver’s popular RiNo arts district. The vacant office building, located at 2734 Walnut Street, will be transformed into an “experiential retail” space operated by a rapidly growing national group.

This marks Trinity’s second acquisition in the Denver market. For this project, the company established cooperation with Magnetic Capital, a private real estate investment and development company.

“We are excited about this inaugural partnership with Magnetic Capital and expanding our portfolio in the Colorado market,” said Kevin Carringer, vice president of Trinity Investors in Denver. “Despite the challenging economic environment, we continue to find compelling investment opportunities with experienced real estate operators like the Magnetic team.”

“We look forward to repositioning this building at the epicenter of the RiNo arts district,” said Dan Huml, managing partner of Magnetic Capital. “Our partnership with Trinity has enabled us to capitalize on this unique off-market opportunity in an area where we are actively investing.”

This acquisition adds to Trinity’s impressive portfolio of 160 commercial properties and continues the success of its strategic expansion into Mountain West markets. The company remains committed to identifying and investing in properties that offer solid growth potential and value creation for investors.

Trinity Investor Information
Trinity Investors is an alternative asset management firm providing a world-class experience to individuals seeking above-average risk-adjusted returns through direct investments in real estate and operating companies. Founded in 1999 with offices in Texas and Colorado, Trinity has invested over $2.0 billion in equity capital in over $6.0 billion in commercial real estate and traditional private equity portfolio companies. Currently, the company’s portfolio consists of 160 commercial real estate assets and nineteen operating companies or platforms.

About magnetic capital
Magnetic Capital, led by Dan Huml and Chris Carroll, is a privately held investment and development firm focused on real estate investments and servicing assets often overlooked or undervalued by traditional investment firms. Headquartered in Denver, Colorado, Magnetic Capital focuses on multifamily development opportunities and acquisitions in the Front Range region.


By meerna

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