Asset Manager Buys RE Investment Consultant Townsend Group
Posted on 10/15/2015
Recently, New York-based Northstar Asset Management Group, an investment firm that also runs a number of real estate investment trusts (REITs), acquired The Townsend Group, a real estate consulting firm. Northstar Asset Management bought the 85% stake in Townsend for US$ 380 million from private equity firm GTCR LLC. Townsend Group manages US$ 13 billion […]
