Arc Capital Partners exits investment in Village Del Amo for $108.25M sale to private buyer, closing in November 2022.
Arc Capital Partners (Arc) has disclosed the successful exit of its preferred equity investment in Village Del Amo, a grocery-anchored retail center spread over 166,365 square feet on Hawthorne Boulevard in Torrance, California. This exit was part of the property's recent sale worth $108.25 million to a private buyer. Arc had initially invested in November 2022, offering structured capital that facilitated DJM Capital Partners (DJM), the property owner, to recapitalize the asset.
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