Bonaventure Acquires Vida East Apartments from SNP Properties via UPREIT

Bonaventure Acquires Messenger Place and Magnolia Run Multifamily Properties in Virginia

December 20, 2021

Real Estate

Bonaventure acquired two luxury multifamily properties in Virginia—Messenger Place in Manassas and Magnolia Run in Virginia Beach—in separate off-market transactions financed via an $85 million Fannie Mae credit facility arranged by KeyBank. Messenger Place was purchased from owner/developer The Rector Companies for $25.5 million; Magnolia Run (200 units) was acquired for $52.1 million as part of Bonaventure's ongoing portfolio expansion in the Mid-Atlantic.

RedBird Capital Partners and Reverence Capital Partners Acquire Vida Capital

October 2, 2019

Financial Services

RedBird Capital Partners and Reverence Capital Partners have completed the acquisition of Vida Capital, Inc., a vertically integrated life settlements asset manager with $4.3 billion in assets under management. Vida's management, led by CEO Jeff Serra, invested alongside the buyers; the firms said the partnership will support platform growth and expansion into other non‑correlated asset classes following required regulatory approvals.

FCA Management (Vest Residential) Merges with Bonaventure's Property Management Division

November 11, 2024

Real Estate

FCA Management has rebranded as Vest Residential following a merger with Bonaventure’s property management division. The combined platform expands Vest’s footprint to more than 20,000 Class A and B multifamily units across eight states while incorporating Bonaventure’s ~8,000-unit portfolio and property management team.

Vida Capital Acquires Avmont, LLC

July 1, 2020

Financial Services

Vida Capital, together with private equity sponsors Reverence Capital Partners and RedBird Capital Partners, acquired the assets of Avmont, LLC to expand Vida’s life settlements and longevity-risk investment platform. Key members of Avmont’s senior team joined Vida and Vida also acquired Avmont’s intellectual property and select client and sub-advisory relationships; financial terms were not disclosed.

Ventas, Inc. Acquires New Senior Investment Group Inc.

September 21, 2021

Real Estate

Ventas, Inc. completed an all‑stock acquisition of New Senior Investment Group Inc. in a transaction valued at approximately $2.3 billion (including assumed/repurchased debt). The deal adds New Senior's 103 senior housing properties across 36 states to Ventas' portfolio, strengthening its independent-living exposure and positioning the REIT to capture senior housing upside.

Veda Living Acquires Management Contract for Emerald City Senior Living

December 21, 2023

Healthcare Services

Veda Living announced the acquisition of the management contract for Emerald City Senior Living, a 119-unit private-pay senior living community in Seattle, Washington, marking Veda's 14th management contract. The move expands Veda's portfolio in the Seattle market and underscores its focus on affordable, middle-market senior living through a partnership with Greenlake Senior Living.