The Praedium Group Company Profile
The Praedium Group is a privately-held real estate investment firm focusing on under-performing and under-valued assets throughout the United States. The Praedium Group was formed in 1991 and since inception has completed over 350 transactions representing $9.3 billion of capital, including 70,000 multifamily units and 43.3 million square feet of commercial space. Over the past 22 years, The Praedium Group has sponsored a series of eight private equity funds. The commingled funds by The Praedium Group have attracted investors that include public and corporate pension funds, financial institutions, insurance companies, foundations and endowments.
News from The Praedium Group:
The Praedium Group Acquires Integra Cove Apartments in Orlando, FL for $60.4M
National real estate firm completes purchase of 338-unit multifamily community NEW YORK, June 24, 2016 /PRNewswire/ — The Praedium Group, a New York City-based national real estate investment firm, today announced the $60.4 million acquisition of Integra Cove Apartments in Orlando, FL. Developed in 2015, Integra Cove is among the newest assets in Orange County. Chris […]
The Praedium Group Acquires Miro Apartments in Los Angeles, CA for $47.05M
National Real Estate Firm Completes Purchase of 150-unit Multifamily Community NEW YORK, June 6, 2016 /PRNewswire/ — The Praedium Group, a New York City-based national real estate investment firm, today announced the $47.05 million acquisition of Miro Apartments in Santa Fe Springs, CA, part of the greater Los Angeles area. Miro, which was brokered by Tom […]
The Praedium Group Acquires Villas at Towngate Apartments in Moreno Valley, CA for $68.5M
National Real Estate Firm Completes Purchase of 394-unit Multifamily Community NEW YORK, March 9, 2016 /PRNewswire/ — The Praedium Group, a New York City-based national real estate investment firm, today announced the $68.5 million acquisition of Villas at Towngate Apartments in Moreno Valley, CA, part of the greater Los Angeles area. The 394-unit multifamily property […]
The Praedium Group Acquires Broadstone Lincoln Apartments in Scottsdale, AZ
264-Unit LEED Platinum Class A Multifamily on Behalf of Separate Account NEW YORK, Feb. 22, 2016 /PRNewswire/ — The Praedium Group, a New York City-based national real estate investment firm, on behalf of a separate account, today announced the acquisition of Broadstone Lincoln in Scottsdale, AZ. The 264-unit multifamily property is within three miles of high-end shopping […]
The Praedium Group Acquires Springville Oaks Apartments in Portland, OR
National Real Estate Firm Completes Purchase of 112-Unit, Garden-Style Multifamily Community Through its Newest Investment Vehicle NEW YORK, Feb. 3, 2016 /PRNewswire/ — The Praedium Group, a New York City-based national real estate investment firm, announced the acquisition of Springville Oaks Apartments in Portland, OR, a Class "A," 112-unit, garden style apartment community. Developed in […]
The Praedium Group Acquires Pine Prairie Apartments in Lewisville (Dallas), TX
National Real Estate Firm Completes Purchase of 300-unit Multifamily Development Through its Newest Investment Vehicle NEW YORK, Dec. 11, 2015 /PRNewswire/ — The Praedium Group, a New York City-based national real estate investment firm, today announced the acquisition of Pine Prairie Apartments in Lewisville (Dallas), TX. Praedium purchased the Class "A," 300-unit garden style apartment community […]
The Praedium Group Completes Lease-Up of Four Newly Acquired Multifamily Communities Across the U.S.
NEW YORK, Dec. 1, 2015 /PRNewswire/ — The Praedium Group, a New York City-based national real estate investment firm, has substantially completed the lease-up of four multifamily communities it acquired earlier this year located in Massachusetts, North Carolina, South Carolina, Oregon and California. "We continue to see strong demand in the apartment sector, and all four of […]
The Praedium Group Completes Transactions Totaling $2.5 Billion in First Eight Months of 2015
NEW YORK, Oct. 20, 2015 /PRNewswire/ — With $2.5 billion in new acquisitions, dispositions, and several residential developments, 2015 has been an active year for The Praedium Group, a New York City-based national real estate investment firm. On the acquisition front, Praedium, on behalf of affiliates and separate accounts, purchased over $300 million in assets including […]
The Praedium Group Acquires South Blvd. Apartments in Las Vegas, NV for $41.9 Million
National Real Estate Firm Marks First Acquisition of Newest Investment Vehicle NEW YORK, Dec. 20, 2013 /PRNewswire/ — The Praedium Group, a New York City-based national real estate investment firm, today announced the acquisition of South Blvd. Apartments at 10200 Giles Street in Las Vegas, NV. The firm purchased the newly built, Class A, 320-unit multifamily […]
