Ivanhoé Cambridge and Callahan Capital Properties have completed a transaction that sets out the terms under which Ivanhoé Cambridge acquires CCP, effective immediately. Financial details of the transaction were not disclosed. Eastdil Secured advised on the transaction.
In 2012, Ivanhoé Cambridge entered into a strategic relationship with CCP with the mandate of significantly expanding its U.S. office properties platform. Over the years, the strategy was very successful and at the time of closing, the platform’s assets under management in the United States were more than $10 billion.
Ivanhoé Cambridge office assets in the United States are located in Boston, Chicago, Denver, Seattle, New York and Los Angeles.
Vertically integrated in Canada, Ivanhoé Cambridge invests internationally alongside strategic partners and major real estate funds that are leaders in their markets.
