Walton Street Originates a Loan to a Real Estate Fund Advised by Crow Holdings Capital for the Acquisition of 33 West, a 376-Unit Apartment Community in Davie, FL

CHICAGO--(BUSINESS WIRE)--Walton Street has originated a loan to a real estate fund advised by Crow Holdings Capital for the acquisition of 33 West (the “Property”), a 2014-vintage, 376-unit garden-style apartment community in the Davie submarket of the Fort Lauderdale MSA.

The Property, located at 6300 Southwest 24th Place, Davie, FL, is a high-quality, Class A community offering one-, two-, and three-bedroom floorplans with an average unit size of 1,003 SF. Units feature walk-in closets, in-unit washer/dryers, private balconies with lake views, and stainless-steel appliances. In addition to two resort-style pools with sundecks and cabanas, the Property’s expansive amenities include a “Bark Park,” social lounge, clubhouse, fitness center, cyber cafe, and more.

Located just south of I-595 and east of Davie Road, 33 West provides residents with easy access to the wider Fort Lauderdale metro area and sits just minutes from local public beaches. The property is surrounded by several million square feet of retail including major shopping and dining destinations like the Tower Shops, the Fountains, and Midtown Plantation. Plentiful grocery options including Costco, Target, Whole Foods, Trader Joes, and Publix are less than a 10-minute drive from the Property. 33 West also benefits from a strong education and healthcare infrastructure, surrounded by three major hospitals and the South Florida Education Center, home to five colleges.

About Walton Street Capital, L.L.C. (together with its affiliates, “Walton Street”)

Walton Street is a private real estate investment firm that manages a diversified equity and debt platform on behalf of its global institutional clients. Since its inception in 1994 through its affiliates, Walton Street has raised over $17 billion of capital commitments from global institutional investors and has acquired, financed, managed, and sold $60 billion of real estate. Walton Street has sourced $15 billion in lending opportunities for its affiliates since inception. Walton Street’s core lending strategy provides efficient debt capital targeting newer vintage, income-producing real estate assets, spanning a range of property types in major U.S. markets. Through the cross platform synergies of its investment groups, Walton Street seeks to make real estate equity and debt investments with attractive risk adjusted returns. For more information, visit waltonst.com.

About Crow Holdings Capital

Crow Holdings Capital (CHC) is a real estate investment management company specializing in multifamily, industrial, and specialty property types delivered through strategies that span the risk-return spectrum. Since 1998, CHC has created a diversified portfolio in partnership with leading global investors and generating attractive returns across multiple market cycles. Led by a highly experienced leadership team, CHC manages $19 billion in real estate assets and is a subsidiary of Crow Holdings, a privately owned real estate investment and development firm with over 75 years of history, $33 billion of assets under management, and an established platform with a vision for continued success. The firm’s ongoing legacy is rooted in its founding principles: partnership, collaboration, and alignment of interests. For more information, please visit www.crowholdings.com.