FIGat7th Acquired by JH Real Estate Partners | Real Estate Services M&A Deal

JH Real Estate Partners has completed the acquisition of FIGat7th, a real estate services other business in California, for about $65 million. FIGat7th is a downtown Los Angeles retail mall at 735 South Figueroa Street with anchor tenants including Target, Sephora, and Zara, supporting tenant leasing and property operations. The FIGat7th acquisition expands JH Real Estate Partners acquisitions across Greater Los Angeles through real estate services M&A and CA acquisitions. The divestiture acquisition follows Brookfield’s distressed ownership, with proceeds positioned to fully satisfy outstanding debt tied to the 330,000-square-foot property. JH Real Estate Partners acquisitions represent a private equity acquisition in the $50M–$100M range, following a prior loan extension tied to the sale process.