Merion brings a wealth of experience, knowledge, creativity and a team of real estate professionals well versed in capital raising, investment, acquisition, finance, disposition, and asset management.
Merion Realty Partners (Merion) was established in 2011 as a vertically integrated real estate investment and management platform. Merion is dedicated to pursuing and operating investment opportunities for institutional and high net-worth investors. Merion became a registered investment adviser with the SEC on January 1, 2012.
Merion closed its first sponsored acquisition and institutional raise in December 2011 acquiring a 20 property multifamily portfolio consisting of 4,900 units. Merion has since acquired an additional 10 multifamily communities totaling 2,867 units and is currently targeting investments in value add apartment projects located in…
Merion Realty Partners completed the sale of the 366-room InterContinental Kansas City At The Plaza on behalf of CMS/Proc Hospitality Holdings II, LP and CMS/Procaccianti Hospitality Holdings III, LP. The Fund owners originally purchased the property in 2005 in a joint venture with the Procaccianti Group. Shortly after acquisition, the owners completed an extensive renovation […]
Merion Realty Partners, on behalf of CMS/Proc Hospitality Holdings II, LP, has completed the sale of its last property in a 6 property portfolio of Holiday Inn hotels owned across the United States. The Holiday Inn Fresno was sold on January 5, 2016 and was preceded by two sales in December 2015 of the Holiday […]
Merion Realty Partners completed the refinancing of 4 hotels owned jointly by the CMS/Proc Hospitality Holdings II, LP and CMS/Procaccianti Hospitality Holdings III, LP. The combined proceeds of $255 million from the new financing were utilized to retire $207 million of existing financing and fund $35 million in planned renovations for the four assets. The […]
Merion Realty Partners, on behalf of a joint venture with Merion Multifamily Fund, Alliance-Bernstein U.S. Real Estate Fund, and an Australian-based partnership, acquired The Austin, a 300 unit apartment community located in the Philadelphia Suburb of Deptford, NJ. Since closing, the 12 year old property has undergone a complete remodel of the clubhouse, leasing center, […]