Cerberus Sells Tenet Equity to CBRE for $1.6 Billion

Cerberus Sells Real Estate Firm Tenet Equity for $1.6 Billion

Cerberus Capital Management sold a net-lease real estate business it founded five years ago for $1.6 billion, capitalizing on demand for a type of property transaction that’s gaining popularity.

Cerberus sells real estate firm Tenet Equity to CBRE for $1.6 billion

Cerberus Sells Tenet Equity to CBRE for $1.6 Billion

Cerberus sold Scottsdale-based Tenet Equity to CBRE Investment Management for $1.6 billion, adding 208 net-lease properties across 39 states.

CBRE acquires net-lease specialist Tenet Equity for $1.6B

Cerberus Capital Management sold the business five years after founding it with Nick Eggert and Andrew Gallagher.

CBRE Acquires Cerberus' Net Lease REIT For $1.6B

Cerberus Investment Management formed Tenant Equity in 2021. The company has 208 assets totaling 12M SF across 39 states.

Cerberus sells Tenet Equity to CBRE Investment Management

By Cerberus Capital Management, L.P. Cerberus Capital Management, L.P. (together with its affiliates, “Cerberus”), a global alternative investment firm with established corporate credit and real estate platforms, today announced that certain funds and accounts have sold Tenet Equity (“Tenet” or the “Company”) to CBRE Investment Management, which is making its investment on behalf of several […]