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Concord Pacific, HB Management To Take Controlling Stake in HQ Capital Real Estate

Germany-Based Asset Manager Holds Joint Venture Investments on $1.4 Billion in US Properties
Among HQ Capital Real Estate’s joint venture investments is the Alexan Kendry apartments in Montclair, California. (CoStar)
Among HQ Capital Real Estate’s joint venture investments is the Alexan Kendry apartments in Montclair, California. (CoStar)

HQ Capital, a global private equity firm based in Bad Homburg, Germany, has agreed to transfer a majority interest in HQ Capital Real Estate, an asset manager focused on multifamily residential developments in the United States, to affiliates of Canada’s Concord Pacific Group and HB Management.

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