W5 Group Closes First Series of Innovative Living Transactions
Miami (Florida, USA), January 21, 2021
W5 Group is pleased to announce the closing of its initial series of innovative living transactions in the US, with a total capitalization of approximately $800 million, including over 2,500 beds and 1.3 million square feet. W5 Group is a single-family investment office that makes innovative investments across residential real estate sectors. W5 Group targets equity, preferred equity, or mezzanine investments of $20 million or greater in ground-up developments and existing assets/portfolios in innovative real estate sectors including multifamily, student housing, single-family rentals, co-living and micro-apartments in major urban and high-growth markets in the US.
W5 Group has a long-term investment horizon and was an active investor in US real estate in 2020 in spite of the pandemic. Notable transactions included: a 602-bedroom, ground-up student housing development located at the University of Central Florida, Orlando, Florida; i5 Union Market a value-add repositioning of a newly built 318 unit 12 story building located in the heart of the Union Market district in Washington, D.C.; the acquisition of a discounted performing loan secured by a 430-unit luxury, newly built multifamily building in New York City; a 217-bedroom, ground-up multifamily development in the heart of Wynwood, Miami; and a 600-bed, ground-up student housing development in Washington, D.C.
“Despite the difficult operating environment due to the pandemic, we were active in the United States this past year and expect us to be significantly more active in 2021 and beyond”, said Ralph Winter, principal and founder of W5 Group.
About W5 Group LLC
Established in 2009, W5 Group is the single-family office of prominent global real estate investor and entrepreneur Ralph Winter. W5 Group has investment teams in US and Europe with offices in New York, Miami, and Switzerland. Mr. Winter was a pioneer in student housing and micro apartments in Europe where he amassed a large-scale portfolio of over 40,000 beds. W5 Group seeks long-term value creation and invests across asset classes and capital structures with a focus primarily on innovative residential investments in multifamily, student housing, single-family rentals and micro-apartments. W5 Group has permanent capital and seeks to create enduring value and long-term partnerships with high quality operating partners. Ralph Winter is also a founder of 777 Capital Partners, an investment boutique for off-market deals in the innovative residential and commercial real estate segments in the DACH region in Europe.