PORTFOLIO TAKEOVER ASSIGNMENT

In 2012 Newport Capital Partners was awarded a portfolio takeover assignment on behalf of five City of Chicago Pension Plans. Newport took over the DV Urban Realty Partners Fund I portfolio and has restructured, worked out and realized the entire portfolio while mitigating exposure to the limited partners. This included the $82 million ground up development of a multi-tenant, Mariano’s Grocery anchored project, located at 3030 North Broadway in Chicago’s Lakeview neighborhood. Newport has fully liquidated the DV Urban Portfolio.

7100 SOUTH SHORE DRIVE, CHICAGO
217 NORTH JEFFERSON, CHICAGO
3030 NORTH BROADWAY/WATERLOO COURT
3348 SOUTH PULASKI, CHICAGO, IL
3508 SOUTH STATE STREET, CHICAGO, IL