West Hartford’s Penwood Real Estate Investment Management has launched its sixth industrial property investment fund with $381.5 million in freshly raised capital.
Penwood Select Industrial Fund VI will acquire and create industrial real estate properties in Southern California, New York and New Jersey, the firm said.
Penwood announced the sixth fund last month, but did not disclose the amount raised. That detail emerged in a Feb. 26 filing with the U.S. Securities & Exchange Commission.
Penwood was formed in 2003 and is led by its three owners Richard Chase, John Hurley and Karen Nista.
The firm’s fifth fund was launched in late 2017 after raising $325 million.
Cannabis Global Enters Edible Cannabis Sector with Unique Northern Lights Brand Edible Product Developed at New Lynwood Facility
theusnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theusnews.com Daily Mail and Mail on Sunday newspapers.
Cannabis Global Enters Edible Cannabis Sector with Unique Northern Lights Brand Edible Product Developed at New Lynwood Facility
pittsburghstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pittsburghstar.com Daily Mail and Mail on Sunday newspapers.
Parallel Appoints Jeremy Kunicki as Chief Financial Officer
Kunicki brings public company leadership from a global retail and pharmacy chain as Parallel prepares to go public via SPAC
News provided by
Share this article
Share this article
ATLANTA and WEST PALM BEACH, Fla., March 1, 2021 /PRNewswire/ Parallel, one of the largest privately held, vertically integrated, multi-state cannabis companies in the world, today appointed Walgreen s veteran Jeremy Kunicki as its Chief Financial Officer (CFO), effective immediately. Parallel announced last week that it intends to become a public company through a definitive business combination agreement with Ceres Acquisition Corp., a special purpose acquisition corporation (SPAC). As CFO, Kunicki will lead Parallel s finance and operations functions, as well as oversee corporate finance, shared services activities and operational management of the organization. James Whitcomb, who had served as Parallel s Interim CFO, will continue in hi
Decanter Napa winery Duckhorn plans stock market listing
Duckhorn has said it plans to list a portion of shares on the New York Stock Exchange under the ‘Napa’ ticker, while a separate US wine deal announced this month is set to see Vintage Wine Estates become a publicly traded company.
Duckhorn has this week announced plans for a stock market listing via an initial public offering.
‘The number of shares to be offered and the price range for the proposed offering have not yet been determined,’ it said.
If the offer goes ahead as planned, ‘The Duckhorn Portfolio’ would list on the New York Stock Exchange under the ‘NAPA’ symbol, said the group, which includes Duckhorn Vineyards, Kosta Browne and Decoy wines among others.