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Summit Housing Gets $100M from Rothschild

HOUSTON-Summit Housing Partners nabs a $100-million equity investment from Rothschild Realty to expand its portfolio.

By Jennifer Duell Popovec | Updated on May 15, 2010

HOUSTON-Summit Housing Partners LLC has received a $100-million equity investment from Rothschild Realty, a New York City-based real estate investment advisor.

The funding was arranged by Houston-based HFBE Capital LP, an affiliate of Howard Frazier Barker Elliott Inc., a valuation advisory and investment banking firm. The equity investment represents one of the largest real estate investments this year, according to David Kulkarni, senior managing director of HFBE who advised Summit Housing Partners.

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