What is Parallel Capital Partners?
Parallel Capital Partners operates as a vertically integrated real estate investment and development firm, focusing on industrial, multi-family, mixed-use, office, and retail properties across the Western United States. With a legacy spanning over three decades and a track record of more than 140 acquisitions, the company excels in acquiring, managing, and operating prime real estate assets in markets poised for sustained growth. Their commitment to delivering quality returns is evidenced by a portfolio of reputable tenants and strategic partners, reinforcing their expertise and market knowledge.
How much funding has Parallel Capital Partners raised?
Parallel Capital Partners has raised a total of $48.9M across 2 funding rounds:
Debt
$48.5M
Debt
$350K
Debt (2016): $48.5M with participation from Pacific Western Bank
Debt (2020): $350K led by PPP
Key Investors in Parallel Capital Partners
Pacific Western Bank
Pacific Western Bank, established in 1999, is a commercial bank headquartered in Beverly Hills, California, known for its role in providing financial services and capital to businesses.
PPP
Public-Private Partnership
What's next for Parallel Capital Partners?
The recent major strategic investment signals a phase of accelerated growth and expansion for Parallel Capital Partners. This capital infusion is expected to fuel further acquisitions and development projects, allowing the firm to capitalize on emerging opportunities in its target markets. The company's deep experience and established client relationships position it to leverage this new financing for enhanced market penetration and sustained value creation in the competitive real estate landscape.
See full Parallel Capital Partners company page
