Goldman Sachs Acquires LCN Capital Partners for Up to $410M
On Tuesday, it was announced that Goldman Sachs will purchase LCN Capital Partners, an investment management firm specializing in commercial real estate, particularly in sale-leaseback and net-lease deals. The acquisition is estimated to be worth as much as $410 million. LCN is known for its focus on properties that provide consistent rental income through long-term leasing agreements.
Key facts
- Goldman Sachs agreed to acquire LCN Capital Partners
- LCN Capital Partners is a commercial real estate investment manager
- LCN specializes in sale-leaseback and net-lease transactions
- The acquisition is valued at up to $410 million
- The announcement was made on Tuesday
Entities
Institutions
- Goldman Sachs
- LCN Capital Partners
Sources
- Quartz —