ORIX USA Increases Ownership of RED Capital Group to 100 Percent

DALLAS — Dallas-based ORIX USA Corp. has boosted its ownership stake in RED Capital Group LLC from 88 percent to 100 percent, making RED a wholly owned subsidiary of the company. ORIX originally invested in RED in 2010. RED’s executive management team will remain in place and continue to operate RED as an independent entity based in Columbus, Ohio. “Increasing ORIX’s investment in RED has been a strategic objective of mine for the last few years, as I have seen firsthand the strength of the RED team and its platform,” says Hideto Nishitani, chairman, president and CEO of ORIX USA. “This is an attractive investment opportunity and signals ORIX’s belief in the strength of the multifamily, seniors housing and affordable housing markets.” ORIX offers investment capital and asset management services to clients in the corporate, real estate, municipal and energy sectors, while holding $6 billion worth of assets and managing an additional $29 billion. RED Capital Group has provided over $72 billion of integrated debt and equity to the seniors housing and healthcare, multifamily, affordable housing and student housing industries.