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Blackacre |
Also found in: Wikipedia | 0.03 sec. |
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A fictitious designation that legal writers use to describe a piece of land. The term Blackacre is often used in comparison with Whiteacre in order to distinguish one parcel of land from another. |
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Blackacre Capital Management LLC, Taconic Investment Partners, LLC and various real estate opportunity funds. in partnership with New York-based Blackacre Capital Management LLC, is looking to collect around $55 million for the three Wilshire Boulevard properties. LNR announced its sale last August to a company formed by Cerberus and affiliate Blackacre Capital Management LLC. |
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Blackacre