* Red Stone Partners has launched a $250 million investment fund to acquire fixed-rate, tax-exempt multifamily housing bonds. The firm is looking to buy nationally and is purchasing bonds from issuing municipalities, existing properties owners seeking refinancing or through sellers in the secondary market (Real Estate Finance & Investment).
* Real IS Investment has raised E378million for its BGV IV real estate portfolio, PropertyEU reports. The new real estate special fund primarily invests in core real estate in the Euro region. After the first close, Schenk is likely to invest more than E700 million. To date, the firm has invested more that E1.5 billion through its funds on behalf of institutional investors (PropertyEU).
* Prudential Real Estate Investors has raised more that $293 million for PRUMEX Industrial III, a new fund that will invest in industrial real estate throughout Mexico, the company announced. The closed-ended, publicly traded commingled fund will ....