January was an active month for new commercial real estate funds, with managers rolling out a diverse array of strategies. Notable offerings include a core fund from MetLife and a number of debt funds targeting the middle-market, including funds from JCR Capital Investment Corp. and Thorofare Capital. Also of note is a fund from Greenfield Partners that will target suburban office and industrial properties. Suburban-focused funds have been seen less since the start of the downturn.
The next edition of New Real Estate Private Equity Funds will appear in the March 3 issue.
Los Angeles-based Thorofare Capital has raised about $120 million of equity for Thorofare Asset Based Lending Fund III, with a goal of $350 million. The company originates loans of $2-25 million on transitional properties nationally, focusing on fixed-rate loans (Commercial Real Estate Direct).
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Feb 27, 2014 - Samantha Rowan
Manhattan’s Midtown South market attracted frenzied demand over the past couple of years, and Will Silverman, a managing director at Studley, believes this year will be no different.
Feb 19, 2014 - Eleanor Duncan
Century Bridge Capital believes the challenges of investing in China are in many ways similar to investing in any other emerging market, with picking the right local operating partners at the top of the list.
Feb 07, 2014 - Samantha Rowan
The Carroll Organization, an Atlanta-based real estate owner and operator, is looking to move from a strategy of stabilizing and selling distressed assets to buying and owning for longer term periods.
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