Le Lézard
Classified in: Business
Subject: FNC

SRE Opportunity Fund III, L.P. Raises $500 Million


CHICAGO, Jan. 11, 2018 /PRNewswire/ -- Singerman Real Estate, LLC ("SRE"), a Chicago-based opportunistic real estate investment firm, announced today the closing of SRE Opportunity Fund III, L.P. ("Fund III") with capital commitments totaling $500 million.

SRE exceeded its commitment target of $400 million and reached Fund III's hard cap three months following its initial closing. Fund III is capitalized primarily by institutions including endowments, foundations, public pensions, corporate pensions, large family offices and money management firms. Additionally, SRE received commitments from investors for significant co-investment capacity.

Regarding the successful fundraise, Seth Singerman, Managing Principal of SRE, commented: "When we set out to raise Fund III, our goal was to primarily grow organically with our existing institutional investor base and to attract a small number of new and complementary limited partners. We are truly thankful for our investors' support in achieving these goals that will strengthen the foundation of the SRE platform for thoughtful and measured growth going forward."

"We continue to build a remarkable team with diverse and complementary skill sets. My partners and I are excited to continue our focus on sourcing and executing attractive risk-adjusted investment opportunities across economic cycles."

About Singerman Real Estate

Singerman Real Estate, LLC is a Chicago-based opportunistic real estate investment firm that has deep experience executing complex transactions and unlocking embedded value through the ownership of properties, real estate loans and operating companies. The investment focus is on maximizing risk-adjusted returns through investments in both debt and equity across all major assets classes including office, retail, hotel, industrial, and multifamily, in addition to secondary real estate asset classes including student housing and senior housing. Since its formation in 2010, SRE sourced and executed, with partners, over $1.8 billion of investments nationwide.

For general inquiries singermanre.com

 

 

 

SOURCE Singerman Real Estate, LLC


These press releases may also interest you

at 02:00
C.K. McWhorter, chairman of the McWhorter Foundation, voices concerns over outdated perspectives in corporate leadership, exemplified by recent remarks from Nelson Peltz regarding Disney's film direction. After encountering instances of racism and...

at 02:00
OKX, a leading crypto exchange by trading volume and a leading Web3 technology company, has issued updates for March 29, 2024. OKX...

at 00:25
Shanghai Junshi Biosciences Co., Ltd ("Junshi Biosciences," HKEX: 1877; SSE: 688180), a leading innovation-driven biopharmaceutical company dedicated to the discovery, development, and commercialization of novel therapies, announced its financial...

at 00:24
In the news release, Roborock Reports 2023 Full Year Financial Results, issued 28-Mar-2024 by Roborock over PR Newswire, we are advised by the company that in the first bullet point of "Growth across Product Categories", the USD amount should read...

28 mar 2024
Royal Bank of Canada ("RBC") today announced it has completed the acquisition of HSBC Bank Canada ("HSBC Canada"). "Today marks one of the most exciting times of our 155-year history and a pivotal milestone in our long-term growth story as we...

28 mar 2024
The opening ceremony of the Boao Forum for Asia (BFA) Annual Conference 2024 was held in Boao, south China's Hainan Province on Thursday, with China's top legislator Zhao Leji stressing China's economic potential, appealing to international investors...



News published on and distributed by: