Capital Deployment Outlook for 2026–2027
The following analysis evaluates a curated sample of 400 institutional real estate funds drawn from the broader Global Real Estate Fund Investors Database. This subset is intentionally constructed to demonstrate capital readiness, strategy alignment, and deployment probability over the next real estate investment cycle.
Rather than representing the full universe, this sample highlights active, verified, and institutionally credible vehicles that are most likely to transact in the 2026–2027 timeframe.
🕒 1. Fund Vintage, Lifecycle Positioning, and Deployment Timing
Fund age and lifecycle stage are among the strongest predictors of near-term capital deployment. The 400-fund sample is heavily weighted toward recent vintages, placing a significant portion of committed capital within active investment windows.
Fund Vintage Distribution
| Vintage Period | Approx. Share of Sample | Deployment Implication |
| 2022 | 24% | Early to mid-deployment |
| 2023 | 46% | Peak investment period |
| 2024–2025 | 30% | Capital stacking and pipeline build |
Interpretation:
Nearly 60 percent of funds are either Raising or at First Close, indicating active engagement with new transactions, co-investments, and joint ventures. These are the funds most responsive to new deal flow introductions.
🏗 3. Strategy Allocation Reflects Institutional Risk Calibration
The strategy mix within the sample confirms that institutional capital has not reverted to passive allocation models. Instead, it is deploying selectively across risk-adjusted and operationally driven strategies.
Strategy Composition of the 400-Fund Sample
| Strategy Type | Approx. Share | Typical Target Net IRR |
| Core / Core-Plus | 34% | 5% – 8% |
| Value-Add | 31% | 10% – 14% |
| Opportunistic / Distressed | 14% | 15%+ |
| Debt / Credit | 13% | 8% – 12% |
| Secondaries / Hybrid | 8% | Variable |
Interpretation:
The dominance of Core-Plus and Value-Add strategies reflects a preference for assets that combine income visibility with operational upside. This is particularly attractive in markets where replacement costs exceed current pricing.
🧩 4. Sector Concentration Reveals Where Capital Will Compete
The sample shows a clear concentration of capital into defensive and demand-driven property types, rather than speculative sectors.
Primary Property Type Exposure
| Property Type | Relative Presence |
| Residential / Multifamily | Very High |
| Industrial & Logistics | High |
| Healthcare & Education | Medium–High |
| Self-Storage & Niche Income | Medium |
| Mixed-Use | Selective |
| Office (Standalone) | Minimal |
Interpretation:
Residential-led strategies dominate the dataset, including workforce housing, student accommodation, and build-to-rent platforms. Industrial and logistics remain core allocation targets due to long-term supply chain restructuring and e-commerce demand.
🌍 5. Geographic Allocation and Cross-Border Capital Flow
The geographic distribution of the 400 funds highlights both regional strength and cross-border capital mobility.
Regional Focus Distribution
| Region | Share of Sample | Notable Characteristics |
| North America | ~44% | Large-scale value-add, debt, and sector funds |
| Europe | ~33% | Mid-market value-add and niche strategies |
| Asia-Pacific | ~15% | Industrial, logistics, and mixed-use growth |
| Middle East | ~8% | Hospitality, residential, and Shariah-compliant vehicles |
Interpretation:
Capital is increasingly strategy-driven rather than geography-bound. Many European and Middle Eastern funds actively deploy into North America and Asia-Pacific through co-GP or platform structures.
🏦 6. Capital Source Quality and Institutional Backing
One of the strongest signals from the 400-fund sample is the institutional depth of capital sources.
Capital Source Composition
| Capital Source Type | Estimated Share |
| Pension and Insurance Capital | 30% |
| Sovereign Wealth and State-Linked | 18% |
| Institutional Private Equity | 27% |
| Family Office Fund Platforms | 15% |
| Fund-of-Funds / Secondaries | 10% |
Interpretation:
Over 70 percent of the sample involves capital with formal investment committees, multi-cycle allocation programs, and repeat deployment behavior. This materially increases execution certainty for sponsors.
📊 7. What the 400-Fund Sample Proves About the Database
This sample is designed to demonstrate three commercial realities to potential database buyers:
✔ Depth
Each fund profile includes structured data across strategy, geography, status, size, and sector exposure.
✔ Accuracy
Funds are verified against institutional filings and disclosures from 2022 to 2025.
✔ Actionability
The dataset isolates funds with active mandates, not passive holders or dormant vehicles.
🎯 8. Implications for Capital Advisors, Sponsors, and Developers
For professionals seeking capital in 2026 and beyond, the analysis highlights several practical advantages:
- More precise LP targeting by strategy and deployment window
- Reduced outreach friction with pre-qualified institutional capital
- Strong alignment between project risk profiles and fund mandates
- Increased success rates through programmatic and JV-oriented capital
In an environment where capital is selective rather than scarce, data quality and relevance determine fundraising outcomes.
🔍 Closing Insight
The 400-fund sample reflects a real-time snapshot of where institutional real estate capital is organizing, underwriting, and preparing to deploy.
This is not a recovery cycle driven by indiscriminate allocation. It is a disciplined phase defined by specialization, operational expertise, and institutional governance.
The Global Real Estate Fund Investors Database captures this shift with verified, structured intelligence, making it a strategic asset for anyone sourcing capital in the next real estate cycle.
Data Use and Limitation Disclosure
The funds referenced in this database and accompanying materials are presented solely for informational and commercial research purposes. This database is designed to support capital sourcing, market intelligence, investor targeting, and business development activities for real estate professionals and related intermediaries.
All fund information, including but not limited to sector interest, investment strategy, geographic focus, fundraising status, fund size, and deployment characteristics, is compiled from publicly available disclosures, institutional filings, manager communications, and third-party data sources covering the period 2022 through 2025, inclusive.
The inclusion of any fund or manager does not constitute an endorsement, recommendation, or assessment of investment suitability, nor should it be interpreted as investment advice, financial advice, or a solicitation to invest. Fund mandates, strategies, deployment timelines, and capital availability are subject to change and may differ from publicly stated positions at any given time.
This database reflects a point-in-time representation of institutional real estate fund activity based on verified historical and current disclosures. No guarantee is made that any fund listed is actively deploying capital, seeking new investments, or open to engagement at the time of access.
Users of this database are responsible for conducting their own outreach, verification, and independent due diligence prior to engaging with any fund, manager, or capital provider. The database provider assumes no liability for outcomes resulting from the use of this information.
400 REAL ESTATE FUNDS POISED TO DEPLOY CAPITAL IN 2026-2027
1. 10 Federal Self Storage Acquisition Company 4
📌 Manager: 10 Federal Companies
📍 Geographic Focus: United States, Southeast and Southwest
🏗 Strategy: Value Added
🏢 Property Type: Self-Storage
Fund Overview
10 Federal Self Storage Acquisition Company 4 is a U.S.-focused real estate value-added fund launched in 2022 and managed by 10 Federal Companies. The fund targets self-storage assets with an emphasis on operational improvements and enhanced customer experience across growth-oriented regions in the southeastern and southwestern United States.
The fund has reached a sixth close, indicating sustained capital inflows alongside active deployment.
Strategy and Positioning
The investment thesis centers on acquiring and optimizing niche self-storage assets through operational efficiencies rather than development risk. This aligns with institutional demand for resilient asset classes characterized by short lease durations and pricing flexibility.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Sixth Close |
| Fund Size (USD mn) | 100 |
| Target Net IRR | 14% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Self-Storage |
2. 1547 Data Center Fund III
📌 Manager: CSR Capital Partners
📍 Geographic Focus: United States and Canada
🏗 Strategy: Value Added
🏢 Property Type: Data Centers
Fund Overview
1547 Data Center Fund III is a value-added real estate vehicle launched in 2024 by CSR Capital Partners. The fund targets network-critical colocation data centers, with a specific focus on edge markets across North America.
Currently in the fundraising phase, the fund reflects continued institutional interest in digital infrastructure assets.
Strategy and Positioning
The fund’s focus on edge-market colocation facilities positions it to benefit from distributed data demand, latency-sensitive applications, and regional infrastructure expansion. This strategy combines operational execution with secular growth exposure.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 350 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Data Centers |
3. 37th Parallel Fund I
📌 Manager: 37th Parallel Properties
📍 Geographic Focus: United States, Texas and Southeast
🏗 Strategy: Core-Plus / Value Added
🏢 Property Type: Multi-Family
Fund Overview
37th Parallel Fund I is a closed-ended real estate fund launched in 2023. The vehicle targets multi-family assets across Texas and the southeastern United States, combining value-added execution with selective core-plus exposure.
The fund is currently in its capital raising phase.
Strategy and Positioning
The fund’s dual focus allows flexibility in asset selection, targeting stabilized income with upside through repositioning and operational improvements. Multi-family remains a favored institutional sector due to demand durability and demographic tailwinds.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 20 |
| Target Net IRR | 12% |
| Primary Strategy | Value Added |
| Main Property Type | Multi-Family |
4. 52Ten Fund II
📌 Manager: 52TEN
📍 Geographic Focus: United States
🏗 Strategy: Core-Plus / Value Added
🏢 Property Type: Residential (Mobile Home Parks)
Fund Overview
52Ten Fund II is a value-added real estate fund launched in 2022 and managed by 52TEN. The fund focuses on acquiring and operating mobile home parks across the United States.
The vehicle has reached its third close, reflecting steady institutional and private capital interest.
Strategy and Positioning
Mobile home parks are increasingly viewed as a defensive residential subsector, benefiting from affordability constraints in traditional housing. The fund’s strategy emphasizes income stability combined with operational enhancement.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Third Close |
| Fund Size (USD mn) | 30 |
| Target Net IRR | 14% |
| Primary Strategy | Value Added |
| Main Property Type | Residential |
5. Healthcare Infrastructure Deutschland 01
📌 Manager: Five Quarters Real Estate AG
📍 Geographic Focus: Germany
🏗 Strategy: Core
🏢 Property Type: Healthcare
Fund Overview
Healthcare Infrastructure Deutschland 01 is a core real estate fund launched in 2022, targeting healthcare-related assets across major and mid-sized German cities. The fund invests in nursing homes, assisted living facilities, and medical centers.
Strategy and Positioning
The fund is positioned as a low-risk, income-oriented vehicle focused on essential social infrastructure. Its strategy reflects long-term demographic trends and institutional demand for stable cash flows.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Third Close |
| Fund Size (USD mn) | 312.33 |
| Target Net IRR | 5.5% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Healthcare |
6. ACORE Opportunistic Credit II
📌 Manager: ACORE Capital
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic Debt
🏢 Property Type: Diversified
Fund Overview
ACORE Opportunistic Credit II is a real estate debt fund launched in 2023. The fund focuses on credit-oriented investments across U.S. real estate markets and is currently in the fundraising phase.
Strategy and Positioning
The fund is designed to capitalize on dislocations in credit markets, offering structured debt solutions where traditional lending has retrenched.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 750 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
7. AEW Partners X
📌 Manager: AEW
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Multi-Sector
Fund Overview
AEW Partners X is an opportunistic real estate fund launched in 2023, targeting pricing dislocations arising from capital markets volatility. The fund invests across equity and credit structures.
Strategy and Positioning
The strategy emphasizes rescue capital, preferred equity, repriced core assets, and loan acquisitions, reflecting a highly flexible mandate suited to transitional market environments.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Second Close |
| Fund Size (USD mn) | 2,000 |
| Target Net IRR | 15% |
| Primary Strategy | Opportunistic |
| Main Property Types | Multi-Sector |
8. AION Value Add III
📌 Manager: AION Partners
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Multi-Family
Fund Overview
AION Value Add III is a closed real estate fund launched in 2023. The fund focuses on multi-family investments across the Northeast, Mid-Atlantic, and Midwest regions of the United States.
Strategy and Positioning
The strategy emphasizes scaling within existing AION markets, leveraging operational expertise and regional familiarity.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Closed |
| Fund Size (USD mn) | 250 |
| Target Net IRR | 16% |
| Primary Strategy | Value Added |
| Main Property Type | Multi-Family |
9. ARC Multifamily Fund II
📌 Manager: ARC Multifamily Group
📍 Geographic Focus: United States, Southeast
🏗 Strategy: Value Added
🏢 Property Type: Multi-Family
Fund Overview
ARC Multifamily Fund II is a value-added real estate fund launched in 2022. The fund targets multi-family assets across the southeastern United States and has reached its second close.
Strategy and Positioning
The fund’s regional focus aligns with demographic growth corridors and institutional appetite for scalable residential platforms.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Second Close |
| Fund Size (USD mn) | 100 |
| Target Net IRR | 18% |
| Primary Strategy | Value Added |
| Main Property Type | Multi-Family |
10. AREC Debt Fund II
📌 Manager: Avila Real Estate Capital
📍 Geographic Focus: United States
🏗 Strategy: Real Estate Debt
🏢 Property Type: Residential
Fund Overview
AREC Debt Fund II is a private real estate debt fund launched in 2024 and managed by Avila Real Estate Capital. The fund focuses on providing debt capital secured by residential real estate assets across the United States.
The fund has reached its second close, reflecting continued investor appetite for income-oriented real estate credit strategies.
Strategy and Positioning
The fund combines traditional real estate lending with opportunistic elements, including exposure to land, land development, and residential collateral. This positioning allows the manager to target enhanced yields while maintaining asset-backed downside protection.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Second Close |
| Fund Size (USD mn) | 750 |
| Target Net IRR | 14% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Residential |
11. AREFOOD (Arsenale Real Estate FOOD)
📌 Manager: Arsenale
📍 Geographic Focus: Italy
🏗 Strategy: Core / Core-Plus
🏢 Property Type: Retail (Food-anchored)
Fund Overview
AREFOOD is a closed-ended real estate fund launched in 2023 and managed by Arsenale. The fund focuses on acquiring properties dedicated to small- and mid-scale grocery retail, including supermarkets and discount stores, across Italy.
The fund has reached its third close and is structured to deliver stable, inflation-linked income.
Strategy and Positioning
The strategy emphasizes long-term leased, food-anchored retail assets with defensive characteristics. By targeting essential retail formats, the fund seeks to provide predictable income with a conservative risk profile aligned with core and core-plus mandates.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Third Close |
| Fund Size (USD mn) | 109.18 |
| Target Net IRR | 9.4% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Retail |
12. Acure Hospitality Trust No.1
📌 Manager: Acure
📍 Geographic Focus: Australia
🏗 Strategy: Core-Plus
🏢 Property Type: Hospitality
Fund Overview
Acure Hospitality Trust No.1 is a real estate fund launched in 2023 targeting hotel and hospitality assets across Australia. The trust seeks to build a geographically and operationally diversified portfolio with a target portfolio size of up to USD 200 million.
The fund has reached its fourth close.
Strategy and Positioning
The strategy focuses on income generation with potential for capital growth, targeting a stable income distribution alongside a total return profile consistent with core-plus risk. Hospitality exposure is managed through diversification across multiple sites and operating profiles.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Fourth Close |
| Fund Size (USD mn) | 80.82 |
| Target Net IRR | 14% |
| Primary Strategy | Real Estate Core-Plus |
| Main Property Type | Hotels |
13. Asia-Pacific Value Added Real Estate Fund (Japan-Focused)
📌 Manager: Not Disclosed
📍 Geographic Focus: Japan, with selective exposure to Hong Kong and South Korea
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
This value-added real estate fund was launched in 2023 with a primary focus on the Asia-Pacific region. At least 85 percent of capital is targeted for deployment in Japan, with limited exposure permitted in Hong Kong and South Korea.
The fund is currently in the fundraising phase.
Strategy and Positioning
The fund targets well-located assets offering value creation opportunities through repositioning and active management. A dedicated Japan-only option is available for investors seeking single-country exposure, reflecting institutional demand for jurisdiction-specific strategies.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 750 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
14. Affinius Capital Partners VII
📌 Manager: Affinius Capital
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
Affinius Capital Partners VII is an opportunistic real estate fund launched in 2023, continuing the manager’s established flagship strategy. The fund invests across a broad range of real estate sectors throughout the United States.
The fund is currently in the fundraising stage.
Strategy and Positioning
The strategy incorporates distressed, debt, and equity investments, allowing the manager to capitalize on market dislocations. Its broad sector mandate provides flexibility across asset classes and capital structures.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 1,250 |
| Target Net IRR | 17% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
15. Albulus CREDIT II Fund
📌 Manager: Albulus
📍 Geographic Focus: Germany and Austria
🏗 Strategy: Real Estate Debt
🏢 Property Type: Commercial
Fund Overview
Albulus CREDIT II Fund is a real estate debt vehicle launched in 2023. The fund focuses on acquiring commercial real estate loans on the secondary market, secured by assets located in Germany and Austria.
The fund is currently raising capital.
Strategy and Positioning
The strategy targets mispriced or illiquid loans, offering investors exposure to European commercial real estate credit with controlled risk and downside protection.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 272.94 |
| Target Net IRR | 8% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Commercial |
16. Alma Fund III
📌 Manager: Alma Property Partners
📍 Geographic Focus: Nordic Region
🏗 Strategy: Opportunistic / Value Added
🏢 Property Type: Diversified
Fund Overview
Alma Fund III is a private equity real estate fund launched in 2022, targeting investments across Sweden, Finland, Denmark, and Norway. The fund has closed and focuses on generating attractive risk-adjusted returns through active asset management.
Strategy and Positioning
The fund targets a mix of opportunistic and value-added investments across multiple property sectors. Moderate leverage is employed at the fund level to enhance returns while maintaining disciplined risk controls.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 348.08 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
17. AlphaDiv Real Estate Fund
📌 Manager: Commercial Investors Group
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
AlphaDiv Real Estate Fund, formerly CIG Value Add Fund I, is a value-added real estate vehicle launched in 2022. The fund invests in diversified assets across the United States, including residential, office, industrial, and retail properties.
The fund has reached its first close.
Strategy and Positioning
The strategy emphasizes asset repositioning and operational improvement across multiple property types, offering diversification within a value-added risk framework.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | First Close |
| Fund Size (USD mn) | 100 |
| Target Net IRR | 6% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
18. AlphaX SFR Fund I
📌 Manager: AlphaX RE Capital
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Single-Family Residential
Fund Overview
AlphaX SFR Fund I is a value-added real estate fund launched in 2024. The fund targets discounted and distressed single-family residential assets across the United States, with a long-term hold strategy.
The fund is currently raising capital.
Strategy and Positioning
The strategy focuses on acquiring mispriced residential assets and stabilizing them for long-term income and appreciation, reflecting continued institutional interest in single-family rental platforms.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 25 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Single-Family |
19. Alterra IOS Venture III
📌 Manager: Alterra Property Group
📍 Geographic Focus: United States and Canada
🏗 Strategy: Value Added
🏢 Property Type: Industrial and Specialized
Fund Overview
Alterra IOS Venture III is a real estate fund launched in 2023 and managed by Alterra Property Group. The fund focuses on investments in industrial outdoor storage, car parks, and related industrial assets across the United States and Canada.
The fund has closed with a substantial capital base.
Strategy and Positioning
The fund targets specialized industrial assets benefiting from logistics growth, urban densification, and constrained supply, combining income generation with value creation through active management.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Closed |
| Fund Size (USD mn) | 925 |
| Target Net IRR | 14% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Industrial / IOS |
20. Altis Real Estate Equity Partnership Vintage 4
📌 Manager: Altis Property Partners
📍 Geographic Focus: Australia
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Altis Real Estate Equity Partnership Vintage 4 is a private real estate fund launched in 2023 and managed by Altis Property Partners. The fund primarily pursues a value-added strategy, focusing on industrial and office assets across Australia, with selective opportunistic exposure to retail and residential properties.
The fund is currently raising capital and offers co-investment opportunities to investors on a case-by-case basis.
Strategy and Positioning
The strategy emphasizes active asset management within industrial and office sectors, supported by opportunistic flexibility across additional property types. The availability of co-investment enhances institutional appeal for larger allocators seeking direct exposure alongside the fund.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 333.07 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Types | Industrial, Office |
21. Amaron Real Estate Fund
📌 Manager: Amaron Fund Management
📍 Geographic Focus: Greater Copenhagen Region
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
Amaron Real Estate Fund is an opportunistic real estate vehicle launched in 2023. The fund targets diversified real estate assets across the Greater Copenhagen region, encompassing commercial, office, industrial, logistics, residential, and public-use properties.
The fund is currently in its capital raising phase.
Strategy and Positioning
The opportunistic mandate allows the manager to pursue complex transactions and repositioning opportunities within a concentrated geographic market. The focus on Greater Copenhagen provides thematic exposure to a resilient Nordic metropolitan area.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 370.91 |
| Target Net IRR | 10% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
22. American Landmark Apartments Fund IV
📌 Manager: American Landmark
📍 Geographic Focus: United States Sunbelt
🏗 Strategy: Value Added
🏢 Property Type: Multi-Family
Fund Overview
American Landmark Apartments Fund IV is a closed real estate fund launched in 2022. The fund continues the manager’s value-added multi-family strategy across high-growth Sunbelt markets in the United States.
Strategy and Positioning
The fund leverages American Landmark’s operating platform and regional presence to acquire and reposition multifamily assets in markets benefiting from population growth and employment expansion.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 1,040 |
| Target Net IRR | 14% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Multi-Family |
23. American Ventures Strategic Property Fund
📌 Manager: American Ventures Partners
📍 Geographic Focus: United States
🏗 Strategy: Distressed
🏢 Property Type: Commercial
Fund Overview
American Ventures Strategic Property Fund is a real estate fund launched in 2024 and managed by American Ventures Partners. The fund focuses on acquiring distressed commercial real estate assets across the United States.
The fund is currently raising capital.
Strategy and Positioning
The distressed strategy targets dislocated pricing and complex situations within commercial property markets, offering potential for outsized returns through restructuring and repositioning.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 1,000 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Distressed |
| Main Property Type | Commercial |
24. Amundi Commercial Real Estate Loans II
📌 Manager: Amundi Real Estate
📍 Geographic Focus: Europe
🏗 Strategy: Real Estate Debt
🏢 Property Type: Diversified
Fund Overview
Amundi Commercial Real Estate Loans II is a real estate debt fund launched in 2023. The fund focuses on originating and acquiring loans secured by office, logistics, and residential assets across European markets.
The fund has reached its first close.
Strategy and Positioning
The fund targets senior and structured lending opportunities, combining capital preservation with stable income in core and core-plus European real estate markets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 655.07 |
| Target Net IRR | 5% |
| Primary Strategy | Real Estate Debt |
| Main Property Types | Office, Logistics, Residential |
25. Anaxago Society One
📌 Manager: Anaxago Capital
📍 Geographic Focus: France
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Anaxago Society One is a private equity real estate fund launched in 2023 and managed by Anaxago Capital. The fund focuses on real estate development and renovation projects across France.
The fund is currently raising capital.
Strategy and Positioning
The strategy emphasizes value creation through development and refurbishment, targeting underutilized assets within established urban markets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 32.75 |
| Target Net IRR | 7% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
26. Ansonia Multifamily Value Fund II
📌 Manager: Ansonia Properties
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
Ansonia Multifamily Value Fund II is the third fund managed by Ansonia Properties and the second within its multifamily value series. The fund focuses on acquiring and enhancing residential assets across U.S. markets.
The fund has reached its first close.
Strategy and Positioning
The strategy centers on improving operational performance and tenant experience within multifamily assets, aligning with institutional value-added mandates.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | First Close |
| Fund Size (USD mn) | 100 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
27. ApexOne Multifamily Strategic Investors Fund V
📌 Manager: ApexOne Investment Partners
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic / Multi-Strategy
🏢 Property Type: Residential
Fund Overview
ApexOne Multifamily Strategic Investors Fund V is a real estate fund launched in 2022. The fund invests across development, core-plus, and value-added multifamily strategies in the Midwestern, Southwestern, and Southeastern United States.
The fund has reached its third close.
Strategy and Positioning
The multi-strategy approach allows flexibility across market cycles, combining development exposure with stabilized and transitional assets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Third Close |
| Fund Size (USD mn) | 500 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Residential |
28. Apollo Real Estate Debt – Europe Fund I
📌 Manager: Apollo Global Real Estate Management
📍 Geographic Focus: United Kingdom and Europe
🏗 Strategy: Real Estate Debt
🏢 Property Type: Diversified
Fund Overview
Apollo Real Estate Debt – Europe Fund I is a real estate debt fund launched in 2024. The fund focuses on originating mortgage loans secured by diversified real estate assets across the United Kingdom and broader European markets.
The fund is currently raising capital.
Strategy and Positioning
The fund targets structured lending opportunities supported by Apollo’s global real estate and credit platform, with an emphasis on downside protection and income generation.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 1,167.49 |
| Target Net IRR | 11% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
29. Archer Daniels Sterling Residential Fund SCSp
📌 Manager: Archer Daniels Sterling
📍 Geographic Focus: United Kingdom
🏗 Strategy: Core / Core-Plus
🏢 Property Type: Multi-Family Residential
Fund Overview
Archer Daniels Sterling Residential Fund SCSp is an unlevered, core and core-plus residential fund launched in 2024. The fund focuses on acquiring affordable multifamily housing assets for key workers across the United Kingdom.
The fund is currently raising capital.
Strategy and Positioning
The fund emphasizes long-term income stability and capital preservation, targeting essential housing assets aligned with social infrastructure themes.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 1,071.09 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Multi-Family |
30. AREP IV
📌 Manager: AREP
📍 Geographic Focus: United States
🏗 Strategy: Value Added / Opportunistic
🏢 Property Type: Diversified
Fund Overview
AREP IV is a closed-ended real estate fund launched in 2023, focused on middle-market value-added and thematic investments across top U.S. MSAs and dynamic growth markets. The fund targets last-mile infill light industrial, recently built multifamily and student housing, upper-upscale hotels, and well-leased trophy office buildings, primarily deployed through rescue and gap capital investments.
Strategy and Positioning
The fund emphasizes capital structure-driven opportunities, seeking to capitalize on pricing dislocations while maintaining downside protection through structured and transitional investment approaches.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Closed |
| Fund Size (USD mn) | 500 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
31. Arena Investors First Mortgage Bridge Loan Fund
📌 Manager: Arena Investors
📍 Geographic Focus: United States
🏗 Strategy: Debt
🏢 Property Type: Niche
Fund Overview
Arena Investors First Mortgage Bridge Loan Fund is a real estate debt fund launched in 2023 that provides first mortgage loans secured by cash-flowing or near cash-flowing real estate assets across the United States. Loan durations are typically short to medium term, up to 36 months.
Strategy and Positioning
The fund focuses on senior-secured lending opportunities designed to generate current income while preserving capital, targeting transitional assets and time-sensitive financing requirements.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 350 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Niche |
32. Areus II
📌 Manager: Arsenale
📍 Geographic Focus: United States
🏗 Strategy: Value Added / Opportunistic
🏢 Property Type: Diversified
Fund Overview
Areus II is a closed-ended real estate fund launched in 2023 that applies a value-added investment strategy across a diversified range of property types in the United States.
Strategy and Positioning
The fund seeks to create value through repositioning and active asset management, targeting properties with operational or structural upside potential.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Second Close |
| Fund Size (USD mn) | 150 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
33. Argentic Real Estate Debt Funds I
📌 Manager: Argentic
📍 Geographic Focus: United States
🏗 Strategy: Debt
🏢 Property Type: Diversified
Fund Overview
Argentic Real Estate Debt Funds I focuses on originating or acquiring senior and subordinated loans secured by income-generating commercial real estate assets across U.S. markets.
Strategy and Positioning
The fund emphasizes current income generation and downside protection, targeting assets with strong demand drivers and stable or improving fundamentals.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 600 |
| Target Net IRR | 9% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
34. Argonaut Multifamily Opportunity II
📌 Manager: Argonaut Acquisitions
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
Argonaut Multifamily Opportunity II is a value-add multifamily fund targeting assets across the southeastern and southwestern regions of the United States.
Strategy and Positioning
The fund focuses on operational improvements and market-driven rent growth in high-demand residential submarkets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 40 |
| Target Net IRR | 18% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
35. Artemis Real Estate Partners Fund IV
📌 Manager: Artemis Real Estate Partners
📍 Geographic Focus: United States
🏗 Strategy: Value Added / Opportunistic
🏢 Property Type: Diversified
Fund Overview
Artemis Real Estate Partners Fund IV is a large-scale value-added real estate fund investing across a wide range of property types throughout the United States.
Strategy and Positioning
The fund combines equity and structured capital solutions to capitalize on repositioning, recapitalization, and complex execution opportunities across multiple sectors.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Closed |
| Fund Size (USD mn) | 2,168 |
| Target Net IRR | 14% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
36. Artemis Real Estate Partners Income & Growth Fund II
📌 Manager: Artemis Real Estate Partners
📍 Geographic Focus: United States
🏗 Strategy: Core-Plus / Value Added
🏢 Property Type: Diversified
Fund Overview
Income & Growth Fund II is a non-core real estate fund focused on stabilized and well-located residential, industrial, and niche assets across the United States.
Strategy and Positioning
The fund targets durable income streams with selective value enhancement while emphasizing downside protection.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 1,000 |
| Target Net IRR | 11% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
37. Ashcroft Value-Add Fund II
📌 Manager: Ashcroft Capital
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
Ashcroft Value-Add Fund II targets underperforming and distressed multifamily assets across high-growth Sun Belt markets in the United States.
Strategy and Positioning
The fund focuses on renovation-driven value creation, operational efficiencies, and demographic-supported rent growth.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | First Close |
| Fund Size (USD mn) | 180 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
38. Atlantic Creek Real Estate Fund IV
📌 Manager: Atlantic Creek Capital
📍 Geographic Focus: United States
🏗 Strategy: Value Added / Opportunistic
🏢 Property Type: Diversified
Fund Overview
Atlantic Creek Real Estate Fund IV is a closed-ended private equity real estate fund investing in small and middle-market assets across the United States.
Strategy and Positioning
The fund targets assets within the value-add, opportunistic, and distressed spectrum, with a primary focus on office and multifamily properties.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | First Close |
| Fund Size (USD mn) | 300 |
| Target Net IRR | 14% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
39. Aukera Real Estate Debt Fonds III
📌 Manager: Aukera Real Estate
📍 Geographic Focus: Europe
🏗 Strategy: Debt
🏢 Property Type: Diversified
Fund Overview
Aukera Real Estate Debt Fonds III is a real estate debt fund providing senior loans across Germany, Benelux, the United Kingdom, Iberia, and the Nordic region.
Strategy and Positioning
The fund applies conservative senior-lending principles with strong collateral coverage and institutional underwriting standards.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Announced |
| Fund Size (USD mn) | 267.77 |
| Target Net IRR | 6% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
40. Australian Diversified Property Fund 2
📌 Manager: Assembly Funds Management
📍 Geographic Focus: Australia
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Australian Diversified Property Fund 2 is a real estate fund launched in 2023 that focuses on industrial and residential assets across Australia. The fund builds on the strategy and execution model established by its predecessor, ADPF 1.
Strategy and Positioning
The fund targets value creation through a combination of active asset management, selective leverage, and sector diversification across logistics, industrial, and residential property types.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Second Close |
| Fund Size (USD mn) | 233.15 |
| Target Net IRR | 11% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
41. Australian Real Estate Debt Fund I
📌 Manager: Undisclosed
📍 Geographic Focus: Australia and New Zealand
🏗 Strategy: Debt
🏢 Property Type: Diversified
Fund Overview
Australian Real Estate Debt Fund I focuses on debt investments secured by commercial real estate assets across the Australasia region, with a primary focus on Australia and selective exposure to New Zealand.
Strategy and Positioning
The fund provides senior and opportunistic real estate lending solutions across multiple commercial property sectors, emphasizing downside protection and capital preservation.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 262.67 |
| Target Net IRR | 6% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
42. Avistone Industrial Parks Fund III
📌 Manager: Avistone
📍 Geographic Focus: United States
🏗 Strategy: Core
🏢 Property Type: Industrial
Fund Overview
Avistone Industrial Parks Fund III is a core real estate fund targeting stabilized industrial and flex properties across the United States.
Strategy and Positioning
The fund focuses on income-generating logistics and flex assets located in established industrial markets, with selective value-added enhancements.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 50 |
| Target Net IRR | 19.01% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Industrial |
43. Avrio Real Estate Credit
📌 Manager: Avrio (JV between Vicky Schiff and Dream)
📍 Geographic Focus: North America
🏗 Strategy: Debt
🏢 Property Type: Diversified
Fund Overview
Avrio Real Estate Credit is a private real estate credit platform launched in 2023, focused on originating and acquiring short-term, senior-secured real estate loans across North America.
Strategy and Positioning
The fund emphasizes strong principal protection, ESG-aligned lending, and community-positive development. Investments primarily consist of first mortgages with conservative loan-to-value ratios, complemented by structured finance solutions.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 500 |
| Target Net IRR | 9% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
44. Azora European Hospitality & Leisure II
📌 Manager: Azora
📍 Geographic Focus: Europe
🏗 Strategy: Value Added
🏢 Property Type: Hotels
Fund Overview
Azora European Hospitality & Leisure II is a value-add real estate fund focused on building and repositioning scalable hotel and lodging platforms across Europe, including non-EU markets such as the United Kingdom, Norway, and Switzerland.
Strategy and Positioning
The fund targets operational improvements, brand repositioning, and consolidation opportunities within the hospitality and leisure sectors.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 1,071.09 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Hotels |
45. Azora European Multi-Strategy Real Estate Fund
📌 Manager: Azora
📍 Geographic Focus: Southern Europe
🏗 Strategy: Value Added / Opportunistic
🏢 Property Type: Diversified
Fund Overview
Azora European Multi-Strategy Real Estate Fund is a separate account vehicle managed for an unnamed sovereign wealth fund, focusing on the development and repositioning of diversified real estate assets across Southern Europe.
Strategy and Positioning
The fund applies a flexible, multi-strategy approach across traditional and alternative property types, including residential, logistics, data centers, and leisure assets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Closed |
| Fund Size (USD mn) | 307.97 |
| Target Net IRR | 14% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
46. Azora Southern European Opportunities Fund III
📌 Manager: Azora
📍 Geographic Focus: Europe
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
Azora Southern European Opportunities Fund III is an opportunistic real estate fund targeting diversified asset classes across Europe, with a particular emphasis on Southern European markets.
Strategy and Positioning
The fund seeks high-return opportunities through development, repositioning, and complex transactions across both traditional and alternative property sectors.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Announced |
| Fund Size (USD mn) | 856.87 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
47. BCRE Income and Value Fund III
📌 Manager: Boston Capital Real Estate Partners
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
BCRE Income and Value Fund III is a multifamily-focused value-add fund investing in existing apartment communities across major U.S. markets.
Strategy and Positioning
The fund targets cash flow enhancement and value creation through targeted renovations, operational improvements, and strategic market selection.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 500 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
48. BF Real Estate Debt Fund II
📌 Manager: BF.capital
📍 Geographic Focus: Germany
🏗 Strategy: Debt
🏢 Property Type: Diversified
Fund Overview
BF Real Estate Debt Fund II focuses on providing senior and whole loans secured by diversified real estate assets in Germany, incorporating ESG considerations into underwriting and asset selection.
Strategy and Positioning
The fund emphasizes conservative leverage, strong collateral coverage, and sustainability-driven financing solutions.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 321.33 |
| Target Net IRR | 6% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
49. Canadian Value Add Series
📌 Manager: Undisclosed
📍 Geographic Focus: Canada
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
The Canadian Value Add Series is a closed-ended, value-add commingled fund series targeting institutional real estate opportunities across major Canadian markets.
Strategy and Positioning
The fund deploys a thematic investment approach focused on supply chain evolution and housing affordability, targeting sectors with structural growth drivers.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 377.73 |
| Target Net IRR | 11% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
50. BGO Europe Secured Lending Fund III
📌 Manager: BGO
📍 Geographic Focus: Europe
🏗 Strategy: Debt
🏢 Property Type: Diversified
Fund Overview
BGO Europe Secured Lending Fund III is the third European real estate debt vehicle managed by BGO. The fund provides senior secured real estate loans backed by office, logistics, residential, and mixed-use assets across key European markets, including Germany, the Netherlands, the Nordics, and Ireland.
Strategy and Positioning
The fund focuses on downside protection through secured lending structures while selectively enhancing returns through value-add loan situations across diversified property types.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 1,502.37 |
| Target Net IRR | 10% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
51. BGO U.S. Value-Add Lending Fund
📌 Manager: BGO
📍 Geographic Focus: United States
🏗 Strategy: Debt
🏢 Property Type: Diversified
Fund Overview
BGO U.S. Value-Add Lending Fund is a real estate debt fund providing financing solutions secured by commercial real estate assets across the United States.
Strategy and Positioning
The fund combines traditional real estate lending with selective value-add situations, targeting enhanced yield while maintaining capital preservation through asset-backed structures.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Raising |
| Fund Size (USD mn) | 500 |
| Target Net IRR | 10% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
52. BKM Industrial Value Fund III
📌 Manager: BKM Capital Partners
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Industrial
Fund Overview
BKM Industrial Value Fund III invests in light industrial and multi-use logistics properties across the Western United States. The fund targets under-managed and under-capitalized assets with strong tenant demand fundamentals.
Strategy and Positioning
Value creation is driven through refurbishment, repositioning, and active asset management, with a focus on operational excellence and NOI growth across small and mid-bay industrial properties.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 400 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Industrial |
53. BODC Multifamily Impact Fund
📌 Manager: Break of Day Capital
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
The BODC Multifamily Impact Fund is a value-add real estate fund focused on multifamily residential assets across the United States.
Strategy and Positioning
The fund emphasizes impact-oriented investments within the residential sector, combining operational improvements with targeted capital deployment to enhance housing outcomes.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 35 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
54. Bain Capital Real Estate III
📌 Manager: Bain Capital Real Estate
📍 Geographic Focus: United States and Select Global Markets
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Bain Capital Real Estate III is a diversified value-add fund targeting logistics, R&D, self-storage, senior housing, and other real estate sectors, primarily across the United States, with potential exposure to Europe and Asia Pacific.
Strategy and Positioning
The fund applies a flexible, global value-add and opportunistic approach, leveraging Bain Capital’s operating platform and sector expertise.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 3,750 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
55. Barwood UK Regional Property Growth Fund V
📌 Manager: Barwood Capital
📍 Geographic Focus: United Kingdom
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Barwood UK Regional Property Growth Fund V targets diversified real estate assets across regional UK markets, including industrial, land, hotel, and senior housing properties.
Strategy and Positioning
The fund focuses on regional growth opportunities through active development, repositioning, and asset management strategies.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 60.6 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
56. Base Preferred Equity Fund I
📌 Manager: Base Equities
📍 Geographic Focus: United States
🏗 Strategy: Debt
🏢 Property Type: Diversified
Fund Overview
Base Preferred Equity Fund I focuses on small-balance preferred equity investments in commercial and multifamily properties across the southeastern and southwestern United States.
Strategy and Positioning
The fund provides flexible capital solutions to established sponsors, targeting attractive risk-adjusted returns through structured equity positions.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | First Close |
| Fund Size (USD mn) | 50 |
| Target Net IRR | 14% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
57. Beacon Partners Fund III
📌 Manager: Clear Sky Capital
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Beacon Partners Fund III is the third real estate fund managed by Clear Sky Capital, investing in manufactured housing communities across the United States.
Strategy and Positioning
The fund targets value creation through operational improvements and selective acquisitions within the manufactured housing sector.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 100 |
| Target Net IRR | 16% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
58. Bell Apartment Fund VIII
📌 Manager: Bell Partners
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
Bell Apartment Fund VIII targets apartment communities across the United States, focusing on stabilized and value-add multifamily investments.
Strategy and Positioning
The fund emphasizes operational efficiencies, market selection, and asset enhancements to drive long-term income and capital appreciation.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 1,300 |
| Target Net IRR | 11% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
59. Belveron Flagship Fund VII
📌 Manager: Belveron Partners
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
Belveron Flagship Fund VII focuses on affordable housing investments across the United States, targeting mission-driven residential assets.
Strategy and Positioning
The fund combines value-add and secondary acquisition strategies to preserve affordability while generating attractive institutional returns.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Second Close |
| Fund Size (USD mn) | 350 |
| Target Net IRR | 14% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
60. Berenberg Senior Secured Real Estate Debt Fund II
📌 Manager: Berenberg
📍 Geographic Focus: Europe
🏗 Strategy: Debt
🏢 Property Type: Diversified
Fund Overview
Berenberg Senior Secured Real Estate Debt Fund II focuses on short to medium term bridge financings tied to value creation phases, primarily involving existing properties. The fund supports private equity driven transactions and targets assets transitioning toward ESG compliant standards under Article 8 SFDR.
Strategy and Positioning
The fund provides senior secured financing with a maximum loan to value of 70 percent and emphasizes markets where traditional bank financing is constrained by regulatory or structural complexity. Core geographic focus includes DACH, BeNeLux, the United Kingdom, Ireland, and Scandinavia.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 267.77 |
| Target Net IRR | 6.5% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
61. Berkeley Partners Value Industrial Fund VI
📌 Manager: Berkeley Partners
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Industrial
Fund Overview
Berkeley Partners Value Industrial Fund VI is a value-add real estate fund targeting industrial properties across the United States.
Strategy and Positioning
The fund focuses on operational improvements, leasing strategies, and selective capital investments to enhance income and asset value within the industrial sector.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 400 |
| Target Net IRR | 11% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Industrial |
62. Berkshire Bridge Loan Investors III
📌 Manager: Berkshire Residential Investments
📍 Geographic Focus: United States
🏗 Strategy: Debt
🏢 Property Type: Residential
Fund Overview
Berkshire Bridge Loan Investors III is a real estate debt fund focused on originating and acquiring bridge loans secured by residential real estate assets across the United States.
Strategy and Positioning
The fund emphasizes income generation and capital protection through short duration lending structures backed by multifamily, student housing, and senior housing assets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 3,500 |
| Target Net IRR | 10% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Residential |
63. Bird Dog Hospitality Fund III
📌 Manager: Bird Dog Equity Partners
📍 Geographic Focus: United States
🏗 Strategy: Core
🏢 Property Type: Hotels
Fund Overview
Bird Dog Hospitality Fund III is a core real estate fund focused on hotel assets located across the Midwestern United States.
Strategy and Positioning
The fund targets stabilized hospitality assets with a focus on income generation and conservative leverage profiles.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | First Close |
| Fund Size (USD mn) | 25 |
| Target Net IRR | 8% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Hotels |
64. Birgo Opportunistic Fund
📌 Manager: Birgo
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Residential
Fund Overview
Birgo Opportunistic Fund is a closed-ended real estate fund targeting distressed multifamily properties across the US heartland.
Strategy and Positioning
The fund seeks to capitalize on macro-driven dislocation, acquiring assets under stress and repositioning them through value-add execution.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 50 |
| Target Net IRR | 16% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Residential |
65. BlackRock Global CRE Debt Fund – C8
📌 Manager: BlackRock
📍 Geographic Focus: United States
🏗 Strategy: Debt
🏢 Property Type: Diversified
Fund Overview
BlackRock Global CRE Debt Fund C8 is a commercial real estate debt fund designed to generate stable income through a diversified portfolio of quality real estate loans.
Strategy and Positioning
The fund targets moderate risk profiles with diversified exposure across asset classes and geographies within the United States.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 2,000 |
| Target Net IRR | 8% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
66. Blue Heron Real Estate Opportunity Fund IV
📌 Manager: Blue Heron Asset Management
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Blue Heron Real Estate Opportunity Fund IV targets value-add investments in multifamily and mixed-use properties across the United States.
Strategy and Positioning
The fund applies opportunistic acquisition strategies combined with active asset management to unlock value across diversified real estate assets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Second Close |
| Fund Size (USD mn) | 125 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
67. Blue Lake Multifamily Fund
📌 Manager: Blue Lake Capital
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
Blue Lake Multifamily Fund invests in value-add multifamily assets across the southeastern and southwestern United States, supported by AI-backed market selection and risk analysis tools.
Strategy and Positioning
The fund leverages technology-driven underwriting alongside traditional asset management to enhance returns and mitigate risk.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 100 |
| Target Net IRR | 14.9% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
68. Blue Owl Real Estate Fund VI
📌 Manager: Blue Owl Real Estate
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Blue Owl Real Estate Fund VI focuses on value-added investments in freestanding, single-tenant, net-leased commercial properties across the United States.
Strategy and Positioning
The fund targets durable income streams while enhancing value through lease optimization and selective capital improvements.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Closed |
| Fund Size (USD mn) | 5,163.2 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
69. Blue Vista Real Estate Partners VI
📌 Manager: Blue Vista Capital Management
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Blue Vista Real Estate Partners VI targets a broad range of diversified real estate assets, including apartments, industrial, logistics, retail, self-storage, and senior housing across the United States.
Strategy and Positioning
The fund employs a hands-on value-add approach, focusing on operational improvements and portfolio diversification.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Second Close |
| Fund Size (USD mn) | 750 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
70. Brasa Real Estate Fund III
📌 Manager: Brasa Capital Management
📍 Geographic Focus: United States (Texas and Western US)
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Brasa Real Estate Fund III is a real estate value added fund targeting industrial and residential properties across Texas and the western United States. The fund focuses on acquiring assets with repositioning potential in growth-oriented markets.
Strategy and Positioning
The fund applies a value-add execution strategy supported by selective debt and opportunistic investments to enhance asset performance and drive capital appreciation.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | First Close |
| Fund Size (USD mn) | 850 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
71. Bridge Logistics Value Fund I
📌 Manager: Bridge Investment Group
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Industrial
Fund Overview
Bridge Logistics Value Fund I is a closed-end joint venture fund focused on infill logistics and industrial assets in major U.S. gateway markets.
Strategy and Positioning
The fund targets price dislocation and operational upside through active asset management and redevelopment of logistics properties.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 336 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Industrial |
72. Bridge Logistics Value Fund II
📌 Manager: Bridge Investment Group
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Industrial
Fund Overview
Bridge Logistics Value Fund II is the successor fund to Bridge Logistics Value Fund I and continues the firm’s infill-focused logistics investment strategy across U.S. markets.
Strategy and Positioning
The fund emphasizes value creation through acquisitions in supply-constrained logistics corridors with strong tenant demand.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 1,500 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Industrial |
73. Bridge Single-Family Rental Fund IV
📌 Manager: Bridge Investment Group
📍 Geographic Focus: United States (Southeast, Midwest, Texas)
🏗 Strategy: Opportunistic
🏢 Property Type: Residential
Fund Overview
Bridge Single-Family Rental Fund IV targets the acquisition, development, and leasing of single-family rental homes across select high-growth U.S. regions.
Strategy and Positioning
The fund combines opportunistic acquisitions with development exposure while maintaining flexibility across core and core-plus segments.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Fifth Close |
| Fund Size (USD mn) | 1,000 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Residential |
74. BridgeInvest Credit Opportunities Fund
📌 Manager: BridgeInvest
📍 Geographic Focus: United States
🏗 Strategy: Real Estate Debt
🏢 Property Type: Diversified
Fund Overview
BridgeInvest Credit Opportunities Fund provides senior secured financing to cash-flowing commercial real estate assets across the United States.
Strategy and Positioning
The fund prioritizes capital preservation through senior positioning while selectively incorporating opportunistic lending opportunities.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 58 |
| Target Net IRR | 8% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
75. BridgeInvest Specialty Credit Fund IV
📌 Manager: BridgeInvest
📍 Geographic Focus: United States
🏗 Strategy: Real Estate Debt
🏢 Property Type: Diversified
Fund Overview
BridgeInvest Specialty Credit Fund IV is a senior secured real estate debt fund investing in opportunistic lending opportunities backed by U.S. commercial real estate.
Strategy and Positioning
The fund targets risk-adjusted returns through conservative underwriting and senior collateral protection.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 672 |
| Target Net IRR | 10% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
76. Brisbane Industrial Trust
📌 Manager: KMD Partners
📍 Geographic Focus: Australia (Brisbane)
🏗 Strategy: Opportunistic
🏢 Property Type: Industrial
Fund Overview
Brisbane Industrial Trust focuses on acquiring and repositioning industrial and logistics properties across the Brisbane metropolitan area.
Strategy and Positioning
The trust seeks to benefit from supply constraints and growing logistics demand through opportunistic asset selection.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Raising |
| Fund Size (USD mn) | 7.33 |
| Target Net IRR | 10% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Industrial |
77. Brookmont Horizon Equity Fund
📌 Manager: Brookmont
📍 Geographic Focus: United States
🏗 Strategy: Core
🏢 Property Type: Diversified
Fund Overview
Brookmont Horizon Equity Fund is a core real estate fund investing in stabilized assets across multiple property sectors in the United States.
Strategy and Positioning
The fund emphasizes income stability, capital preservation, and diversified exposure across real estate segments.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 200 |
| Target Net IRR | 10% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Diversified |
78. CEP Workforce Housing Fund
📌 Manager: CEP Multifamily
📍 Geographic Focus: United States
🏗 Strategy: Core-Plus
🏢 Property Type: Residential
Fund Overview
CEP Workforce Housing Fund targets multi-family workforce housing assets across the United States.
Strategy and Positioning
The fund applies a core-plus approach, combining stable income generation with modest value enhancement initiatives.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 65 |
| Target Net IRR | 14% |
| Primary Strategy | Real Estate Core-Plus |
| Main Property Type | Residential |
79. CES Next Generation Living Fund (NGLF)
📌 Manager: CES
📍 Geographic Focus: United Arab Emirates
🏗 Strategy: Core
🏢 Property Type: Diversified
Fund Overview
CES Next Generation Living Fund targets luxury residential villas and lifestyle-oriented real estate assets in prime Middle Eastern locations.
Strategy and Positioning
The fund integrates wellness, sustainability, and digital connectivity into a long-term core investment framework.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Closed |
| Fund Size (USD mn) | 50 |
| Target Net IRR | 18% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Diversified |
80. CIM Social Housing Fund 2
📌 Manager: Conscious Investment Management
📍 Geographic Focus: Australia
🏗 Strategy: Real Estate Debt
🏢 Property Type: Residential
Fund Overview
CIM Social Housing Fund 2 partners with government agencies to invest in social, affordable, and disability housing across Australia. The fund uses a combination of equity and debt financing to acquire residential apartments that are leased to tenants with rent subsidized by state governments.
Strategy and Positioning
The fund follows a long-term, income-oriented strategy, holding assets for approximately ten years before disposal or transfer back to government entities. The approach emphasizes stable cash flows and social impact.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 130.45 |
| Target Net IRR | 8% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Residential |
81. CONAM Strategic Investments Fund IV
📌 Manager: CONAM Capital Management
📍 Geographic Focus: United States
🏗 Strategy: Distressed / Opportunistic
🏢 Property Type: Residential
Fund Overview
CONAM Strategic Investments Fund IV targets opportunistic and distressed real estate investments, with a primary focus on multifamily properties across the United States.
Strategy and Positioning
The fund seeks to capitalize on market dislocation by acquiring underperforming assets and applying value-add operational strategies.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Third Close |
| Fund Size (USD mn) | 250 |
| Target Net IRR | 14% |
| Primary Strategy | Real Estate Distressed |
| Main Property Type | Residential |
82. CONTI Real Estate Credit Fund
📌 Manager: CONTI Capital
📍 Geographic Focus: United States
🏗 Strategy: Real Estate Debt
🏢 Property Type: Residential
Fund Overview
The CONTI Real Estate Credit Fund invests in real estate-related credit vehicles secured by diversified residential and commercial assets across the United States.
Strategy and Positioning
The fund focuses on senior bridge debt, preferred equity, and mezzanine loans, targeting current income and risk-adjusted returns. International investors participate through an offshore Cayman structure.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | First Close |
| Fund Size (USD mn) | 100 |
| Target Net IRR | 8% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Residential |
83. CONTI RE High-Growth Fund IV
📌 Manager: CONTI Capital
📍 Geographic Focus: United States (Sun Belt)
🏗 Strategy: Core-Plus
🏢 Property Type: Residential
Fund Overview
CONTI RE High-Growth Fund IV focuses on acquiring and developing multifamily rental housing across high-growth U.S. Sun Belt markets.
Strategy and Positioning
The fund blends stabilized income with development and expansion opportunities to enhance total returns.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Fourth Close |
| Fund Size (USD mn) | 150 |
| Target Net IRR | 10% |
| Primary Strategy | Real Estate Core-Plus |
| Main Property Type | Residential |
84. Core-Plus Income & Value Fund
📌 Manager: Undisclosed
📍 Geographic Focus: United States
🏗 Strategy: Core-Plus
🏢 Property Type: Diversified
Fund Overview
This fund seeks to generate core-plus income and capital appreciation through direct investments in income-producing real estate and financial assets across the United States.
Strategy and Positioning
The fund emphasizes capital preservation, conservative leverage, and selective opportunistic exposure, drawing on experience gained during prior distressed market cycles.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Second Close |
| Fund Size (USD mn) | 250 |
| Target Net IRR | 5% |
| Primary Strategy | Real Estate Core-Plus |
| Main Property Type | Diversified |
85. CanFirst Industrial Realty Fund VIII
📌 Manager: CanFirst Capital Management
📍 Geographic Focus: Canada
🏗 Strategy: Value Added
🏢 Property Type: Industrial
Fund Overview
CanFirst Industrial Realty Fund VIII focuses on acquiring and repositioning industrial assets across major Canadian metropolitan markets.
Strategy and Positioning
The fund applies a value-add strategy centered on operational improvements and tenant optimization.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | First Close |
| Fund Size (USD mn) | 219.2 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Industrial |
86. Canyon US Real Estate Debt Fund III
📌 Manager: Canyon Partners Real Estate
📍 Geographic Focus: United States
🏗 Strategy: Real Estate Debt
🏢 Property Type: Diversified
Fund Overview
Canyon US Real Estate Debt Fund III is a closed-ended fund providing real estate debt financing secured by diversified U.S. commercial real estate assets.
Strategy and Positioning
The fund emphasizes capital protection and consistent income generation through senior lending positions.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Third Close |
| Fund Size (USD mn) | 1,000 |
| Target Net IRR | 11% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
87. Canyon US Real Estate Opportunity Fund
📌 Manager: Canyon Partners Real Estate
📍 Geographic Focus: United States
🏗 Strategy: Distressed / Opportunistic
🏢 Property Type: Diversified
Fund Overview
Canyon US Real Estate Opportunity Fund invests across a broad range of opportunistic and distressed real estate equity strategies throughout North America.
Strategy and Positioning
The fund seeks to capitalize on market dislocations through flexible capital deployment across asset classes.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 500 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Distressed |
| Main Property Type | Diversified |
88. Cap Hospitality IV
📌 Manager: Hotel Investissement Capital
📍 Geographic Focus: France and Europe
🏗 Strategy: Core-Plus
🏢 Property Type: Hotels
Fund Overview
Cap Hospitality IV targets hotel real estate investments across France and selected European markets.
Strategy and Positioning
The fund applies a core-plus strategy focused on income stability and selective value enhancement within the hospitality sector.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 109.18 |
| Target Net IRR | 11% |
| Primary Strategy | Real Estate Core-Plus |
| Main Property Type | Hotels |
89. Cap Hospitality V
📌 Manager: Hotel Investissement Capital
📍 Geographic Focus: France and Europe
🏗 Strategy: Core-Plus
🏢 Property Type: Hotels
Fund Overview
Cap Hospitality V is a co-investment vehicle focused on hotel properties in regional capitals across France and Europe.
Strategy and Positioning
The fund is structured to deliver stable income and moderate capital appreciation while benefiting from favorable French tax provisions.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 21.84 |
| Target Net IRR | 8% |
| Primary Strategy | Real Estate Core-Plus |
| Main Property Type | Hotels |
90. Carlyle Realty Partners X
📌 Manager: Carlyle Group
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
Carlyle Realty Partners X is a large scale opportunistic real estate fund targeting a broad mix of commercial, industrial, medical and residential assets across the United States.
Strategy and Positioning
The fund pursues opportunistic investments across diversified property types, leveraging Carlyle’s global platform, sector expertise, and ability to execute complex transactions across market cycles.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 8,000 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
91. Catalyst Industrial Outdoor Storage (IOS) Fund II L.P.
📌 Manager: Catalyst Investment Managers
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Niche Industrial
Fund Overview
Catalyst Industrial Outdoor Storage Fund II focuses on the acquisition and management of industrial outdoor storage properties across key U.S. logistics and distribution corridors.
Strategy and Positioning
The fund targets a specialized niche within industrial real estate, emphasizing value creation through repositioning, operational improvements, and strong tenant demand in logistics driven markets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 186.9 |
| Target Net IRR | 16% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Industrial Outdoor Storage |
92. Catalyst Opportunity Fund II
📌 Manager: Catalyst Investment Managers
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
Catalyst Opportunity Fund II targets real estate investments that support affordable housing, community health facilities, educational centers, and essential retail in underserved U.S. communities.
Strategy and Positioning
The fund combines opportunistic real estate investing with community focused outcomes, targeting assets that deliver both financial returns and measurable social impact.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | First Close |
| Fund Size (USD mn) | 250 |
| Target Net IRR | 10% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
93. Catalyst Real Estate Fund II
📌 Manager: Colony Hills Capital
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
Catalyst Real Estate Fund II is a closed ended Co-GP vehicle focused on acquiring and repositioning multifamily residential assets across U.S. markets.
Strategy and Positioning
The fund applies a value add strategy through asset repositioning, operational enhancements, and active property management to drive capital appreciation.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 25 |
| Target Net IRR | 20% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
94. Catalyst Real Estate Fund III
📌 Manager: Colony Hills Capital
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
Catalyst Real Estate Fund III builds on the prior fund’s strategy, targeting acquisition and repositioning opportunities within U.S. multifamily residential markets.
Strategy and Positioning
The fund focuses on high conviction value add investments with strong upside potential through renovations, leasing improvements, and operational efficiencies.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | First Close |
| Fund Size (USD mn) | 50 |
| Target Net IRR | 20% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
95. Catella Elithis Energy Positive Fund (CEEPF)
📌 Manager: Catella Real Estate
📍 Geographic Focus: Europe
🏗 Strategy: Core
🏢 Property Type: Residential
Fund Overview
CEEPF invests in Elithis Towers, a portfolio of energy positive residential developments across European cities, developed by Elithis Groupe.
Strategy and Positioning
The fund is classified as an Article 9 impact vehicle, focusing on sustainable, energy positive buildings that align with long term core real estate characteristics.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | First Close |
| Fund Size (USD mn) | 1,041.11 |
| Target Net IRR | 5% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Residential |
96. Cerberus Institutional Real Estate Partners VI
📌 Manager: Cerberus Capital Management
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
Cerberus Institutional Real Estate Partners VI targets opportunistic investments across a diversified set of real estate assets in the United States.
Strategy and Positioning
The fund emphasizes complex and distressed situations, combining debt and equity strategies to capitalize on market dislocations and cyclical inefficiencies.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 3,000 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
97. Cetan Opportunity Fund
📌 Manager: Cetan Funds
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
Cetan Opportunity Fund is a real estate debt focused vehicle providing short term, business purpose loans secured by real estate assets in Oregon and Southwest Washington.
Strategy and Positioning
The fund emphasizes capital preservation and diversification through disciplined underwriting and short duration lending strategies.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 50 |
| Target Net IRR | 8% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
98. CityPads Housing Fund II
📌 Manager: CityPads
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Residential
Fund Overview
CityPads Housing Fund II invests in residential properties across U.S. markets, with a focus on high growth and repositioning opportunities.
Strategy and Positioning
The fund employs an opportunistic approach, combining value add execution with targeted acquisitions in residential segments.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 10 |
| Target Net IRR | 18% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Residential |
99. CityView Real Estate Partners VII
📌 Manager: CityView
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
CityView Real Estate Partners VII targets diversified real estate investments across the western United States, with a strong emphasis on housing and mixed use assets.
Strategy and Positioning
The fund focuses on value creation through development, repositioning, and active asset management in supply constrained urban markets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | First Close |
| Fund Size (USD mn) | 400 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
100. The Clearinghouse CDFI Opportunity Fund
📌 Manager: The Clearinghouse CDFI
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
The Clearinghouse CDFI Opportunity Fund invests in a broad range of real estate assets located within designated U.S. Opportunity Zones. Target sectors include residential, mixed-use, retail, industrial, healthcare, senior living, and hospitality properties.
Strategy and Positioning
The fund employs an opportunistic investment strategy focused on combining debt and equity structures to support value creation in underserved communities, while seeking to deliver stable risk-adjusted returns.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 25 |
| Target Net IRR | 8% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
101. Co-Investment Logistik UK
📌 Manager: Deutsche Finance International
📍 Geographic Focus: United Kingdom
🏗 Strategy: Core
🏢 Property Type: Industrial / Logistics
Fund Overview
Co-Investment Logistik UK is a real estate co-investment vehicle targeting logistics and industrial properties across the United Kingdom.
Strategy and Positioning
The fund follows a core investment strategy focused on stabilized logistics assets, benefiting from structural demand drivers including e-commerce growth and supply chain reconfiguration.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 126.37 |
| Target Net IRR | 11% |
| Primary Strategy | Core |
| Main Property Type | Industrial |
102. Coastal Ridge Opportunity Fund
📌 Manager: Coastal Ridge Real Estate
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
Coastal Ridge Opportunity Fund is the second real estate fund launched by Coastal Ridge Real Estate, targeting opportunistic investments across the United States.
Strategy and Positioning
The fund focuses on value creation through opportunistic and value-added acquisitions, targeting assets where operational improvement and repositioning can drive outsized returns.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 350 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
103. Coima Opportunity Fund III
📌 Manager: COIMA SGR
📍 Geographic Focus: Italy
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
Coima Opportunity Fund III is a brown-to-green real estate fund focused on carbon-neutral urban redevelopment projects, primarily in Milan and Rome.
Strategy and Positioning
The fund emphasizes sustainable retrofitting and redevelopment of office and residential assets, aligning with ESG objectives while targeting attractive opportunistic returns.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 655.07 |
| Target Net IRR | 14% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
104. Colchis Real Properties Income Fund III
📌 Manager: Colchis Capital Management
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Residential
Fund Overview
Colchis Real Properties Income Fund III focuses on acquiring, renovating, and leasing single-family rental homes across targeted Midwest U.S. markets.
Strategy and Positioning
The fund targets income generation through disciplined acquisition and asset management, positioning single-family rentals as an alternative to homeownership.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | First Close |
| Fund Size (USD mn) | 120 |
| Target Net IRR | 16% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Residential |
105. Commercial Opportunistic Residential Real Estate Fund
📌 Manager: Ganu Corpus
📍 Geographic Focus: India
🏗 Strategy: Core
🏢 Property Type: Diversified
Fund Overview
This fund targets commercial office and residential real estate investments across Tier 1 Indian cities including Delhi NCR, Mumbai, Bengaluru, Hyderabad, and Pune.
Strategy and Positioning
The strategy emphasizes core real estate assets in high-growth urban markets, seeking income stability and long-term capital appreciation.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 179.94 |
| Target Net IRR | 25% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Diversified |
106. Continental Realty Opportunistic Retail Investment Fund I
📌 Manager: Continental Realty Corporation
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Retail
Fund Overview
This fund targets value-added and income-producing retail properties across selected U.S. submarkets.
Strategy and Positioning
The fund focuses on repositioning retail assets through active leasing, redevelopment, and operational improvements.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 240 |
| Target Net IRR | 16% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Retail |
107. Cora
📌 Manager: Feldberg Capital
📍 Geographic Focus: United Kingdom
🏗 Strategy: Value Added
🏢 Property Type: Office
Fund Overview
Cora is a London-focused real estate fund targeting under-managed office assets in prime Zone 1 micro-locations.
Strategy and Positioning
The fund repositions office buildings into sustainable, modern workplaces through capital investment and ESG-led refurbishment.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Second Close |
| Fund Size (USD mn) | 381.25 |
| Target Net IRR | 11% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Office |
108. Corten Real Estate Fund II (CREF II)
📌 Manager: Corten Real Estate Partners
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
CREF II targets preferred equity, mezzanine debt, and joint venture equity investments across hospitality, multifamily, and office assets in the United States.
Strategy and Positioning
The fund invests across the capital stack, providing flexible capital solutions to sponsors executing value-added business plans.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 283 |
| Target Net IRR | 16% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
109. Cortland Enhanced Value Fund VI
📌 Manager: Cortland
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
Cortland Enhanced Value Fund VI focuses on acquiring and managing multifamily residential properties across the southeastern and southwestern United States.
Strategy and Positioning
The fund applies a disciplined value-added approach through operational enhancements, renovations, and professional property management.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 1,500 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
110. Covenant Apartment Fund XI
📌 Manager: Covenant Capital Group
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
Covenant Apartment Fund XI continues the proven strategy deployed across Covenant’s prior funds, targeting well-located multifamily communities in approximately 25 to 30 high-growth Sun Belt markets across the United States.
Strategy and Positioning
The fund focuses on acquiring underperforming apartment assets and executing renovation and repositioning programs designed to achieve market-level rents and improved operational efficiency.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 748 |
| Target Net IRR | 17% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
111. Croatan All Access Fund
📌 Manager: Croatan Investments
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Residential
Fund Overview
Formerly known as Croatan Multifamily All-Weather Fund II, this fund targets multifamily residential investments across the Southeastern United States.
Strategy and Positioning
The fund applies an opportunistic and value-added approach, emphasizing downside protection, portfolio diversification, and resilient income generation across market cycles.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | First Close |
| Fund Size (USD mn) | 150 |
| Target Net IRR | 17% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Residential |
112. Crossbay
📌 Manager: MARK
📍 Geographic Focus: United Kingdom
🏗 Strategy: Value Added
🏢 Property Type: Industrial
Fund Overview
Crossbay focuses on acquiring granular, single-let urban logistics assets located within 30 minutes of major city centers across the United Kingdom.
Strategy and Positioning
The fund targets assets acquired below replacement cost through proprietary sourcing channels, constructing diversified institutional-grade logistics portfolios.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Second Close |
| Fund Size (USD mn) | 873.42 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Industrial |
113. Crosstree Real Estate Special Situations Fund III
📌 Manager: Crosstree Real Estate Partners
📍 Geographic Focus: United Kingdom
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
This fund targets special situation and opportunistic real estate investments across the United Kingdom, spanning a wide range of property sectors.
Strategy and Positioning
The strategy combines equity and debt investments, allowing flexibility across capital structures while targeting complex transactions and value creation opportunities.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Closed |
| Fund Size (USD mn) | 618.13 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
114. Crow Holdings Realty Partners X
📌 Manager: Crow Holdings Capital
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Crow Holdings Realty Partners X targets diversified real estate investments across the United States, including industrial, retail, multifamily, student housing, and self-storage assets.
Strategy and Positioning
The fund applies a value-added strategy emphasizing operational improvements, leasing optimization, and portfolio diversification across property sectors.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 3,100 |
| Target Net IRR | 10% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
115. Crystal View Capital Fund IV
📌 Manager: Crystal View Capital
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
Crystal View Capital Fund IV invests in diversified real estate assets including residential, commercial, and self-storage properties across the United States.
Strategy and Positioning
The fund targets repositioning opportunities and operational enhancements to unlock value across underperforming assets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 200 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
116. Cypress Capital Partners 2022
📌 Manager: Cypress Capital Partners
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Residential
Fund Overview
This fund focuses on acquiring multi-family and single-family residential assets in technology-driven U.S. markets such as Silicon Valley, Austin, and New York.
Strategy and Positioning
The fund targets distressed and undercapitalized assets where active management and repositioning can drive outsized returns.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | First Close |
| Fund Size (USD mn) | 100 |
| Target Net IRR | 20% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Residential |
117. DA Metropolis Mezzanine Fonds
📌 Manager: NIXDORF Kapital
📍 Geographic Focus: Germany and Austria
🏗 Strategy: Real Estate Debt
🏢 Property Type: Residential
Fund Overview
DA Metropolis Mezzanine Fonds focuses on providing mezzanine and structured debt capital to sustainable residential real estate projects across Germany and Austria.
Strategy and Positioning
The fund emphasizes capital preservation and downside protection while supporting residential developments aligned with sustainability objectives.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 214.22 |
| Target Net IRR | 8% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Residential |
118. DFI European Value-Add Fund II
📌 Manager: Deutsche Finance International
📍 Geographic Focus: Western Europe
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
DFI European Value-Add Fund II invests in a diversified portfolio of real estate assets across Western Europe.
Strategy and Positioning
The fund pursues value-added and opportunistic strategies across multiple property types, leveraging active asset management and market dislocation.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Sixth Close |
| Fund Size (USD mn) | 520.56 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
119. Dalfen Last Mile Industrial Fund V
📌 Manager: Dalfen Industrial
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Industrial
Fund Overview
Dalfen Last Mile Industrial Fund V focuses on acquiring, developing, and enhancing high-quality last-mile industrial and logistics facilities across key U.S. growth markets.
Strategy and Positioning
The fund capitalizes on structural demand for infill logistics assets driven by e-commerce growth and supply chain optimization.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Third Close |
| Fund Size (USD mn) | 500 |
| Target Net IRR | 14% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Industrial |
120. DeA REIF I
📌 Manager: DeA Capital Real Estate SGR
📍 Geographic Focus: Italy, France, Germany, Spain
🏗 Strategy: Core
🏢 Property Type: Diversified
Fund Overview
DeA REIF I is a European real estate fund focused on high-quality Grade A assets located in gateway cities across major European markets. The fund emphasizes asset optimization, regeneration, and sustainable redevelopment with a strong ESG orientation.
Strategy and Positioning
The fund follows a build-to-core strategy, primarily targeting office assets, while selectively investing in hotels, retail, and mixed-use properties. Assets are repositioned and upgraded before being held for medium- to long-term income stability.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 267.77 |
| Target Net IRR | 8% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Diversified |
121. Dexus Real Estate Partnership 2 (DREP2)
📌 Manager: Dexus
📍 Geographic Focus: Australia
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
DREP2 is the second fund in Dexus’ unlisted real estate partnership series, targeting opportunistic investments across all Australian real estate sectors.
Strategy and Positioning
The fund seeks flexible exposure to dislocated and mispriced assets, utilizing Dexus’ local operating platform to actively manage investments across market cycles.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | First Close |
| Fund Size (USD mn) | 667.42 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
122. Drake Real Estate Partners Fund V
📌 Manager: Drake Real Estate Partners
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Drake Real Estate Partners Fund V targets value-add joint venture equity investments across non-major U.S. markets, focusing on transactions requiring USD 5 to 10 million in equity.
Strategy and Positioning
The fund applies a value-investment philosophy, emphasizing cash flow, discounts to replacement cost, and operational improvement in under-managed assets within demographically strong markets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Fourth Close |
| Fund Size (USD mn) | 500 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
123. ECE European Lodging Recovery Fund
📌 Manager: ECE Real Estate Partners
📍 Geographic Focus: Europe
🏗 Strategy: Value Added
🏢 Property Type: Hotels
Fund Overview
The ECE European Lodging Recovery Fund targets hotel assets across Europe, capitalizing on recovery-driven pricing dislocations in the hospitality sector.
Strategy and Positioning
The fund focuses on repositioning and operational optimization of hotel assets to benefit from cyclical demand recovery and improved travel fundamentals.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | First Close |
| Fund Size (USD mn) | 260.28 |
| Target Net IRR | 14% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Hotels |
124. EMPIRA Residential Invest U.S. (ERI US)
📌 Manager: EMPIRA Group
📍 Geographic Focus: United States
🏗 Strategy: Core-Plus
🏢 Property Type: Residential
Fund Overview
ERI US pursues a build-to-core residential strategy focused on institutional-grade assets in high-growth Sun Belt markets.
Strategy and Positioning
The fund acquires ready-to-build land, develops residential assets, and holds stabilized properties for 7 to 8 years to generate stable income and capital appreciation.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Second Close |
| Fund Size (USD mn) | 600 |
| Target Net IRR | 13.5% |
| Primary Strategy | Real Estate Core-Plus |
| Main Property Type | Residential |
125. EQT Exeter Europe Logistics Core-Plus Fund II
📌 Manager: EQT Exeter
📍 Geographic Focus: Europe
🏗 Strategy: Core-Plus
🏢 Property Type: Industrial
Fund Overview
This fund targets fully leased, cash-flowing logistics and warehouse assets serving major European population centers.
Strategy and Positioning
The strategy emphasizes income stability, moderate leverage, and long-term cash yield from supply chain and e-commerce focused assets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 3,275.33 |
| Target Net IRR | 10% |
| Primary Strategy | Real Estate Core-Plus |
| Main Property Type | Industrial |
126. EQT Exeter Industrial Value Fund VI
📌 Manager: EQT Exeter
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Industrial
Fund Overview
EQT Exeter Industrial Value Fund VI targets big-box and last-mile warehouse assets across the United States.
Strategy and Positioning
Value creation is driven through development, lease-up of vacant space, and re-leasing of short-term tenancies within structurally undersupplied industrial markets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 4,900 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Industrial |
127. EQT Exeter Multifamily Value Fund II
📌 Manager: EQT Exeter
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
This fund focuses on acquiring and repositioning multifamily assets in “Meds, Eds & Tech” submarkets across the United States.
Strategy and Positioning
The strategy combines renovation, development, and operational optimization to materially increase NOI and yield on cost.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 3,000 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
128. EDR Real Estate Debt Fund II
📌 Manager: Edmond de Rothschild Real Estate
📍 Geographic Focus: Europe
🏗 Strategy: Real Estate Debt
🏢 Property Type: Diversified
Fund Overview
EDR Real Estate Debt Fund II invests in a diversified pan-European loan portfolio, focusing on resilient core-plus and value-add real estate assets.
Strategy and Positioning
The fund originates mid-market whole loans and selectively invests in stretched senior and mezzanine structures, targeting inflation-resilient income streams.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 535.55 |
| Target Net IRR | 9% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
129. Elanor 55 Elizabeth Street (Brisbane) Fund
📌 Manager: Elanor Investors Group
📍 Geographic Focus: Australia
🏗 Strategy: Core
🏢 Property Type: Office
Fund Overview
This fund provides exposure to a prime office asset located at 55 Elizabeth Street in Brisbane’s central business district.
Strategy and Positioning
The investment emphasizes income stability and long-term capital preservation through ownership of a core office asset in a major Australian gateway city.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Closed |
| Fund Size (USD mn) | 71.59 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Office |
130. Elion Industrial Fund II
📌 Manager: Elion Partners
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Industrial
Fund Overview
Elion Industrial Fund II is a private real estate fund managed by Elion Partners, focused on the acquisition and enhancement of industrial properties across key U.S. markets.
Strategy and Positioning
The fund targets value-add industrial opportunities through operational improvements, lease-up strategies, and asset repositioning in supply-constrained logistics corridors.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Third Close |
| Fund Size (USD mn) | 750 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Industrial |
131. Ellavoz Shared Values Opportunity Fund III
📌 Manager: Ellavoz Impact Capital
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
Ellavoz Shared Values Opportunity Fund III is a closed-ended opportunity zone real estate fund investing in residential, commercial, and industrial assets across New Jersey and Florida.
Strategy and Positioning
The fund combines opportunistic and value-add strategies with an impact-driven mandate, targeting community revitalization and long-term economic development within opportunity zones.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Raising |
| Fund Size (USD mn) | 50 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
132. Embarcadero Capital Investors VI
📌 Manager: Embarcadero Capital Partners
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Embarcadero Capital Investors VI targets office and R&D properties in prime West Coast markets driven by technology, life sciences, and creative industry tenants.
Strategy and Positioning
The fund pursues value-add opportunities through re-leasing, redevelopment, repositioning, and adaptive reuse of underperforming assets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 150 |
| Target Net IRR | 14% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
133. Emet Municipal Real Estate Strategy III
📌 Manager: Emet Capital Management
📍 Geographic Focus: United States
🏗 Strategy: Distressed
🏢 Property Type: Diversified
Fund Overview
Emet Municipal Real Estate Strategy III focuses on distressed debt secured by rental housing assets eligible for municipal revenue bond financing.
Strategy and Positioning
The fund targets assets requiring rehabilitation, recapitalization, and restructuring, seeking enhanced returns through complex capital solutions.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 235.4 |
| Target Net IRR | 18% |
| Primary Strategy | Real Estate Distressed |
| Main Property Type | Diversified |
134. Swiss Residential Club Development Fund
📌 Manager: Club Structure
📍 Geographic Focus: Switzerland
🏗 Strategy: Core-Plus
🏢 Property Type: Residential
Fund Overview
This club-style investment focuses on a large-scale residential development comprising approximately 750 apartments with an integrated commercial component.
Strategy and Positioning
The fund emphasizes sustainable rental income, energy-efficient construction standards, and long-term portfolio hold characteristics aligned with SFDR Article 8 objectives.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Second Close |
| Fund Size (USD mn) | 191.18 |
| Target Net IRR | 8% |
| Primary Strategy | Real Estate Core-Plus |
| Main Property Type | Residential |
135. Empira Real Estate Finance Fund 6
📌 Manager: Empira Group
📍 Geographic Focus: Germany and Austria
🏗 Strategy: Debt
🏢 Property Type: Diversified
Fund Overview
Empira Real Estate Finance Fund 6 is a senior debt real estate fund focused on financing residential, commercial, and land development projects in the DACH region.
Strategy and Positioning
The fund prioritizes capital preservation through senior secured lending, targeting stable income and downside protection.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Raising |
| Fund Size (USD mn) | 520.56 |
| Target Net IRR | 5% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
136. Empira Transition to Green Fund
📌 Manager: Empira Group
📍 Geographic Focus: Germany
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
Empira Transition to Green focuses on the sustainable revitalization of mid-market residential properties across Germany’s major metropolitan regions.
Strategy and Positioning
The fund acquires energy-inefficient residential assets and implements subsidized refurbishment programs to improve efficiency, rental performance, and asset quality.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 535.55 |
| Target Net IRR | 20% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
137. EquiAlt Qualified Opportunity Zone Fund
📌 Manager: EquiAlt
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
EquiAlt Qualified Opportunity Zone Fund targets residential and mixed-use assets across U.S. opportunity zones.
Strategy and Positioning
The fund combines redevelopment, repositioning, and ground-up development strategies to drive tax-advantaged long-term capital appreciation.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 500 |
| Target Net IRR | 18% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
138. Equity St. Capital Opportunity Zone Fund
📌 Manager: Equity St. Capital
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Equity St. Capital Opportunity Zone Fund invests in commercial, retail, and office assets across designated opportunity zones in the United States.
Strategy and Positioning
The fund emphasizes community revitalization, economic development, and small business growth alongside real estate value creation.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 50 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
139. Eurazeo European Real Estate II
📌 Manager: Eurazeo
📍 Geographic Focus: Europe
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Eurazeo European Real Estate II is a pan-European real estate investment vehicle targeting diversified property assets across core European markets and holding ELTIF designation.
Strategy and Positioning
The fund focuses on repositioning, redevelopment, and active asset management across multiple property sectors to enhance income resilience and long-term value.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 2,729.44 |
| Target Net IRR | 10% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
140. European Core Logistics Fund 3
📌 Manager: Palmira Capital
📍 Geographic Focus: Europe
🏗 Strategy: Core
🏢 Property Type: Industrial
Fund Overview
European Core Logistics Fund 3 is a core real estate fund managed by Palmira Capital, targeting stabilized logistics assets across major European markets.
Strategy and Positioning
The fund focuses on high-quality, income-producing logistics properties located in established distribution hubs, emphasizing long-term leases, tenant quality, and portfolio resilience.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 428.44 |
| Target Net IRR | 7.5% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Industrial |
141. European Hotel Fund
📌 Manager: Commerz Real
📍 Geographic Focus: Europe
🏗 Strategy: Core-Plus
🏢 Property Type: Hospitality
Fund Overview
European Hotel Fund is a strategic hospitality investment vehicle managed by Commerz Real in partnership with Deutsche Hospitality, with Steigenberger Hotels acting as a co-investor.
Strategy and Positioning
The fund applies a core and core-plus strategy, investing in hotel assets located in European metropolitan areas and established tourism destinations, focusing on long-term income stability.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 272.94 |
| Target Net IRR | 5.5% |
| Primary Strategy | Real Estate Core-Plus |
| Main Property Type | Hospitality |
142. European Property Investors Special Opportunities 6
📌 Manager: European Property Investors
📍 Geographic Focus: United Kingdom
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
European Property Investors Special Opportunities 6 is a large-scale real estate fund pursuing value-added and opportunistic investments across multiple property sectors.
Strategy and Positioning
The fund targets complex and underperforming assets requiring repositioning, redevelopment, or operational restructuring across hospitality, residential, office, and healthcare sectors.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Closed |
| Fund Size (USD mn) | 2,162.13 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
143. Evli Residential II Ky
📌 Manager: Evli Fund Management
📍 Geographic Focus: Finland
🏗 Strategy: Core
🏢 Property Type: Residential
Fund Overview
Evli Residential II Ky is a residential real estate fund exclusively focused on the Finnish housing market.
Strategy and Positioning
The fund pursues a conservative core strategy, investing in stabilized residential assets located in economically resilient urban centers across Finland.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 109.18 |
| Target Net IRR | 10% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Residential |
144. Exline Multifamily Fund I
📌 Manager: Exline Capital
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
Exline Multifamily Fund I is a private equity real estate fund investing in value-add multifamily assets across high-growth Sunbelt markets.
Strategy and Positioning
The fund focuses on operational improvements, renovations, and rent optimization to drive NOI growth and capital appreciation.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Closed |
| Fund Size (USD mn) | 12.7 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
145. FG Opportunistic Fund
📌 Manager: FG Capital
📍 Geographic Focus: North America
🏗 Strategy: Core-Plus
🏢 Property Type: Residential
Fund Overview
FG Opportunistic Fund is a core-plus and value-add real estate fund focused exclusively on multifamily investments within the U.S. Sunbelt region.
Strategy and Positioning
The fund combines stabilized income with selective value-add execution, targeting markets with strong population growth and rental demand.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 150 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Core-Plus |
| Main Property Type | Residential |
146. FPA Apartment Opportunity Fund VIII
📌 Manager: FPA Multifamily
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
FPA Apartment Opportunity Fund VIII is a closed-end fund focused on value-add and distressed multifamily opportunities across the United States.
Strategy and Positioning
The fund targets properties requiring renovation, repositioning, or capital restructuring, leveraging FPA’s vertically integrated operating platform.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 1,450 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
147. FPA Core Plus Fund VI
📌 Manager: FPA Multifamily
📍 Geographic Focus: United States
🏗 Strategy: Core-Plus
🏢 Property Type: Residential
Fund Overview
FPA Core Plus Fund VI invests in high-quality multifamily properties across the U.S., emphasizing stable income with moderate value creation.
Strategy and Positioning
The fund targets Class A assets in prime locations where yields can be enhanced through selective operational improvements.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Second Close |
| Fund Size (USD mn) | 1,000 |
| Target Net IRR | 9% |
| Primary Strategy | Real Estate Core-Plus |
| Main Property Type | Residential |
148. Fairfield U.S. Multifamily Value Add Fund IV
📌 Manager: Fairfield Residential
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
Fairfield U.S. Multifamily Value Add Fund IV focuses on underperforming multifamily assets in major U.S. metropolitan markets.
Strategy and Positioning
The fund targets infill and supply-constrained locations suitable for renovation, repositioning, and operational turnaround.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Third Close |
| Fund Size (USD mn) | 1,000 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
149. Fairview Investment Fund VI
📌 Manager: Fairview Partners
📍 Geographic Focus: United States
🏗 Strategy: Distressed Debt
🏢 Property Type: Diversified
Fund Overview
Fairview Investment Fund VI is a real estate debt fund focused on originating and acquiring high-yield loans secured by U.S. real estate assets.
Strategy and Positioning
The fund emphasizes capital structure complexity and distressed lending opportunities to generate attractive risk-adjusted returns.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 32.7 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Distressed |
| Main Property Type | Diversified |
150. Faropoint Industrial Sale-Leaseback Fund
📌 Manager: Faropoint
📍 Geographic Focus: United States
🏗 Strategy: Core
🏢 Property Type: Industrial
Fund Overview
Faropoint Industrial Sale-Leaseback Fund is a US-focused real estate vehicle targeting stabilized industrial properties through sale-leaseback transactions with operating companies. The fund emphasizes long-term income visibility and tenant credit quality.
Strategy and Positioning
The fund follows a core investment strategy, acquiring mission-critical industrial assets with long lease terms. It focuses on assets supporting logistics, manufacturing, and distribution functions across major US industrial corridors.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | First Close |
| Fund Size (USD mn) | 400 |
| Target Net IRR | 14% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Industrial |
151. Faropoint Fund III
📌 Manager: Faropoint
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Industrial
Fund Overview
Faropoint Fund III is an industrial real estate fund focused on last-mile logistics and warehouse assets across select high-density US metropolitan markets.
Strategy and Positioning
The fund applies a value-added strategy centered on leasing optimization, operational improvements, and selective capital expenditure programs. Assets are typically under-managed or transitional properties positioned for rental growth.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 915 |
| Target Net IRR | 14% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Industrial |
152. Fiera Real Estate Logistics Development Fund UK
📌 Manager: Fiera Real Estate
📍 Geographic Focus: United Kingdom
🏗 Strategy: Opportunistic
🏢 Property Type: Logistics
Fund Overview
Fiera Real Estate Logistics Development Fund UK is a closed-ended development fund investing in large-scale Grade A logistics facilities in supply-constrained UK urban locations.
Strategy and Positioning
The fund follows an opportunistic strategy focused on ground-up development, targeting modern logistics assets exceeding 250,000 square feet. The strategy is supported by strong occupier demand from e-commerce and third-party logistics operators.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Second Close |
| Fund Size (USD mn) | 301.27 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Logistics |
153. Florida Real Estate Value Fund V
📌 Manager: 13th Floor Investments
📍 Geographic Focus: United States (Southeast)
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
Florida Real Estate Value Fund V targets diversified real estate investments across the southeastern United States, with exposure to residential, commercial, land, hospitality, and mixed-use properties.
Strategy and Positioning
The fund adopts an opportunistic approach, investing across the capital structure and pursuing repositioning, distressed acquisitions, and complex development-related opportunities.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 300 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
154. Fondviso
📌 Manager: Fondviso
📍 Geographic Focus: Spain
🏗 Strategy: Core
🏢 Property Type: Residential
Fund Overview
Fondviso is a public-private partnership fund focused on developing affordable residential housing across Spain. The fund leases completed properties to Spanish public administrations under long-term agreements.
Strategy and Positioning
The fund follows a core strategy emphasizing income stability, government-backed tenancy, and sustainable residential development. Capital is deployed across multiple SPVs to diversify development and operational risk.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 535.55 |
| Target Net IRR | 7% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Residential |
155. Fortius Australia Value Add Partners
📌 Manager: Fortius Funds Management
📍 Geographic Focus: Australia
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Fortius Australia Value Add Partners is a follow-on private real estate vehicle targeting small to mid-cap properties across Australia’s eastern seaboard.
Strategy and Positioning
The fund applies a value-added strategy without greenfield development exposure. It focuses on active asset management, selective repositioning, and leasing strategies across traditional and alternative real estate sectors.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 266.46 |
| Target Net IRR | 11% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
156. FrontRange Property Credit Fund
📌 Manager: FrontRange Capital Partners
📍 Geographic Focus: United States
🏗 Strategy: Debt
🏢 Property Type: Residential
Fund Overview
FrontRange Property Credit Fund is a US real estate debt fund providing mezzanine debt and preferred equity capital secured against commercial and residential real estate assets.
Strategy and Positioning
The fund focuses on downside-protected lending structures, prioritizing sponsor quality, conservative loan-to-value ratios, and strong asset fundamentals across multiple property sectors.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 500 |
| Target Net IRR | 10% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Residential |
157. Fudo Capital IV
📌 Manager: CLSA Real Estate – Fudo Capital
📍 Geographic Focus: Asia-Pacific
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Fudo Capital IV is a pan-Asia real estate fund investing across major gateway cities throughout the Asia-Pacific region, including developed and emerging markets.
Strategy and Positioning
The fund employs a value-added and opportunistic strategy, targeting mispriced or underperforming assets with active repositioning across office, retail, industrial, and residential sectors.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 500 |
| Target Net IRR | 16% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
158. Future RE Fund II
📌 Manager: Future RE Capital
📍 Geographic Focus: United States
🏗 Strategy: Debt
🏢 Property Type: Diversified
Fund Overview
Future RE Fund II is a US-focused real estate debt fund targeting residential and commercial properties across multiple states, with emphasis on Mid-Atlantic and Southeastern markets.
Strategy and Positioning
The fund provides structured real estate credit solutions, targeting higher-yield opportunities supported by conservative underwriting and diversified collateral exposure.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 75 |
| Target Net IRR | 18% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
159. GCAP 3
📌 Manager: George Capital
📍 Geographic Focus: United Kingdom
🏗 Strategy: Core-Plus
🏢 Property Type: Diversified
Fund Overview
GCAP 3 is a UK-focused real estate fund investing in income-producing assets across residential, retail, office, and mixed-use sectors.
Strategy and Positioning
The fund follows a core-plus strategy, combining stable income generation with selective asset enhancement initiatives in established UK real estate markets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 127.08 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Core-Plus |
| Main Property Type | Diversified |
160. GTIS Qualified Opportunity Zone Fund II
📌 Manager: GTIS Partners
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
GTIS Qualified Opportunity Zone Fund II is a private REIT targeting residential and industrial logistics investments across designated Opportunity Zones in the United States. The fund applies GTIS Partners’ proprietary Target Market Selection Framework to guide investment decisions.
Strategy and Positioning
The fund follows an opportunistic strategy emphasizing demographic trends, regional economic conditions, affordability metrics, and supply constraints. Investments are structured to benefit from tax-advantaged Opportunity Zone incentives while targeting long-term value creation.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Fourth Close |
| Fund Size (USD mn) | 500 |
| Target Net IRR | 9% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
161. Gaw US Fund IV
📌 Manager: Gaw Capital Partners
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Gaw US Fund IV continues the strategy of its predecessor, targeting gateway cities and high-growth US markets with an emphasis on the West Coast.
Strategy and Positioning
The fund partners with specialized operators across experiential office, alternative hospitality, life sciences, digital infrastructure, flex residential, specialized housing, and production studios. The strategy focuses on thematic investing and active asset repositioning.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 500 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
162. Goodegg Hotel Fund I
📌 Manager: Goodegg Investments
📍 Geographic Focus: United States
🏗 Strategy: Core
🏢 Property Type: Hotels
Fund Overview
Goodegg Hotel Fund I focuses on acquiring select-service hotel assets across the United States, emphasizing operational efficiency and income stability.
Strategy and Positioning
The fund applies a core strategy, targeting stabilized hotel assets with strong brand affiliations and consistent cash flow profiles in resilient travel markets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 15 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Hotels |
163. Graceada Partners Fund IV
📌 Manager: Graceada Partners
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Graceada Partners Fund IV is a US-focused real estate fund targeting diversified property types across multiple markets.
Strategy and Positioning
The fund follows a value-added strategy centered on active asset management, selective redevelopment, and leasing optimization to drive capital appreciation.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | First Close |
| Fund Size (USD mn) | 300 |
| Target Net IRR | 17% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
164. Graywood Fund X
📌 Manager: Graywood Developments
📍 Geographic Focus: Canada
🏗 Strategy: Opportunistic
🏢 Property Type: Residential
Fund Overview
Graywood Fund X focuses on for-sale and rental residential development opportunities in Toronto and surrounding Canadian markets.
Strategy and Positioning
The fund applies an opportunistic strategy, investing in development and redevelopment projects across multifamily and residential asset classes.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 151.09 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Residential |
165. GreenPoint Real Estate Private Equity I
📌 Manager: GreenPoint Partners
📍 Geographic Focus: North America and Western Europe
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
GreenPoint Real Estate Private Equity I invests in diversified real estate assets across North America and Western Europe.
Strategy and Positioning
The fund employs a value-added strategy targeting underperforming or mispriced assets, with a flexible mandate allowing investment across multiple property sectors.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Second Close |
| Fund Size (USD mn) | 1,000 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
166. Griffin Partners Office Fund IV
📌 Manager: Griffin Partners
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Griffin Partners Office Fund IV invests in a combination of ground-up industrial development and core-plus office assets across targeted US markets.
Strategy and Positioning
The fund focuses on Southeastern and Southwestern US regions, applying a value-added approach through development, repositioning, and leasing initiatives.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 55 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
167. Griffis Premium Apartment Fund VI
📌 Manager: Griffis Residential
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
Griffis Premium Apartment Fund VI targets equity investments in high-quality multifamily assets across major US growth states.
Strategy and Positioning
The fund applies a value-added and core-plus strategy, emphasizing operational improvements and selective capital upgrades in established apartment communities.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 526.3 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
168. HIS Real Estate Fund III
📌 Manager: HIS Capital Group
📍 Geographic Focus: United States
🏗 Strategy: Debt
🏢 Property Type: Residential
Fund Overview
HIS Real Estate Fund III is a US-focused real estate debt fund providing capital to residential property investments.
Strategy and Positioning
The fund emphasizes structured lending opportunities with downside protection, focusing on multifamily and residential collateral.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 50 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Residential |
169. HT Special Opportunity Fund
📌 Manager: HT Group
📍 Geographic Focus: Germany and Austria
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
HT Special Opportunity Fund targets value-added and opportunistic investments across residential, office, and mixed-use properties in Germany and Vienna, Austria.
Strategy and Positioning
The fund focuses on acquiring underperforming assets in prime urban locations and executing repositioning strategies to enhance income and capital value.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 214.22 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
170. Hammes Partners IV
📌 Manager: Hammes Partners
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Medical and Healthcare
Fund Overview
Hammes Partners IV is a US focused healthcare real estate fund investing exclusively in medical office buildings and ambulatory care centers. The fund benefits from Hammes Partners’ long standing specialization in healthcare related real estate assets.
Strategy and Positioning
The fund employs a value added strategy focused on partnering with health systems and physician groups to develop, acquire, and reposition healthcare facilities. Emphasis is placed on outpatient oriented assets aligned with long term healthcare delivery trends.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Closed |
| Fund Size (USD mn) | 739 |
| Target Net IRR | 11% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Medical and Healthcare |
171. Hanseatic Sustainable Residential Real Estate Fund
📌 Manager: Hanseatic Alternative Investments AIFP
📍 Geographic Focus: Latvia
🏗 Strategy: Opportunistic
🏢 Property Type: Residential
Fund Overview
Hanseatic Sustainable Residential Real Estate Fund focuses on energy efficient residential assets located primarily in Riga, Latvia. The fund emphasizes sustainability driven residential development and refurbishment.
Strategy and Positioning
The strategy combines opportunistic acquisition with sustainability led upgrades, targeting modern energy standards to enhance long term value and operational efficiency in urban residential stock.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Announced |
| Fund Size (USD mn) | 10.92 |
| Target Net IRR | 9% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Residential |
172. Harbert United States Real Estate Fund VIII
📌 Manager: Harbert Management Corporation
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Harbert United States Real Estate Fund VIII is a closed ended vehicle targeting diversified real estate assets across major and secondary US markets.
Strategy and Positioning
The fund applies a value added investment approach through repositioning, redevelopment, and active asset management across multifamily, industrial, retail, office, and residential assets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 750 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
173. Harrison Street European Property Partners IV
📌 Manager: Harrison Street Real Estate Capital
📍 Geographic Focus: Europe
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
Harrison Street European Property Partners IV focuses on the acquisition and development of specialized real estate assets across Europe, including education, healthcare, and residential related sectors.
Strategy and Positioning
The fund targets student accommodation, life sciences, build to rent housing, senior housing, and healthcare assets, leveraging Harrison Street’s sector specific expertise and operating partner network.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | First Close |
| Fund Size (USD mn) | 1,604.49 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
174. Harvest Pub Fund 2
📌 Manager: Harvest Hotels
📍 Geographic Focus: Australia
🏗 Strategy: Value Added
🏢 Property Type: Hotels
Fund Overview
Harvest Pub Fund 2 focuses on the acquisition, development, and operation of pub assets located in regional New South Wales, Australia.
Strategy and Positioning
The fund applies a value added strategy through operational improvements and selective redevelopment, with an eventual plan to transfer assets into Harvest Pub Fund 1.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Raising |
| Fund Size (USD mn) | 33.95 |
| Target Net IRR | 19% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Hotels |
175. Harvest Pub Fund 3
📌 Manager: Harvest Hotels
📍 Geographic Focus: Australia
🏗 Strategy: Value Added
🏢 Property Type: Hotels
Fund Overview
Harvest Pub Fund 3 is focused on acquiring and operating pub assets within metropolitan Adelaide, Australia.
Strategy and Positioning
The fund follows a value added and opportunistic strategy emphasizing operational enhancement and location driven revenue growth in urban hospitality assets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | First Close |
| Fund Size (USD mn) | 169.75 |
| Target Net IRR | 17.2% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Hotels |
176. Health and Life Sciences Development Fund
📌 Manager: HMC Capital
📍 Geographic Focus: Australia
🏗 Strategy: Opportunistic
🏢 Property Type: Medical and Life Sciences
Fund Overview
The Health and Life Sciences Development Fund is an unlisted real estate fund focused on healthcare and life sciences developments in the southern Sydney metropolitan area.
Strategy and Positioning
The fund targets development and repositioning opportunities in medical and life sciences assets, benefiting from demographic growth and increasing healthcare infrastructure demand.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 1,332.29 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Medical and Healthcare |
177. Heitman European Value Fund
📌 Manager: Heitman
📍 Geographic Focus: Western Europe
🏗 Strategy: Core
🏢 Property Type: Diversified
Fund Overview
Heitman European Value Fund invests across Western Europe with exposure to alternative and residential oriented property sectors.
Strategy and Positioning
The fund follows a core strategy targeting stabilized assets in self storage, rented residential, senior housing, and student housing sectors with durable income characteristics.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 112.59 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Diversified |
178. Heitman Value Partners VI
📌 Manager: Heitman
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Heitman Value Partners VI is a large scale US focused real estate fund targeting diversified property sectors across major markets.
Strategy and Positioning
The fund applies a value added strategy through redevelopment, repositioning, and operational enhancements across industrial, residential, healthcare, office, retail, and alternative property types.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | First Close |
| Fund Size (USD mn) | 1,750 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
179. Hellenic Serviced Apartment Regeneration Fund (HSARF)
📌 Manager: LIDIS
📍 Geographic Focus: Greece
🏗 Strategy: Opportunistic
🏢 Property Type: Hospitality and Residential
Fund Overview
Hellenic Serviced Apartment Regeneration Fund is a closed ended vehicle focused on the green redevelopment of urban buildings into serviced and furnished apartments across Greece.
Strategy and Positioning
The fund targets opportunistic regeneration projects emphasizing sustainability, energy efficiency, and urban regeneration, with exposure to serviced apartments, student housing, and residential assets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 128.53 |
| Target Net IRR | 28% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Hotels |
180. High Street Value Fund I
📌 Manager: High Street Logistics Properties
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Industrial
Fund Overview
High Street Value Fund I is a value added real estate fund focused on acquiring and repositioning institutional quality warehouse and distribution assets across major U.S. logistics markets. The fund targets assets with operational or leasing inefficiencies where active asset management can drive income growth and capital appreciation.
Strategy and Positioning
The fund pursues a value added strategy centered on industrial properties benefiting from long term structural demand drivers such as e-commerce growth, supply chain reconfiguration, and nearshoring. The manager focuses on improving tenant quality, extending lease terms, and enhancing operational efficiency.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Second Close |
| Fund Size (USD mn) | 400 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Industrial |
| Sub-Sector Focus | Warehouse, Distribution |
181. Hone SFR Fund II
📌 Manager: Hone Capital
📍 Geographic Focus: United States
🏗 Strategy: Core-Plus
🏢 Property Type: Residential
Fund Overview
Hone SFR Fund II is a single-family rental fund focused on acquiring and operating residential homes across high growth U.S. Sun Belt markets. The fund employs a disciplined buy-box strategy to scale efficiently across select metropolitan areas.
Strategy and Positioning
The fund targets stabilized and lightly value add single-family assets, emphasizing markets with strong population growth, employment expansion, and housing undersupply. Returns are driven through rental income, operational efficiencies, and portfolio scale.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 60 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Core-Plus |
| Main Property Type | Residential |
| Sub-Sector Focus | Single-Family Rental |
182. ICG Real Estate Debt Fund VI
📌 Manager: ICG-Longbow
📍 Geographic Focus: Europe
🏗 Strategy: Real Estate Debt
🏢 Property Type: Diversified
Fund Overview
ICG Real Estate Debt Fund VI is a European real estate debt fund focused on originating and investing primarily in first mortgage whole loans, complemented by selective mezzanine and preferred equity investments. The fund emphasizes secured lending against commercial real estate across the UK, Northern Europe, and Western Europe.
Strategy and Positioning
The fund targets mid-market transactions and prioritizes downside protection through conservative loan-to-value ratios and asset quality. A core component of the strategy includes climate aligned lending through the fund’s Green Loan Framework, supporting sustainability objectives while generating stable income.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 1,906 |
| Target Net IRR | 8% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
| Geographic Focus | UK and Western Europe |
183. ICG Real Estate Opportunities Fund
📌 Manager: ICG Real Estate
📍 Geographic Focus: Western Europe
🏗 Strategy: Opportunistic
🏢 Property Type: Industrial
Fund Overview
ICG Real Estate Opportunities Fund targets opportunistic investments across Western European real estate markets, with a primary focus on the United Kingdom, Germany, and France. The fund concentrates on complex situations where value is obscured by structural, transactional, or capital challenges.
Strategy and Positioning
The fund seeks to create institutional platforms in resilient sectors, particularly logistics, industrial, and living assets. Value creation is driven by capital structure solutions, repositioning strategies, and sector specialization.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 1,092 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Industrial |
| Sub-Sector Focus | Logistics, Industrial |
184. ICG Sale and Leaseback Fund II
📌 Manager: ICG Real Estate
📍 Geographic Focus: Europe
🏗 Strategy: Core
🏢 Property Type: Diversified
Fund Overview
ICG Sale and Leaseback Fund II is a pan-European real estate fund focused on acquiring mission critical commercial properties through sale and leaseback transactions with owner occupiers and third-party sellers.
Strategy and Positioning
The fund emphasizes long-dated, inflation protected income streams derived from single tenant assets with strong tenant dependency. The strategy offers an alternative form of corporate financing while providing investors with stable, defensive cash flows.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 1,800 |
| Target Net IRR | 10% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Diversified |
| Lease Profile | Long-Term Single Tenant |
185. ICM US Co-Investment Real Estate III
📌 Manager: ICM Asset Management
📍 Geographic Focus: United States
🏗 Strategy: Core-Plus
🏢 Property Type: Industrial
Fund Overview
ICM US Co-Investment Real Estate III is a U.S. focused co-investment fund targeting industrial development opportunities in high growth metropolitan markets including Atlanta, Dallas, and Phoenix.
Strategy and Positioning
The fund partners alongside experienced sponsors to access development and core-plus opportunities, with a focus on logistics assets positioned to benefit from demographic growth and industrial demand fundamentals.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 151 |
| Target Net IRR | 16% |
| Primary Strategy | Real Estate Co-Investment |
| Main Property Type | Industrial |
| Secondary Exposure | Residential |
186. IDA Capital Partners Series II
📌 Manager: IDA Capital Partners
📍 Geographic Focus: Australia
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
IDA Capital Partners Series II is a closed-end opportunistic real estate fund targeting equity style returns with debt-like risk characteristics. The fund focuses on dislocated opportunities emerging from balance sheet stress and capital market disruption.
Strategy and Positioning
The strategy emphasizes structured capital, distressed situations, and value add investments across the Australian real estate market, seeking asymmetric risk-adjusted returns through disciplined underwriting.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 85 |
| Target Net IRR | 17% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
| Investment Themes | Debt, Distressed, Value Added |
187. IMPACT Mortgage Opportunities Fund II
📌 Manager: IMPACT Community Capital
📍 Geographic Focus: United States
🏗 Strategy: Real Estate Debt
🏢 Property Type: Residential
Fund Overview
IMPACT Mortgage Opportunities Fund II is a U.S. focused real estate debt fund providing short term bridge financing to residential developers, with a particular emphasis on multifamily housing.
Strategy and Positioning
The fund generates returns through senior secured lending, focusing on capital preservation, predictable income, and shorter duration investments across underserved housing segments.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 300 |
| Target Net IRR | 6% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Residential |
| Sub-Sector Focus | Multifamily |
188. IMPACT Multifamily Debt Fund
📌 Manager: IMPACT Community Capital
📍 Geographic Focus: United States
🏗 Strategy: Real Estate Debt
🏢 Property Type: Residential
Fund Overview
IMPACT Multifamily Debt Fund focuses on providing debt capital to multifamily housing projects across the United States, supporting workforce and affordable housing development.
Strategy and Positioning
The fund emphasizes stable income generation through secured lending, prioritizing risk management and social impact aligned investments.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 150 |
| Target Net IRR | 6% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Residential |
| Sub-Sector Focus | Apartment, Multifamily |
189. IPI Data Center Partners Fund III
📌 Manager: IPI Partners
📍 Geographic Focus: OECD Countries
🏗 Strategy: Value Added
🏢 Property Type: Industrial
Fund Overview
IPI Data Center Partners Fund III is a global data center investment fund targeting digital infrastructure assets across North America and Western Europe.
Strategy and Positioning
The fund invests in mission critical data center properties, leveraging long term secular growth in cloud computing, artificial intelligence, and data consumption. Value creation is driven through development, expansion, and operational optimization.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 4,000 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Data Centers |
| Sector Classification | Industrial |
190. IRA Capital Healthcare Real Estate Fund
📌 Manager: IRA Capital
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Healthcare
Fund Overview
IRA Capital Healthcare Real Estate Fund is a U.S. focused healthcare real estate vehicle targeting senior housing, medical office buildings, and related healthcare assets in primary and secondary metropolitan markets. The fund emphasizes locations with strong demographic trends, high barriers to entry, and favorable supply and demand fundamentals.
Strategy and Positioning
The fund pursues a value added approach with disciplined diversification constraints at the asset, MSA, and healthcare system levels. IRA Capital leverages its specialized healthcare expertise, operating relationships, and off-market sourcing capabilities to execute mid-sized investments with defined business plans and medium-term hold periods.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 500 |
| Target Net IRR | 14% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Healthcare |
| Sub-Sector Focus | Medical Office, Senior Housing |
191. Immofim 2022
📌 Manager: Foncière Magellan
📍 Geographic Focus: France
🏗 Strategy: Core-Plus
🏢 Property Type: Office
Fund Overview
Immofim 2022 is a French OPPCI vehicle focused on office buildings and business park assets across key metropolitan markets in France. The fund targets stabilized assets with income visibility and selective enhancement potential.
Strategy and Positioning
The fund follows a core-plus strategy emphasizing income durability, tenant quality, and modest asset repositioning opportunities. It benefits from Foncière Magellan’s domestic market expertise and local operating platform.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 218 |
| Target Net IRR | 6% |
| Primary Strategy | Real Estate Core-Plus |
| Main Property Type | Office |
| Geographic Focus | France |
192. JAB Real Estate Opportunity Fund VIII
📌 Manager: JAB Real Estate
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
JAB Real Estate Opportunity Fund VIII focuses on value added investments in U.S. apartment properties. The fund seeks to acquire underperforming multifamily assets and enhance value through capital improvements and operational optimization.
Strategy and Positioning
The strategy centers on improving cash flow through renovations, rent optimization, and expense management, followed by disposition to institutional buyers or conversion strategies where appropriate.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Second Close |
| Fund Size (USD mn) | 75 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
| Sub-Sector Focus | Apartments |
193. JIOS Fund I-A, LP
📌 Manager: Jadian Capital
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Industrial
Fund Overview
JIOS Fund I-A, LP is a sidecar vehicle to Jadian Real Estate Fund II, dedicated to industrial outdoor storage investments. The fund targets assets supporting logistics, construction, and infrastructure-related uses.
Strategy and Positioning
The fund pursues opportunistic investments in niche industrial assets, capitalizing on supply constraints, functional utility, and growing institutional demand for industrial outdoor storage platforms.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Second Close |
| Fund Size (USD mn) | 400 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Industrial |
| Sub-Sector Focus | Industrial, Logistics, Warehouse |
194. JP Morgan Real Estate Credit Opportunity Fund
📌 Manager: JP Morgan Asset Management
📍 Geographic Focus: United States
🏗 Strategy: Real Estate Debt
🏢 Property Type: Diversified
Fund Overview
JP Morgan Real Estate Credit Opportunity Fund is a large-scale real estate credit vehicle focused on structured lending and loan acquisitions across U.S. commercial real estate markets.
Strategy and Positioning
The fund invests across rescue financing, structured credit, and performing and non-performing loan acquisitions. The strategy seeks to generate attractive risk-adjusted returns through downside protection and active credit management.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 2,000 |
| Target Net IRR | 10% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
| Sub-Sector Focus | Commercial |
195. Jacques Forrest Capital
📌 Manager: Jacques Forrest Capital
📍 Geographic Focus: United Kingdom
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Jacques Forrest Capital is a UK focused real estate fund targeting value add and opportunistic opportunities across multiple property sectors.
Strategy and Positioning
The fund seeks to capitalize on market dislocation and asset mispricing through active asset management, repositioning, and selective development strategies across diversified asset types.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Announced |
| Fund Size (USD mn) | 191 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
| Geographic Focus | United Kingdom |
196. Jadian Real Estate Fund II
📌 Manager: Jadian Capital
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Niche
Fund Overview
Jadian Real Estate Fund II is the firm’s second opportunistic real estate vehicle, targeting investments across the capital structure of real estate assets and operating companies.
Strategy and Positioning
The fund employs a flexible mandate across debt, distressed, and equity investments, focusing on niche sectors such as industrial, logistics, self-storage, and mixed-use assets where complexity creates mispricing.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Second Close |
| Fund Size (USD mn) | 600 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Niche |
| Sub-Sector Focus | Industrial, Logistics, Residential, Self-Storage |
197. Jameson Credit Partners 1
📌 Manager: Jameson Capital
📍 Geographic Focus: Australia
🏗 Strategy: Real Estate Debt
🏢 Property Type: Diversified
Fund Overview
Jameson Credit Partners 1 is an Australian real estate debt fund offering wholesale investors exposure to first mortgage secured loans across a broad range of property types.
Strategy and Positioning
The fund focuses on income generation through senior secured lending, with additional upside potential through loan syndication and fee participation.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 10 |
| Target Net IRR | 10% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
| Geographic Focus | Australia |
198. Jameson Social Impact Fund 1
📌 Manager: Jameson Capital
📍 Geographic Focus: Australia
🏗 Strategy: Opportunistic
🏢 Property Type: Healthcare
Fund Overview
Jameson Social Impact Fund 1 targets disability accommodation assets in Australia, including seed portfolios and development of Specialist Disability Accommodation properties.
Strategy and Positioning
The fund combines opportunistic real estate investing with government-backed income streams, benefiting from CPI-linked revenues and long-term structural demand for disability housing.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 80 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Healthcare |
| Sub-Sector Focus | Disability, Senior Housing |
199. KB Securities Real Estate Fund
📌 Manager: KB Securities
📍 Geographic Focus: Asia
🏗 Strategy: Real Estate Debt
🏢 Property Type: Diversified
Fund Overview
KB Securities Real Estate Fund is a debt-focused vehicle providing bridge and project finance loans for residential and commercial developments, with a focus on South Korea and select global markets.
Strategy and Positioning
The fund emphasizes construction and transitional lending across office, residential, and data center assets, leveraging the firm’s capital markets expertise and underwriting discipline.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Announced |
| Fund Size (USD mn) | 145 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
| Sub-Sector Focus | Residential, Office, Data Center |
200. KHP Fund VI
📌 Manager: KHP Capital Partners
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Hotels
Fund Overview
KHP Fund VI is a hospitality focused real estate fund targeting the acquisition, development, and re-development of boutique and independent hotel assets. The fund concentrates primarily on urban U.S. markets, with selective exposure to high quality secondary markets.
Strategy and Positioning
The fund employs a value added strategy centered on operational enhancement, brand repositioning, and capital improvement programs. KHP leverages its deep hospitality operating expertise to drive revenue growth and margin expansion across the portfolio.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 450 |
| Target Net IRR | 18% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Hotels |
| Sub-Sector Focus | Hospitality |
201. KKR Real Estate Partners Americas IV
📌 Manager: KKR
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Industrial
Fund Overview
KKR Real Estate Partners Americas IV is a large scale opportunistic real estate fund focused on high conviction sectors including industrial logistics, rental housing, and self-storage across the United States.
Strategy and Positioning
The fund pursues a flexible mandate spanning core, distressed, and opportunistic investments. KKR leverages its global platform, proprietary sourcing, and operational capabilities to capitalize on cyclical dislocation and long term secular demand drivers.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 4,500 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Industrial |
| Sub-Sector Focus | Residential, Industrial, Self-Storage |
202. Kildare Partners IV
📌 Manager: Kildare Partners
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
Kildare Partners IV targets opportunistic investments across U.S. commercial real estate markets, with a focus on complex and transitional assets.
Strategy and Positioning
The fund emphasizes distressed and dislocated opportunities where capital structure complexity, leasing risk, or operational challenges create pricing inefficiencies. Asset repositioning and strategic exits are central to the return profile.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 600 |
| Target Net IRR | 16% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
| Sub-Sector Focus | Commercial |
203. Knightvest Fund II
📌 Manager: Knightvest Capital
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
Knightvest Fund II is a closed ended multifamily real estate fund targeting apartment assets across major and secondary U.S. markets.
Strategy and Positioning
The fund focuses on acquiring underperforming multifamily properties and executing renovation and repositioning programs designed to increase net operating income and asset quality.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | First Close |
| Fund Size (USD mn) | 500 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
| Sub-Sector Focus | Multi-family, Apartment |
204. Kristensen Partners II
📌 Manager: Kristensen Properties
📍 Geographic Focus: Germany
🏗 Strategy: Core-Plus
🏢 Property Type: Office
Fund Overview
Kristensen Partners II is a European office focused fund targeting stabilized and selectively repositioned office assets in key German cities.
Strategy and Positioning
The fund follows a core-plus approach combining income stability with modest value creation through leasing optimization, asset management initiatives, and capital improvements.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 214 |
| Target Net IRR | 7% |
| Primary Strategy | Real Estate Core-Plus |
| Main Property Type | Office |
| Geographic Focus | Germany |
205. Kristensen Partners VI
📌 Manager: Kristensen Properties
📍 Geographic Focus: Denmark
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
Kristensen Partners VI targets residential real estate investments across selected Danish cities, focusing on assets with repositioning or operational improvement potential.
Strategy and Positioning
The fund applies a value added strategy emphasizing rental growth, asset modernization, and portfolio optimization within stable Nordic residential markets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 134 |
| Target Net IRR | 8% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
| Geographic Focus | Denmark |
206. LCN North American Fund IV
📌 Manager: LCN Capital Partners
📍 Geographic Focus: North America
🏗 Strategy: Core
🏢 Property Type: Diversified
Fund Overview
LCN North American Fund IV is a diversified real estate fund investing across core and core-plus opportunities throughout North America.
Strategy and Positioning
The fund targets income oriented assets while maintaining flexibility to invest across a broad range of property types including commercial, industrial, healthcare, hospitality, and specialized alternatives.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Second Close |
| Fund Size (USD mn) | 800 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Diversified |
| Sub-Sector Focus | Commercial, Industrial, Healthcare, Hospitality |
207. LEFT LANE Holdings Fund III
📌 Manager: Left Lane Holdings
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
LEFT LANE Holdings Fund III is an opportunistic real estate fund seeking investments across North America, with a focus on sectors benefiting from operational and market dislocation.
Strategy and Positioning
The fund targets value creation through repositioning, redevelopment, and selective development across hospitality, multifamily, and office assets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 200 |
| Target Net IRR | 17% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
| Sub-Sector Focus | Hospitality, Multi-family, Office |
208. LIFULL Regional Revitalization Fund II
📌 Manager: LIFULL Investment
📍 Geographic Focus: Japan
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
LIFULL Regional Revitalization Fund II focuses on real estate projects that contribute to regional revitalization across Japan, encompassing both development and redevelopment opportunities.
Strategy and Positioning
The fund expands beyond pure development to include repositioning of existing assets, aiming to stimulate regional economies while generating attractive risk adjusted returns.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 21 |
| Target Net IRR | 7% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
| Geographic Focus | Japan |
209. LYNK Capital Opportunity Fund
📌 Manager: Lynk Capital
📍 Geographic Focus: United States
🏗 Strategy: Real Estate Debt
🏢 Property Type: Diversified
Fund Overview
LYNK Capital Opportunity Fund is a private real estate debt fund focused on lending to real estate development projects across the United States.
Strategy and Positioning
The fund provides structured debt financing for mixed use and single family development projects, targeting consistent income generation with capital preservation.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 50 |
| Target Net IRR | 10% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
| Sub-Sector Focus | Mixed Use, Single-Family |
210. LaSalle Value Partners Europe
📌 Manager: LaSalle Investment Management
📍 Geographic Focus: Western Europe
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
LaSalle Value Partners Europe is a value added real estate fund targeting structured, transitional, and distressed opportunities across key Western European markets. The fund benefits from LaSalle’s long standing European footprint and local operating platforms.
Strategy and Positioning
The fund focuses on capital structure complexity, leasing risk, and repositioning opportunities across multiple property sectors. Active asset management and disciplined exit execution underpin the return profile.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 1,091.78 |
| Target Net IRR | 14% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
211. LaSalle Value Partners U.S. IX
📌 Manager: LaSalle Investment Management
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
LaSalle Value Partners U.S. IX is the continuation vehicle of LaSalle’s established U.S. value added series, pursuing investments across residential, industrial, healthcare, and select commercial assets.
Strategy and Positioning
The fund targets undercapitalized or mispriced assets requiring leasing, operational, or capital repositioning. LaSalle’s integrated research and asset management capabilities support disciplined underwriting and execution.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Second Close |
| Fund Size (USD mn) | 1,250 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
| Sub-Sector Focus | Residential, Industrial, Medical/Healthcare |
212. Landmark Real Estate Fund IX
📌 Manager: Ares Management
📍 Geographic Focus: Global
🏗 Strategy: Secondaries
🏢 Property Type: Diversified
Fund Overview
Landmark Real Estate Fund IX is a global real estate secondaries fund of funds focused on acquiring LP interests, GP stakes, and structured solutions across diversified real estate strategies.
Strategy and Positioning
The fund capitalizes on liquidity driven opportunities, portfolio rebalancing, and fund recapitalizations, providing exposure to high quality managers at discounted entry points.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 3,300 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Secondaries |
| Structure | Fund of Funds |
| Property Focus | Data Center, Industrial |
213. Leaseum US Real Estate Fund
📌 Manager: Leaseum
📍 Geographic Focus: United States
🏗 Strategy: Core-Plus
🏢 Property Type: Diversified
Fund Overview
Leaseum US Real Estate Fund targets core-plus and value added investments, primarily within multifamily and office properties across U.S. metropolitan markets.
Strategy and Positioning
The fund focuses on income producing assets with embedded upside through lease-up, tenant optimization, and modest capital improvements.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 250 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Core-Plus |
| Main Property Type | Diversified |
| Sub-Sector Focus | Multi-family, Office |
214. Legacy Opportunity Fund II
📌 Manager: Legacy Group Capital
📍 Geographic Focus: United States
🏗 Strategy: Real Estate Debt
🏢 Property Type: Residential
Fund Overview
Legacy Opportunity Fund II is a closed ended real estate debt fund focused on first lien and mezzanine lending for residential development projects in the Pacific Northwest and Western United States.
Strategy and Positioning
The fund emphasizes capital preservation through senior secured positions while generating stable income through construction and development lending.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Second Close |
| Fund Size (USD mn) | 150 |
| Target Net IRR | 8% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Residential |
215. Life Europe Property Fund
📌 Manager: Life Europe
📍 Geographic Focus: Europe
🏗 Strategy: Core-Plus
🏢 Property Type: Residential
Fund Overview
Life Europe Property Fund targets core-plus residential investments across Europe, with a strategic emphasis on build-to-rent and student housing assets.
Strategy and Positioning
The fund focuses on income generating residential portfolios complemented by moderate development and lease-up risk to enhance returns.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 535.55 |
| Target Net IRR | 11% |
| Primary Strategy | Real Estate Core-Plus |
| Main Property Type | Residential |
216. Lingerfelt Commonwealth Legacy Fund III
📌 Manager: Lingerfelt
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Lingerfelt Commonwealth Legacy Fund III targets acquisitions and developments of Class A and B+ office and medical office properties across the Mid-Atlantic and Southeastern United States.
Strategy and Positioning
The fund emphasizes secondary and tertiary markets where assets can be acquired below replacement cost, offering upside through leasing and repositioning initiatives.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Third Close |
| Fund Size (USD mn) | 200 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
217. Loci Capital Opportunistic Fund II
📌 Manager: Loci Capital
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
Loci Capital Opportunistic Fund II pursues high return investments across commercial and residential real estate in the Southeastern United States.
Strategy and Positioning
The fund targets dislocated opportunities across the capital stack, including distressed, debt, and repositioning scenarios, with a flexible exit strategy.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Second Close |
| Fund Size (USD mn) | 100 |
| Target Net IRR | 16% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
218. Long Wharf Real Estate Partners VII
📌 Manager: Long Wharf Capital
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Long Wharf Real Estate Partners VII employs a bottom-up investment approach to identify value added opportunities across multiple U.S. property sectors.
Strategy and Positioning
The fund emphasizes operational improvement, leasing optimization, and selective redevelopment across diversified asset types.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Fourth Close |
| Fund Size (USD mn) | 500 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
219. Longpoint Realty Fund III
📌 Manager: Longpoint Realty Partners
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Industrial
Fund Overview
Longpoint Realty Fund III targets underperforming industrial assets and retail shopping centers in select U.S. markets.
Strategy and Positioning
The fund focuses on repositioning, tenant re-merchandising, and capital improvement programs within industrial and logistics oriented assets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 940 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Industrial |
| Sub-Sector Focus | Logistics, Warehouse / Distribution |
220. Longpoint Specialty Grocer Fund I
📌 Manager: Longpoint Realty Partners
📍 Geographic Focus: United States
🏗 Strategy: Core-Plus
🏢 Property Type: Retail
Fund Overview
Longpoint Specialty Grocer Fund I focuses on the acquisition of grocery anchored shopping centers across the United States, emphasizing necessity based retail with stable tenant demand.
Strategy and Positioning
The fund follows a core-plus strategy, targeting well located retail assets anchored by high quality grocery tenants. Value creation is driven through selective leasing improvements, modest capital enhancements, and operational efficiencies while maintaining a defensive income profile.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 225 |
| Target Net IRR | 8% |
| Primary Strategy | Real Estate Core-Plus |
| Main Property Type | Retail |
| Sub-Sector Focus | Shopping Center, Retail |
221. Lumenate SDA Investment Trust II
📌 Manager: Blackoak Capital
📍 Geographic Focus: Australia
🏗 Strategy: Core
🏢 Property Type: Niche Residential
Fund Overview
Lumenate SDA Investment Trust II is focused on building a diversified portfolio of single storey houses and villas tailored for participants eligible for Specialist Disability Accommodation funding under Australia’s National Disability Insurance Scheme.
Strategy and Positioning
The fund pursues a core strategy supported by long term government backed income streams. Assets are designed to meet strict SDA compliance standards, offering predictable cash flows and reduced volatility relative to traditional residential real estate.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 66.74 |
| Target Net IRR | 12.5% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Niche |
| Sub-Sector Focus | SDA Residential |
222. Lycka’s Daybreak Alpha Return Real Estate Tactical Fund I
📌 Manager: Lycka Asset Management LLP
📍 Geographic Focus: India
🏗 Strategy: Core-Plus
🏢 Property Type: Diversified
Fund Overview
Lycka’s Daybreak Alpha Return Real Estate Tactical Fund I is a SEBI registered Category II Alternative Investment Fund investing in private real estate opportunities across India.
Strategy and Positioning
The fund employs a flexible, tactical approach across core, core-plus, value added, and selective debt strategies. Capital is deployed across multiple property types to capture mispriced opportunities while actively managing downside risk.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 11.98 |
| Target Net IRR | 16% |
| Primary Strategy | Real Estate Core-Plus |
| Main Property Type | Diversified |
| Sub-Sector Focus | Mixed Real Estate |
223. L’Organic Australia Wellness Resort Co-Investment Fund
📌 Manager: L’Organic Group
📍 Geographic Focus: Australia
🏗 Strategy: Value Added
🏢 Property Type: Hospitality
Fund Overview
L’Organic Australia Wellness Resort Co-Investment Fund is an ESG oriented hospitality development located in the Sunshine Coast hinterland, targeting sustainable wellness and retreat based tourism.
Strategy and Positioning
The fund focuses on facility upgrades, sustainable development initiatives, and expansion of wellness programs. Value creation is driven by enhancing operating performance and aligning the asset with growing demand for experiential and wellness driven travel.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 2.66 |
| Target Net IRR | 20% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Hotels |
| Sub-Sector Focus | Hospitality |
224. M&G Real Estate Debt Fund IX
📌 Manager: M&G Investments
📍 Geographic Focus: United Kingdom and Europe
🏗 Strategy: Real Estate Debt
🏢 Property Type: Diversified
Fund Overview
M&G Real Estate Debt Fund IX provides senior and junior loans secured against commercial real estate assets across the UK and Europe.
Strategy and Positioning
The fund focuses on capital preservation and income generation through conservative underwriting, diversified collateral, and strong sponsor selection. It benefits from structural protections and priority positioning within the capital stack.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 631.86 |
| Target Net IRR | 6% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
| Sub-Sector Focus | Commercial |
225. M&G Real Estate Debt Fund VIII
📌 Manager: M&G Investments
📍 Geographic Focus: United Kingdom and Europe
🏗 Strategy: Real Estate Debt
🏢 Property Type: Diversified
Fund Overview
M&G Real Estate Debt Fund VIII invests in junior loan positions secured against real estate assets across the UK and European markets.
Strategy and Positioning
The fund targets enhanced yield through subordinated lending while maintaining disciplined loan to value ratios and strong asset level covenants.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 635.42 |
| Target Net IRR | 9% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
| Sub-Sector Focus | Commercial |
226. MBU Regional Office and Industrial Fund
📌 Manager: MBU Capital
📍 Geographic Focus: United Kingdom
🏗 Strategy: Value Added
🏢 Property Type: Office
Fund Overview
MBU Regional Office and Industrial Fund invests in geographically diversified office and industrial assets across the United Kingdom.
Strategy and Positioning
The fund targets income producing assets with potential for leasing uplift, refurbishment, and operational improvement, focusing on regional markets with favorable supply demand dynamics.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 189.56 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Office |
| Sub-Sector Focus | Office, Industrial |
227. MIMCO Green Value
📌 Manager: MIMCO Capital
📍 Geographic Focus: France
🏗 Strategy: Value Added
🏢 Property Type: Industrial
Fund Overview
MIMCO Green Value targets obsolete or underperforming logistics and industrial assets across France, with a focus on ESG driven refurbishment and repositioning.
Strategy and Positioning
The fund invests in warehouses, cross docking facilities, data centers, and business parks requiring modernization. Value is created through sustainability upgrades, tenant repositioning, and improved asset efficiency.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 43.67 |
| Target Net IRR | 7% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Industrial |
| Sub-Sector Focus | Data Center, Warehouse / Distribution, Logistics |
228. MLG Private Fund VI
📌 Manager: MLG Capital
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
MLG Private Fund VI is a follow on vehicle investing in value added real estate opportunities across the United States.
Strategy and Positioning
The fund focuses on acquiring underperforming assets with operational inefficiencies and repositioning them through capital improvements, leasing strategies, and active asset management.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 400 |
| Target Net IRR | 11% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
| Sub-Sector Focus | Commercial, Multi-family, Apartment |
229. Mapletree Japan Investment Country Private Trust
📌 Manager: Mapletree Real Estate Advisors
📍 Geographic Focus: Japan
🏗 Strategy: Opportunistic
🏢 Property Type: Industrial
Fund Overview
Mapletree Japan Investment Country Private Trust focuses on value add and opportunistic logistics development projects across Japan.
Strategy and Positioning
The fund targets modern logistics facilities benefiting from e commerce growth, supply chain reconfiguration, and limited institutional grade stock in key Japanese markets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Closed |
| Fund Size (USD mn) | 321.41 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Industrial |
| Sub-Sector Focus | Logistics |
230. Mara Poling Total Return Fund II
📌 Manager: Mara Poling
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
Mara Poling Total Return Fund II is a closed ended real estate fund focused on the acquisition and long term management of Class A and Class B multi family residential assets across the United States.
Strategy and Positioning
The fund targets high quality workforce and suburban multifamily assets where operational efficiencies, expense management, and disciplined acquisition pricing can drive durable income and capital appreciation.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 20 |
| Target Net IRR | 18% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
| Sub-Sector Focus | Multi-family |
231. Maverick Lien Fund VII
📌 Manager: Maverick Real Estate Partners
📍 Geographic Focus: United States
🏗 Strategy: Real Estate Debt
🏢 Property Type: Diversified
Fund Overview
Maverick Lien Fund VII is a private real estate debt fund focused on acquiring commercial mortgages secured by real estate assets in New York City.
Strategy and Positioning
The fund specializes in distressed and transitional debt opportunities, leveraging the manager’s long standing presence and sourcing capabilities within the New York City commercial real estate market. Investments are structured to capture downside protection with upside optionality through resolution outcomes.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Closed |
| Fund Size (USD mn) | 232.4 |
| Target Net IRR | 18% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
| Sub-Sector Focus | Mixed Use, Multi-family, Office, Retail, Commercial |
232. Meeschaert Private Equity Real Estate Fund
📌 Manager: Meeschaert Asset Management
📍 Geographic Focus: France
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Meeschaert Private Equity Real Estate Fund focuses on value added non residential real estate opportunities in Paris and other major metropolitan markets across France.
Strategy and Positioning
The fund targets underutilized commercial assets requiring repositioning, refurbishment, or leasing optimization. Emphasis is placed on urban locations with strong long term demand fundamentals.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 76.38 |
| Target Net IRR | 20% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
| Sub-Sector Focus | Commercial |
233. Melford IV
📌 Manager: Melford Capital Advisers
📍 Geographic Focus: United Kingdom
🏗 Strategy: Core
🏢 Property Type: Diversified
Fund Overview
Melford IV is a private real estate fund investing in diversified income producing real estate assets across the United Kingdom.
Strategy and Positioning
The fund follows a core strategy focused on capital preservation and stable income generation through long leased, well located assets with strong tenant covenants.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 254.17 |
| Target Net IRR | 20% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Diversified |
| Sub-Sector Focus | Any |
234. Merit Hill Self-Storage V
📌 Manager: Merit Hill Capital
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Niche
Fund Overview
Merit Hill Self-Storage V is a closed ended, blind pool fund focused on value added self storage investments across the United States.
Strategy and Positioning
The fund targets underperforming and mismanaged self storage facilities where operational improvements, revenue management, and selective capital expenditure can materially enhance asset performance.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Second Close |
| Fund Size (USD mn) | 400 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Niche |
| Sub-Sector Focus | Self-Storage |
235. Michelson Multifamily Fund II
📌 Manager: The Michelson Organization
📍 Geographic Focus: United States
🏗 Strategy: Core-Plus
🏢 Property Type: Residential
Fund Overview
Michelson Multifamily Fund II is a closed ended real estate fund focused on the acquisition, repositioning, and long term ownership of multifamily assets across the United States.
Strategy and Positioning
The fund pursues a core plus approach, blending income stability with selective value creation through operational optimization and targeted capital improvements.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | First Close |
| Fund Size (USD mn) | 300 |
| Target Net IRR | 10% |
| Primary Strategy | Real Estate Core-Plus |
| Main Property Type | Residential |
| Sub-Sector Focus | Apartment, Multi-family |
236. Midloch Value Fund II
📌 Manager: Midloch Investment Partners
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Midloch Value Fund II invests in diversified real estate assets across the United States, targeting mispriced and underperforming properties.
Strategy and Positioning
The fund emphasizes hands on asset management, operational restructuring, and leasing strategies to unlock value across multiple property types.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 60 |
| Target Net IRR | 14% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
| Sub-Sector Focus | Retail, Industrial, Multi-family, Office, Commercial |
237. Mill Creek Multifamily Value Add Fund
📌 Manager: Mill Creek Residential
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
Mill Creek Multifamily Value Add Fund targets multifamily properties across the United States requiring repositioning or operational enhancement.
Strategy and Positioning
The fund focuses on opportunistic and value added acquisitions where renovation programs and professional management can significantly improve asset performance.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 155.6 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
| Sub-Sector Focus | Multi-family, Apartment |
238. Mindston Hotels Signature
📌 Manager: Mindston Capital
📍 Geographic Focus: France
🏗 Strategy: Value Added
🏢 Property Type: Hotels
Fund Overview
Mindston Hotels Signature focuses on the acquisition, repositioning, and active management of hotel assets along the Brittany coast of France.
Strategy and Positioning
The fund targets hospitality assets with repositioning potential, leveraging tourism demand and operational improvements to enhance returns.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 32.75 |
| Target Net IRR | 10% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Hotels |
| Sub-Sector Focus | Hotels |
239. Mindston Luxury Real Estate
📌 Manager: Mindston Capital
📍 Geographic Focus: France and Monaco
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
Mindston Luxury Real Estate focuses on luxury residential acquisitions and renovations across Paris, Geneva, Monaco, and the Côte d’Azur.
Strategy and Positioning
The fund targets high end residential assets with redevelopment or repositioning potential, emphasizing prime locations and bespoke asset management.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 66.26 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
| Sub-Sector Focus | Residential |
240. Mindston x Citizens Coliving
📌 Manager: Mindston Capital in partnership with Citizens Coliving
📍 Geographic Focus: France
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
Mindston x Citizens Coliving is a real estate fund focused on the acquisition, renovation, and energy efficient rehabilitation of residential assets across France. The strategy integrates sustainability and modern living concepts through coliving formats.
Strategy and Positioning
The fund targets underutilized residential properties suitable for repositioning into energy efficient, community oriented coliving assets. Value creation is driven by refurbishment, ESG aligned upgrades, and operational repositioning.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Closed |
| Fund Size (USD mn) | 7.5 |
| Target Net IRR | 10% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
| Sub-Sector Focus | Coliving, Residential |
241. Mitiska European Real Estate Partners III
📌 Manager: Mitiska REIM
📍 Geographic Focus: Europe
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Mitiska European Real Estate Partners III targets grocery anchored retail parks, last mile urban logistics, and multi let light industrial assets located in dense European urban infill markets.
Strategy and Positioning
The fund pursues value creation through repositioning, reconfiguration, retrofitting, and selective de risked development. Investments are executed via direct equity and structured financing strategies.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Second Close |
| Fund Size (USD mn) | 312.33 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
| Sub-Sector Focus | Retail, Industrial, Logistics, Self-Storage |
242. MoZaïC Sustainable Healthcare Fund
📌 Manager: MoZaïC Asset Management
📍 Geographic Focus: Europe
🏗 Strategy: Core-Plus
🏢 Property Type: Niche
Fund Overview
MoZaïC Sustainable Healthcare Fund is a core plus real estate fund focused on social and healthcare related assets across Europe.
Strategy and Positioning
The fund emphasizes long term income generation from healthcare real estate supported by demographic demand drivers, sustainability integration, and inflation linked lease structures.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Second Close |
| Fund Size (USD mn) | 208.22 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Core-Plus |
| Main Property Type | Niche |
| Sub-Sector Focus | Healthcare, Social Infrastructure |
243. Monta Capital Fund I
📌 Manager: Monta Capital
📍 Geographic Focus: United Kingdom
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Monta Capital Fund I focuses on UK private rented sector investments, with an emphasis on repurposing commercial buildings into residential assets, primarily in London and major regional cities.
Strategy and Positioning
The fund follows a time bound value added strategy, acquiring, developing, and stabilizing assets prior to exit. Projects typically involve conversion, mixed use repositioning, and residential intensification.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 379.11 |
| Target Net IRR | 16% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
| Sub-Sector Focus | Commercial, Mixed Use, Residential, Office, Hospitality, Retail |
244. Montecito Medical Physicians IV
📌 Manager: Montecito Medical Real Estate
📍 Geographic Focus: United States
🏗 Strategy: Core
🏢 Property Type: Niche
Fund Overview
Montecito Medical Physicians IV is a real estate fund focused on the acquisition and management of medical office and healthcare related properties across the United States.
Strategy and Positioning
The fund follows a core strategy emphasizing stable income, long duration leases, and mission critical healthcare tenants in established medical markets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 500 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Niche |
| Sub-Sector Focus | Medical, Healthcare |
245. Montgomery Street Partners GP Fund IV
📌 Manager: Montgomery Street Partners
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Operating Companies
Fund Overview
Montgomery Street Partners GP Fund IV focuses on programmatic GP co investments and platform investments in real estate operating companies across the United States.
Strategy and Positioning
The fund targets demographically driven niche residential sectors with fragmented ownership structures. Value creation is achieved through scaling platforms, governance alignment, and operational expansion.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Second Close |
| Fund Size (USD mn) | 400 |
| Target Net IRR | 18% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Operating Companies |
| Sub-Sector Focus | Residential Platforms |
246. Moorfield Real Estate Fund V
📌 Manager: Moorfield Group
📍 Geographic Focus: United Kingdom
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Moorfield Real Estate Fund V invests in diversified real estate assets across the United Kingdom, targeting underperforming properties with repositioning potential.
Strategy and Positioning
The fund focuses on opportunistic and value added strategies, including refurbishment, change of use, and active asset management across a broad range of property sectors.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 426.37 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
| Sub-Sector Focus | Residential, Logistics, Self-Storage, Healthcare, Student Housing |
247. NEF PWI (WFH) Fund
📌 Manager: National Equity Fund
📍 Geographic Focus: United States
🏗 Strategy: Core-Plus
🏢 Property Type: Diversified
Fund Overview
NEF PWI (WFH) Fund is a separately managed account targeting core plus real estate opportunities across the United States.
Strategy and Positioning
The fund emphasizes income stability with modest value enhancement through selective leasing, capital improvements, and portfolio optimization.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Closed |
| Fund Size (USD mn) | 100 |
| Target Net IRR | 9% |
| Primary Strategy | Real Estate Core-Plus |
| Main Property Type | Diversified |
| Sub-Sector Focus | Mixed Property Portfolio |
248. NEMI Fund V
📌 Manager: New Era Companies
📍 Geographic Focus: United States
🏗 Strategy: Real Estate Debt
🏢 Property Type: Niche
Fund Overview
NEMI Fund V focuses on preferred equity and mezzanine debt investments secured by medical and healthcare related real estate assets across the United States.
Strategy and Positioning
The fund targets capital constrained healthcare sponsors, structuring investments to achieve equity like returns with downside protection through senior capital positioning.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 25 |
| Target Net IRR | 18% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Niche |
| Sub-Sector Focus | Medical, Healthcare |
249. NREP Nordic Strategies Fund V
📌 Manager: NREP
📍 Geographic Focus: Nordic Region
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
NREP Nordic Strategies Fund V is a closed ended value added real estate fund targeting residential, care, logistics, and alternative assets across the Nordic region.
Strategy and Positioning
The fund focuses on large scale platform investments, operational optimization, and sustainability driven redevelopment across multiple living and logistics sectors.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 3,912.54 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
| Sub-Sector Focus | Residential, Student Housing, Senior Living, Logistics, Data Center |
250. National Equity Fund WFH I
📌 Manager: National Equity Fund
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
National Equity Fund WFH I is a real estate fund managed by National Equity Fund and based in Chicago. The fund seeks to make residential real estate investments across the United States, with a primary focus on workforce housing assets.
Strategy and Positioning
The fund targets value creation through a combination of operational improvements, selective capital enhancements, and market driven repositioning across multi family and apartment assets. The strategy incorporates elements of core plus and opportunistic investing where appropriate.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Closed |
| Fund Size (USD mn) | 122.5 |
| Target Net IRR | 11% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
| Sub-Sector Focus | Multi-family, Apartment |
251. The Nest Opportunity Fund
📌 Manager: The Nest
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Residential
Fund Overview
The Nest Opportunity Fund is an opportunity zone investment fund focused on residential real estate, primarily within single family and multi family asset classes located in select Midwestern U.S. cities.
Strategy and Positioning
The fund targets markets with stable employment, favorable demographics, and attractive rent to price ratios. Investment decisions emphasize disciplined acquisition pricing, local operating expertise, and collaboration with municipal partners where applicable.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 25 |
| Target Net IRR | 8% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Residential |
| Sub-Sector Focus | Multi-family, Single-Family |
252. Newmark Warrnambool Property Trust
📌 Manager: Newmark Capital
📍 Geographic Focus: Australia
🏗 Strategy: Core-Plus
🏢 Property Type: Retail
Fund Overview
Newmark Warrnambool Property Trust is a single asset real estate fund investing in a regional shopping center in Australia. The fund is structured with a medium term investment horizon and regular income distributions.
Strategy and Positioning
The strategy emphasizes stable income generation through conservative leverage, active asset management, and a defined exit strategy via asset divestment at fund maturity, subject to investor approval.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 20.38 |
| Target Net IRR | 11–15% |
| Primary Strategy | Real Estate Core-Plus |
| Main Property Type | Retail |
| Sub-Sector Focus | Shopping Center |
253. NexMetro Direct Access Fund 2024
📌 Manager: NexMetro Communities
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Residential
Fund Overview
NexMetro Direct Access Fund 2024 is a real estate fund focused on opportunistic investments in build to rent multi family communities located across high growth Sunbelt markets in the United States.
Strategy and Positioning
The fund targets ground up and early stage residential developments in markets benefiting from population inflows, employment growth, and housing supply constraints, with an emphasis on scalable community level execution.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 75 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Residential |
| Sub-Sector Focus | Multi-family, Build-to-Rent |
254. Next Impact Fund
📌 Manager: NEXT Generation Invest
📍 Geographic Focus: Germany
🏗 Strategy: Value Added
🏢 Property Type: Niche
Fund Overview
Next Impact Fund is a real estate fund investing in educational real estate assets across Germany. The fund is classified as an Article 9 fund under the EU Sustainable Finance Disclosure Regulation.
Strategy and Positioning
The fund focuses on socially impactful assets within the education sector, combining long term institutional demand with selective value creation through modernization, sustainability upgrades, and asset repositioning.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 1,091.78 |
| Target Net IRR | 6% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Niche |
| Sub-Sector Focus | Education |
255. Niam Nordic VIII
📌 Manager: Niam
📍 Geographic Focus: Nordics
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
Niam Nordic VIII is a euro denominated closed ended real estate fund targeting diversified property investments across Sweden, Finland, Norway, and Denmark.
Strategy and Positioning
The fund pursues opportunistic investments across multiple property types, leveraging Niam’s regional platform to capitalize on mispricing, asset repositioning, and cyclical dislocations within Nordic real estate markets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 879.4 |
| Target Net IRR | 14% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
| Sub-Sector Focus | Commercial, Industrial, Logistics, Residential, Retail |
256. Nordika IV
📌 Manager: Nordika
📍 Geographic Focus: Sweden
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Nordika IV focuses on special situations and impact oriented investments in real assets, spanning both direct and public market exposures across Europe.
Strategy and Positioning
The fund targets complex situations where operational transformation, sustainability initiatives, and capital restructuring can unlock value, with a flexible mandate across property types.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Closed |
| Fund Size (USD mn) | 250.51 |
| Target Net IRR | 18% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
| Sub-Sector Focus | Logistics, Industrial |
257. NorthPoint Industrial Fund VI
📌 Manager: NorthPoint Development
📍 Geographic Focus: United States
🏗 Strategy: Core
🏢 Property Type: Industrial
Fund Overview
NorthPoint Industrial Fund VI is a real estate fund investing in industrial and logistics assets across major U.S. distribution and consumption corridors.
Strategy and Positioning
The fund emphasizes stabilized industrial properties with strong tenant fundamentals, while retaining flexibility to pursue selective value enhancement opportunities within its portfolio.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 368.6 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Industrial |
| Sub-Sector Focus | Warehouse / Distribution |
258. Northlight Fund IV
📌 Manager: Northlight Capital Partners
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
Northlight Fund IV is a blind pool commingled fund targeting opportunistic investments, loan acquisitions, and distressed or bankruptcy related assets across the United States.
Strategy and Positioning
The fund employs a flexible capital structure approach, investing across debt and equity positions where pricing dislocations and complexity create asymmetric return opportunities.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Second Close |
| Fund Size (USD mn) | 300 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
| Sub-Sector Focus | Multi-family, Office, Hospitality, Industrial, Retail |
259. NOYACK Logistics Income (NLI)
📌 Manager: NOYACK
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Industrial
Fund Overview
NOYACK Logistics Income is a real estate investment trust focused on supply chain infrastructure assets, including micro fulfillment warehouses, healthcare facilities, and structured parking assets.
Strategy and Positioning
The fund targets income oriented real estate with inflation resilient characteristics, benefiting from long term e commerce and logistics demand drivers while providing tax efficient income streams.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | First Close |
| Fund Size (USD mn) | 100 |
| Target Net IRR | 18% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Industrial |
| Sub-Sector Focus | Logistics, Medical/Healthcare, Warehouse / Distribution |
260. ERES Europe II
📌 Manager: ERES
📍 Geographic Focus: Europe
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
ERES Europe II is a value added real estate fund focused on repositioning opportunities across a diversified range of property types throughout Europe. The fund’s primary investment markets include France, Germany, Italy, the Netherlands, Spain, and the United Kingdom, with selective exposure to secondary European locations.
Strategy and Positioning
The fund targets underperforming and transitional assets where value can be created through repositioning, refurbishment, tenant optimization, and selective capital expenditure programs across multiple property sectors.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Second Close |
| Fund Size (USD mn) | 312.33 |
| Target Net IRR | 11% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
| Sub-Sector Focus | Senior Home, Medical/Healthcare, Hotels, Logistics, Residential, Office, Education, Retail |
261. O’Connor Retail Fund II
📌 Manager: O’Connor Capital Partners
📍 Geographic Focus: United States
🏗 Strategy: Core
🏢 Property Type: Retail
Fund Overview
O’Connor Retail Fund II is a private real estate fund focused on retail investments across major U.S. property markets, targeting stabilized and income producing retail assets.
Strategy and Positioning
The fund employs a conservative investment approach emphasizing capital preservation, stable income, and selective value enhancement across core and core plus retail properties.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 500 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Retail |
| Sub-Sector Focus | Retail |
262. OCCI Real Estate Fund
📌 Manager: Oregon Community Capital
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
OCCI Real Estate Fund is an opportunity zone investment vehicle focused on development and redevelopment projects across the state of Oregon.
Strategy and Positioning
The fund targets ground up development and complex redevelopment opportunities within designated opportunity zones, emphasizing long term capital appreciation and tax advantaged structures.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 50 |
| Target Net IRR | 7.5% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
| Sub-Sector Focus | Mixed Use, Residential, Office, Industrial, Student Housing, Hospitality |
263. ONE Azora Exan Multifamily Fund I
📌 Manager: Azora Exan / One Real Estate Investment
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
ONE Azora Exan Multifamily Fund I is a value added real estate fund investing in multi family residential assets across the U.S. Sunbelt region.
Strategy and Positioning
The fund targets underperforming multi family properties where value can be created through renovation programs, operational improvements, and market driven rent growth.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Second Close |
| Fund Size (USD mn) | 200 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
| Sub-Sector Focus | Multi-family |
264. OREI Credit Fund III
📌 Manager: Ohana Real Estate Investors
📍 Geographic Focus: United States
🏗 Strategy: Debt
🏢 Property Type: Hotels
Fund Overview
OREI Credit Fund III is a real estate credit fund focused on debt investments secured by hotel properties across the United States.
Strategy and Positioning
The fund provides structured debt capital to hospitality assets, targeting attractive risk adjusted returns through senior and mezzanine lending positions within the hotel sector.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 750 |
| Target Net IRR | 11% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Hotels |
| Sub-Sector Focus | Hotels |
265. OZC – Southern US RE QOF
📌 Manager: OZC
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
OZC – Southern US RE QOF is an opportunity zone focused real estate fund targeting investments across southeastern and southwestern U.S. states, including Florida, Texas, and Arizona.
Strategy and Positioning
The fund concentrates on development and redevelopment projects within opportunity zones, emphasizing mixed use and residential driven projects with strong demographic and economic fundamentals.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 40 |
| Target Net IRR | 17% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
| Sub-Sector Focus | Mixed Use, Multi-family, Hospitality, Self-Storage |
266. Oaktree Real Estate Debt Fund IV
📌 Manager: Oaktree Capital Management
📍 Geographic Focus: Global
🏗 Strategy: Debt
🏢 Property Type: Diversified
Fund Overview
Oaktree Real Estate Debt Fund IV is a globally diversified real estate debt fund investing across the United States, Europe, and Asia Pacific markets.
Strategy and Positioning
The fund focuses on originating and acquiring performing real estate debt investments, emphasizing downside protection, geographic diversification, and strong collateral quality.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 3,500 |
| Target Net IRR | 11% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
| Sub-Sector Focus | Commercial, Residential |
267. Oaktree Real Estate Opportunities Fund IX
📌 Manager: Oaktree Capital Management
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
Oaktree Real Estate Opportunities Fund IX is a large scale opportunistic real estate fund focused on distressed and dislocated real estate opportunities across the United States.
Strategy and Positioning
The fund targets investments in real estate related debt, restructurings, and distress for control situations, seeking to capitalize on cyclical market downturns and capital market dislocations.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 6,000 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
| Sub-Sector Focus | Commercial, Office, Residential |
268. Octopus Affordable Housing Strategy
📌 Manager: Octopus Investments
📍 Geographic Focus: United Kingdom
🏗 Strategy: Core
🏢 Property Type: Residential
Fund Overview
Octopus Affordable Housing Strategy is a core real estate fund focused on investing in affordable housing assets across the United Kingdom.
Strategy and Positioning
The fund emphasizes long term income stability through investments in regulated and needs based housing, supported by government backed income structures and strong demographic demand.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 1,270.84 |
| Target Net IRR | 7% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Residential |
| Sub-Sector Focus | Affordable Housing, Apartments |
269. Ohana Equity Fund II
📌 Manager: Ohana Real Estate Investors
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Hotels
Fund Overview
Ohana Equity Fund II is a value oriented real estate fund focused on hospitality assets across the United States, including hotels and resort properties.
Strategy and Positioning
The fund pursues opportunistic and distressed hospitality investments where operational turnaround, capital reinvestment, and market recovery can drive value creation.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 486 |
| Target Net IRR | 16% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Hotels |
| Sub-Sector Focus | Hotels, Resorts |
270. Onehome BTR Affordable University Student Housing Fund
📌 Manager: Onehome
📍 Geographic Focus: Vietnam
🏗 Strategy: Opportunistic
🏢 Property Type: Residential
Fund Overview
Onehome BTR Affordable University Student Housing Fund is positioned to capitalize on the growing demand for sustainable and affordable student housing across Vietnam, driven by expanding university enrollment and urbanization trends.
Strategy and Positioning
The fund targets purpose built student housing developments, focusing on affordability, sustainability, and long term demographic driven demand within major Vietnamese university cities.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 50 |
| Target Net IRR | 25.8% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Residential |
| Sub-Sector Focus | Student Housing |
271. Onward Investors Value Fund III
📌 Manager: Onward Investors
📍 Geographic Focus: United States
🏗 Strategy: Core-Plus
🏢 Property Type: Diversified
Fund Overview
Onward Investors Value Fund III is the third fund in the Onward Investors series, targeting a diversified mix of commercial and residential properties across the United States.
Strategy and Positioning
The fund applies a flexible core plus strategy incorporating selective value creation, distressed opportunities, and opportunistic investments across multiple property sectors.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Closed |
| Fund Size (USD mn) | 125 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Core-Plus |
| Main Property Type | Diversified |
| Sub-Sector Focus | Commercial, Residential, Industrial, Office, Logistics |
272. Origin Growth Fund IV
📌 Manager: Origin Investments
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Residential
Fund Overview
Origin Growth Fund IV focuses on ground up multi family residential development projects across the Southeast and Southwest regions of the United States.
Strategy and Positioning
The fund targets high growth markets with favorable demographic trends, emphasizing development driven value creation and long term rental demand.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 170.3 |
| Target Net IRR | 14% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Residential |
| Sub-Sector Focus | Multi-family |
273. Origin Opportunity Zone Fund II
📌 Manager: Origin Investments
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Residential
Fund Overview
Origin Opportunity Zone Fund II is focused on multifamily investments located within Qualified Opportunity Zones across major U.S. growth markets.
Strategy and Positioning
The fund emphasizes tax advantaged opportunity zone structures combined with development and repositioning strategies in high growth metropolitan areas.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 315 |
| Target Net IRR | 10% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Residential |
| Sub-Sector Focus | Multi-family, Apartment, Mixed Use |
274. Origin Qualified Opportunity Zone Fund III
📌 Manager: Origin Investments
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Residential
Fund Overview
Origin Qualified Opportunity Zone Fund III targets the acquisition, development, and management of multifamily properties across designated Qualified Opportunity Zones in the United States.
Strategy and Positioning
The fund continues Origin’s opportunity zone strategy, combining development driven value creation with long term capital appreciation benefits.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Second Close |
| Fund Size (USD mn) | 300 |
| Target Net IRR | 10% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Residential |
| Sub-Sector Focus | Multi-family |
275. Origin Credit Advisers Multifamily Debt Fund
📌 Manager: Origin Credit Advisers
📍 Geographic Focus: United States
🏗 Strategy: Debt
🏢 Property Type: Residential
Fund Overview
This open ended and evergreen fund provides yield focused multifamily debt exposure through securitized and non securitized investments across the United States.
Strategy and Positioning
The fund emphasizes income generation and capital preservation through Freddie Mac securitizations, direct lending, mezzanine debt, and multifamily focused CRE CLOs.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Second Close |
| Fund Size (USD mn) | 500 |
| Target Net IRR | 9% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Residential |
| Sub-Sector Focus | Multi-family Debt |
276. Osae Real Estate Partners #2
📌 Manager: Osae Real Estate Partners
📍 Geographic Focus: France
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Osae Real Estate Partners #2 is a follow on fund focused on value added real estate investments across France.
Strategy and Positioning
The fund targets underperforming assets where repositioning, capital improvements, and market recovery can drive enhanced returns.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Closed |
| Fund Size (USD mn) | 118.45 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
| Sub-Sector Focus | Mixed Use, Residential, Commercial |
277. PAG Real Estate Partners III (PREP III)
📌 Manager: PAG
📍 Geographic Focus: Asia
🏗 Strategy: Core-Plus
🏢 Property Type: Diversified
Fund Overview
PAG Real Estate Partners III is a closed ended real estate fund targeting income producing assets across major gateway cities in Asia, with a focus on office and multifamily assets in Japan.
Strategy and Positioning
The fund emphasizes high quality stabilized assets with selective value enhancement opportunities across key Asian metropolitan markets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 1,800 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Core-Plus |
| Main Property Type | Diversified |
| Sub-Sector Focus | Office, Multi-family |
278. PATRIZIA Japan Residential 2
📌 Manager: PATRIZIA
📍 Geographic Focus: Japan
🏗 Strategy: Core-Plus
🏢 Property Type: Residential
Fund Overview
PATRIZIA Japan Residential 2 focuses on core plus and value add multifamily investments in Tokyo and other major Japanese metropolitan areas.
Strategy and Positioning
The fund targets stabilized residential assets with selective repositioning opportunities, benefiting from strong rental demand and institutional housing fundamentals in Japan.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 1,077.8 |
| Target Net IRR | 8% |
| Primary Strategy | Real Estate Core-Plus |
| Main Property Type | Residential |
| Sub-Sector Focus | Multi-family, Mixed Use |
279. PEG Capital Partners Fund IV
📌 Manager: PEG Companies
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Residential
Fund Overview
PEG Capital Partners Fund IV targets residential real estate investments across the western and southwestern United States, with a primary focus on high growth Sunbelt markets.
Strategy and Positioning
The fund emphasizes opportunistic acquisitions of single family and multi family assets where market growth, operational improvements, and scale can drive returns.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | First Close |
| Fund Size (USD mn) | 200 |
| Target Net IRR | 14% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Residential |
| Sub-Sector Focus | Single-Family, Multi-family |
280. Paine Lake Asia Fund
📌 Manager: Paine Lake
📍 Geographic Focus: Asia
🏗 Strategy: Value Added
🏢 Property Type: Hotels
Fund Overview
Paine Lake Asia Fund is a hospitality focused real estate fund targeting value added hotel and lodging assets across Japan, Thailand, and the Philippines.
Strategy and Positioning
The fund pursues repositioning and operational enhancement strategies within hospitality assets, capitalizing on tourism recovery, asset refurbishment, and selective conversion opportunities across key Asian travel markets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 500 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Hotels |
| Sub-Sector Focus | Hospitality, Hotels, Apartment, Student Housing |
281. European Senior Living and Hospitality Fund
📌 Manager: Undisclosed
📍 Geographic Focus: France
🏗 Strategy: Opportunistic
🏢 Property Type: Niche
Fund Overview
This fund focuses on senior living assets across France, with additional exposure to hotels, medical homes, and student residences.
Strategy and Positioning
The strategy emphasizes demographic driven demand within senior housing, complemented by selective opportunistic investments in adjacent living and healthcare related real estate segments.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 218.36 |
| Target Net IRR | 4% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Niche |
| Sub-Sector Focus | Medical and Healthcare, Senior Living, Student Housing, Hotels |
282. Parsons Real Estate Fund
📌 Manager: Parsons Villas
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
Parsons Real Estate Fund targets residential and vacation rental properties located in Scottsdale and Paradise Valley, Arizona.
Strategy and Positioning
The fund pursues value creation through renovation, repositioning, and operational optimization of single family residential and short term rental assets in high demand leisure markets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 30 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
| Sub-Sector Focus | Single-Family |
283. Pathfinder Multifamily Opportunity Fund IX
📌 Manager: Pathfinder Partners
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Residential
Fund Overview
Pathfinder Multifamily Opportunity Fund IX targets opportunistic and value added multifamily investments across the western and southwestern United States.
Strategy and Positioning
The fund focuses on high growth metropolitan areas including Denver, Phoenix, Southern California, Sacramento, and Seattle, with selective expansion into additional Sunbelt markets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | First Close |
| Fund Size (USD mn) | 100 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Residential |
| Sub-Sector Focus | Multi-family, Apartment |
284. Pathway 18 Unit Trust
📌 Manager: Properties and Pathways
📍 Geographic Focus: Australia
🏗 Strategy: Value Added
🏢 Property Type: Industrial
Fund Overview
Pathway 18 Unit Trust is a single asset real estate vehicle focused on an industrial property investment in Australia.
Strategy and Positioning
The fund applies a value added strategy centered on asset stabilization, lease optimization, and targeted capital improvements.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 6.76 |
| Target Net IRR | 6.44% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Industrial |
285. Pathway 21 Unit Trust
📌 Manager: Properties and Pathways
📍 Geographic Focus: Australia
🏗 Strategy: Value Added
🏢 Property Type: Office
Fund Overview
Pathway 21 Unit Trust is a single deal fund investing in a commercial office building within Australia.
Strategy and Positioning
The fund focuses on value creation through asset enhancement, tenant repositioning, and improved operational performance.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Closed |
| Fund Size (USD mn) | 21.38 |
| Target Net IRR | 20% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Office |
286. Pathway 22 Unit Trust
📌 Manager: Properties and Partners
📍 Geographic Focus: Australia
🏗 Strategy: Opportunistic
🏢 Property Type: Retail
Fund Overview
Pathway 22 Unit Trust is a single asset fund investing in an existing lot comprising medical and retail properties.
Strategy and Positioning
The fund adopts an opportunistic strategy, targeting repositioning opportunities and tenant optimization within mixed medical and retail assets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Closed |
| Fund Size (USD mn) | 4.75 |
| Target Net IRR | 7.18% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Retail |
287. Patron Capital Fund VII
📌 Manager: Patron Capital
📍 Geographic Focus: Europe
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
Patron Capital Fund VII targets diversified real estate investments across Europe, focusing on complex and distressed situations.
Strategy and Positioning
The fund emphasizes value creation through restructuring, repositioning, and capital deployment across multiple property sectors and European markets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Closed |
| Fund Size (USD mn) | 926.4 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
| Sub-Sector Focus | Industrial, Medical and Healthcare, Office, Residential, Senior Living, Retail |
288. Pennybacker VI
📌 Manager: Pennybacker Capital
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Pennybacker VI targets diversified real estate investments across the United States, continuing Pennybacker Capital’s value driven investment approach.
Strategy and Positioning
The fund focuses on distressed and mispriced assets where operational improvements and capital restructuring can drive enhanced returns.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 1,600 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
| Sub-Sector Focus | Multi-family, Residential, Industrial, Office, Retail, Senior Living |
289. Penwood Select Industrial Fund VII
📌 Manager: Penwood Real Estate Investment Management
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Industrial
Fund Overview
Penwood Select Industrial Fund VII focuses on value added industrial assets supporting the global gateway markets of Los Angeles and New York and New Jersey.
Strategy and Positioning
The fund emphasizes infill industrial properties with strong logistics demand, applying asset enhancement and lease optimization strategies.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Closed |
| Fund Size (USD mn) | 425 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Industrial |
| Sub-Sector Focus | Industrial, Warehouse and Distribution |
290. Pinnacle Partners Opportunity Zone Fund VIII, LP
📌 Manager: Pinnacle Partners
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Residential
Fund Overview
Pinnacle Partners Opportunity Zone Fund VIII, LP is a diversified real estate fund focused on multifamily and mixed use development projects located within designated Opportunity Zones across high growth U.S. markets.
Strategy and Positioning
The fund targets ground up development opportunities within Opportunity Zones, seeking to capture tax advantaged returns while building a diversified portfolio of residential oriented assets, including student housing and mixed use developments.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Closed |
| Fund Size (USD mn) | 120 |
| Target Net IRR | 10% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Residential |
| Sub-Sector Focus | Mixed Use, Multi-family, Student Housing |
291. Pluto Finance UK RE Debt Fund VIII
📌 Manager: Pluto Finance
📍 Geographic Focus: United Kingdom
🏗 Strategy: Real Estate Debt
🏢 Property Type: Residential
Fund Overview
Pluto Finance UK RE Debt Fund VIII provides development and bridge financing to small and mid sized real estate developers across the United Kingdom.
Strategy and Positioning
The fund focuses on senior and mezzanine lending opportunities secured against residential and commercial real estate, targeting capital preservation with predictable income generation.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Fourth Close |
| Fund Size (USD mn) | 361.52 |
| Target Net IRR | 9.5% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Residential |
| Sub-Sector Focus | Commercial, Residential |
292. Premico Residential Fund III
📌 Manager: Premico
📍 Geographic Focus: Finland
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
Premico Residential Fund III focuses on sustainable residential and apartment developments in Finland, primarily within the Helsinki capital region.
Strategy and Positioning
The fund targets new build residential assets with low carbon footprints and prime locations, aiming to develop approximately 1,700 apartments by 2025 through a core plus and value added approach.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 44.05 |
| Target Net IRR | 8% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
| Sub-Sector Focus | Apartment, Multi-family, Residential |
293. Preservation Equity Fund 3
📌 Manager: Preservation Equity Fund Advisors
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Affordable Housing
Fund Overview
Preservation Equity Fund 3 targets under managed affordable housing communities across the United States, serving residents earning between 30 percent and 60 percent of area median income.
Strategy and Positioning
The fund focuses on responsible value creation through operational improvements and selective capital expenditures while preserving affordability, protecting residents, and delivering measurable social impact.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 300 |
| Target Net IRR | 11% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Affordable Housing |
294. Prime Finance Long Duration III
📌 Manager: Prime Finance Partners
📍 Geographic Focus: United States
🏗 Strategy: Real Estate Debt
🏢 Property Type: Diversified
Fund Overview
Prime Finance Long Duration III invests in new issue and secondary CMBS B-Pieces backed by diversified commercial real estate collateral across the United States.
Strategy and Positioning
The fund targets higher yielding subordinate tranches within CMBS structures, leveraging asset level underwriting across multiple property types to achieve attractive risk adjusted returns.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 517 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
| Sub-Sector Focus | Office, Residential, Multi-family, Industrial, Hospitality, Retail, Medical and Healthcare, Self-Storage, Student Housing |
295. Principal European Data Centre Fund
📌 Manager: Principal Real Estate Europe
📍 Geographic Focus: Europe
🏗 Strategy: Core
🏢 Property Type: Industrial
Fund Overview
Principal European Data Centre Fund is a closed end real estate fund focused on acquiring stabilized and core plus data centre assets across key European markets.
Strategy and Positioning
The fund targets high quality digital infrastructure assets with long lease terms, strong tenant covenants, and exposure to structural data demand growth.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 325.39 |
| Target Net IRR | 9% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Industrial |
| Sub-Sector Focus | Data Center, Logistics |
296. Pro-invest Asia-Pacific Hospitality Opportunity Fund III
📌 Manager: Pro-invest Group
📍 Geographic Focus: Australasia and Asia
🏗 Strategy: Value Added
🏢 Property Type: Hotels
Fund Overview
Pro-invest Asia-Pacific Hospitality Opportunity Fund III is a private real estate vehicle focused on upscale and upper upscale hotel assets across Australia, New Zealand, and select Asian markets.
Strategy and Positioning
The fund applies a value added hospitality strategy through redevelopment, refurbishment, and active asset management, with flexibility to pursue distressed debt and equity opportunities while maintaining ESG and sustainability standards.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | First Close |
| Fund Size (USD mn) | 339.49 |
| Target Net IRR | 16% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Hotels |
| Sub-Sector Focus | Hotels |
297. Property 19 Unit Trust
📌 Manager: Properties and Partners
📍 Geographic Focus: Australia
🏗 Strategy: Core
🏢 Property Type: Retail
Fund Overview
Property 19 Unit Trust is a single asset real estate fund investing in a stabilized fitness center located in Australia.
Strategy and Positioning
The fund follows a core investment strategy focused on stable income generation from a single tenant retail asset.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 8.47 |
| Target Net IRR | 6.33% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Retail |
298. Purva Residential Excellence Fund I
📌 Manager: Puravankara Group
📍 Geographic Focus: India
🏗 Strategy: Core Plus
🏢 Property Type: Residential
Fund Overview
Purva Residential Excellence Fund I invests in affordable housing projects and plotted residential developments across India.
Strategy and Positioning
The fund targets stable residential demand segments, combining income visibility with moderate development risk in high growth urban and suburban locations.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 35.73 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Core Plus |
| Main Property Type | Residential |
| Sub-Sector Focus | Residential, Land |
299. Q-Living Multifamily Opportunities III
📌 Manager: Q-Living
📍 Geographic Focus: Spain
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
Q-Living Multifamily Opportunities III is a build to rent focused fund targeting vertically integrated rental housing developments across Madrid and other major Spanish cities.
Strategy and Positioning
The fund emphasizes design led development and operational efficiency to optimize long term rental performance, targeting value creation through asset scale and professional management.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 107.11 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
| Sub-Sector Focus | Residential, Multi-family |
300. RRA Real Estate Debt Fund III
📌 Manager: RRA Capital
📍 Geographic Focus: United States
🏗 Strategy: Real Estate Debt
🏢 Property Type: Diversified
Fund Overview
RRA Real Estate Debt Fund III invests in structured short term mortgage investments secured by transitional and distressed commercial real estate assets across the United States.
Strategy and Positioning
The fund focuses on senior and structured lending opportunities, emphasizing downside protection through conservative underwriting and asset level security.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Fourth Close |
| Fund Size (USD mn) | 400 |
| Target Net IRR | 11% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
| Sub-Sector Focus | Commercial, Hospitality, Industrial, Mixed Use, Multi-family, Office, Retail, Self-Storage |
301. RW Capital Pets Fund
📌 Manager: RW Capital
📍 Geographic Focus: Australia
🏗 Strategy: Value Added
🏢 Property Type: Niche
Fund Overview
RW Capital Pets Fund is a niche real estate investment vehicle focused on purpose built pet boarding and accommodation facilities across Australia.
Strategy and Positioning
The fund targets platform scale and operational growth within the premium pet care sector, benefiting from increasing pet ownership and demand for institutional quality facilities.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 26.65 |
| Target Net IRR | 20% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Niche |
| Sub-Sector Focus | Pet Boarding Facilities |
302. RXR High-Yield Real Estate Credit Fund
📌 Manager: RXR
📍 Geographic Focus: United States
🏗 Strategy: Value Added Credit
🏢 Property Type: Residential
Fund Overview
RXR High-Yield Real Estate Credit Fund provides high yield subordinate debt and structured equity solutions secured by rental housing and select commercial assets.
Strategy and Positioning
The fund targets complex lending opportunities with enhanced returns through structured capital stacks and sponsor driven execution.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 500 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
| Sub-Sector Focus | Residential, Industrial, Logistics, Self-Storage |
303. RXR US Real Estate Mega-Trends Fund
📌 Manager: RXR Realty
📍 Geographic Focus: United States
🏗 Strategy: Value Added and Opportunistic
🏢 Property Type: Diversified
Fund Overview
RXR US Real Estate Mega-Trends Fund invests in property types aligned with long term demographic, technological, and economic trends across major U.S. markets.
Strategy and Positioning
The fund pursues repositioning, adaptive reuse, and thematic sector exposure across diversified real estate assets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 1,000 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
| Sub-Sector Focus | Commercial, Multi-family, Industrial, Office |
304. Real Estate Alternative Investments Executive Fund III
📌 Manager: Wafra
📍 Geographic Focus: North America
🏗 Strategy: Core
🏢 Property Type: Diversified
Fund Overview
This fund focuses on alternative real estate assets and operating platforms across North America.
Strategy and Positioning
The strategy emphasizes stable income producing assets alongside long term value creation through platform investments.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Closed |
| Fund Size (USD mn) | 407.6 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Diversified |
| Sub-Sector Focus | Data Center, Industrial, Residential, Self-Storage, Student Housing |
305. Real Estate Lending Income Fund
📌 Manager: JB Capital
📍 Geographic Focus: United States
🏗 Strategy: Real Estate Debt
🏢 Property Type: Diversified
Fund Overview
The fund provides structured debt capital to professional real estate sponsors across major U.S. markets.
Strategy and Positioning
The focus is on income driven lending with strong collateral coverage and disciplined underwriting standards.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | First Close |
| Fund Size (USD mn) | 250 |
| Target Net IRR | 9% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
| Sub-Sector Focus | Industrial, Residential, Multi-family |
306. Real Estate Opportunities Fund IV
📌 Manager: CTC Wealth Management
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
The fund invests in value added residential real estate opportunities throughout the United States.
Strategy and Positioning
Execution centers on asset repositioning and operational improvement within multi-family portfolios.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 40.3 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
| Sub-Sector Focus | Multi-family |
307. Realty Income Trust
📌 Manager: Perpetual AMC
📍 Geographic Focus: India
🏗 Strategy: Core
🏢 Property Type: Diversified
Fund Overview
Realty Income Trust invests in stabilized income producing commercial real estate assets across India.
Strategy and Positioning
The fund follows a core strategy emphasizing predictable cash flows and long term tenant demand.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | First Close |
| Fund Size (USD mn) | 6.34 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Diversified |
| Sub-Sector Focus | Commercial |
308. Red Ribbon Phoenix Green Hotel Fund
📌 Manager: Red Ribbon Fund Management and Phoenix Asset Management
📍 Geographic Focus: United Kingdom
🏗 Strategy: Core
🏢 Property Type: Hotels
Fund Overview
The fund targets hospitality assets across the United Kingdom with an emphasis on sustainable operations and refurbishment.
Strategy and Positioning
Assets are repositioned to meet institutional quality standards with long term ownership in mind.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Announced |
| Fund Size (USD mn) | 321.33 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Hotels |
| Sub-Sector Focus | Hospitality |
309. Regency CSP Fund II
📌 Manager: Regency Properties
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Retail
Fund Overview
Regency CSP Fund II invests in neighborhood and community retail shopping centers across U.S. markets.
Strategy and Positioning
The fund focuses on leasing optimization, tenant mix enhancement, and targeted capital improvements.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | First Close |
| Fund Size (USD mn) | 50 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Retail |
| Sub-Sector Focus | Shopping Centers |
310. Regent Opportunity Fund V
📌 Manager: Regent Properties
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
Regent Opportunity Fund V is designed to capitalize on economic dislocation and real estate market cyclicality by investing in well located office, residential, and retail assets across the U.S. Sunbelt and West Coast regions.
Strategy and Positioning
The fund pursues opportunistic acquisitions, property repositioning, and structured capital investments, targeting a blend of current income and capital appreciation.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 175 |
| Target Net IRR | 20% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
| Sub-Sector Focus | Multi-family, Office, Retail |
311. Reliant Self Storage Fund V
📌 Manager: Reliant Real Estate Management
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Niche
Fund Overview
Reliant Self Storage Fund V focuses on the acquisition and development of self storage facilities across major and secondary U.S. markets.
Strategy and Positioning
The fund applies a value added strategy emphasizing operational improvement, expansion opportunities, and disciplined site selection.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | First Close |
| Fund Size (USD mn) | 100 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Niche |
| Sub-Sector Focus | Self-Storage |
312. Republic Fund II
📌 Manager: Republic Investment Group
📍 Geographic Focus: United States
🏗 Strategy: Core-Plus
🏢 Property Type: Residential
Fund Overview
Republic Fund II is a joint venture focused on the development of built to rent single-family and multifamily housing communities across the U.S. Sunbelt.
Strategy and Positioning
The fund combines development execution with long term rental fundamentals, targeting stabilized income with selective opportunistic upside.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 500 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Core-Plus |
| Main Property Type | Residential |
| Sub-Sector Focus | Single-Family, Multi-family |
313. Residential Land Partnership II
📌 Manager: Fiera Real Estate
📍 Geographic Focus: United Kingdom
🏗 Strategy: Value Added
🏢 Property Type: Land
Fund Overview
Residential Land Partnership II invests in land assets with residential planning potential, targeting entitlement driven value creation across the United Kingdom.
Strategy and Positioning
The fund focuses on repositioning land through the planning process to address structural housing supply constraints across multiple residential tenures.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 163.77 |
| Target Net IRR | 20% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Land |
| Sub-Sector Focus | Land, Residential |
314. Resmark Multifamily Development Fund III
📌 Manager: Resmark Companies
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Residential
Fund Overview
Resmark Multifamily Development Fund III targets suburban multifamily development projects in partnership with leading U.S. residential developers.
Strategy and Positioning
The fund emphasizes selective project underwriting, preferred access to development pipelines, and joint venture structures designed to mitigate construction and execution risk.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 500 |
| Target Net IRR | 14% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Residential |
| Sub-Sector Focus | Multi-family |
315. Revitate Cherry Tree Multifamily Fund I
📌 Manager: Revitate and Cherry Tree Capital Partners
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
Revitate Cherry Tree Multifamily Fund I invests in workforce housing and multifamily communities across Midwestern and Sunbelt U.S. markets.
Strategy and Positioning
The strategy centers on acquisition and repositioning through operational improvements, capital upgrades, and resident focused management.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 110 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
| Sub-Sector Focus | Multi-family |
316. Riaz Capital Ozone Fund III
📌 Manager: Riaz Capital
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Residential
Fund Overview
Riaz Capital Ozone Fund III targets residential development and repositioning opportunities aimed at addressing housing affordability challenges in the San Francisco Bay Area.
Strategy and Positioning
The fund focuses on housing solutions for essential professionals, combining opportunistic development with community oriented investment principles.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 122 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Residential |
| Sub-Sector Focus | Residential |
317. Rockpoint Real Estate Fund VII
📌 Manager: Rockpoint Group
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
Rockpoint Real Estate Fund VII invests in diversified opportunistic real estate assets across major U.S. markets.
Strategy and Positioning
The fund targets complex transactions and repositioning opportunities across residential, industrial, and select commercial sectors.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 2,700 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
| Sub-Sector Focus | Multi-family, Single-Family, Industrial, Office, Hotels |
318. Rockwood Capital Real Estate Partners Fund XII
📌 Manager: Rockwood Capital
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Rockwood Capital Real Estate Partners Fund XII targets value added investments across diversified U.S. real estate sectors.
Strategy and Positioning
The fund focuses on asset repositioning, capital structure optimization, and operational improvement initiatives.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 1,400 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
| Sub-Sector Focus | Diversified |
319. Rose Affordable Housing Preservation Fund VI
📌 Manager: Jonathan Rose Companies
📍 Geographic Focus: United States
🏗 Strategy: Core
🏢 Property Type: Residential
Fund Overview
Rose Affordable Housing Preservation Fund VI focuses on preserving and enhancing affordable housing in high demand urban U.S. markets.
Strategy and Positioning
The fund combines long term ownership with capital reinvestment strategies to maintain affordability while improving asset quality.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Fourth Close |
| Fund Size (USD mn) | 700 |
| Target Net IRR | 8% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Residential |
| Sub-Sector Focus | Apartment, Multi-family, Residential |
320. S2 Multifamily Value-Add Fund I
📌 Manager: S2 Capital
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
S2 Multifamily Value-Add Fund I is focused on the acquisition and repositioning of multifamily residential properties across major U.S. markets.
Strategy and Positioning
The fund pursues a value added strategy through operational improvements, capital enhancements, and market driven rent growth initiatives within stabilized apartment assets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 400 |
| Target Net IRR | 16% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
| Sub-Sector Focus | Multi-family, Apartment |
321. S2 Real Estate Fund II
📌 Manager: S2 Capital
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
S2 Real Estate Fund II targets residential real estate investments across the United States, building upon the firm’s established multifamily platform.
Strategy and Positioning
The fund applies a flexible value added approach incorporating distressed acquisitions, selective debt strategies, and opportunistic capital deployment.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Second Close |
| Fund Size (USD mn) | 600 |
| Target Net IRR | 16% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
| Sub-Sector Focus | Multi-family, Apartment |
322. S3 Real Estate Credit II
📌 Manager: S3 Capital
📍 Geographic Focus: United States
🏗 Strategy: Real Estate Debt
🏢 Property Type: Diversified
Fund Overview
S3 Real Estate Credit II provides construction and bridge financing solutions to commercial real estate sponsors primarily in New York City and other Eastern U.S. markets.
Strategy and Positioning
The fund focuses on short duration, senior secured lending opportunities with an emphasis on capital preservation and downside protection.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Closed |
| Fund Size (USD mn) | 350 |
| Target Net IRR | 11% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
| Sub-Sector Focus | Industrial, Land, Multi-family |
323. SCRE Florida Value Add Fund I
📌 Manager: Sinatra & Company Real Estate
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
SCRE Florida Value Add Fund I focuses on the acquisition and enhancement of multifamily and workforce housing assets across Florida.
Strategy and Positioning
The fund targets operational inefficiencies and physical upgrades to drive income growth in high population growth submarkets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Second Close |
| Fund Size (USD mn) | 100 |
| Target Net IRR | 18% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
| Sub-Sector Focus | Apartment, Multi-family |
324. SLF Value-Add I
📌 Manager: Senior Living Fund
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Niche
Fund Overview
SLF Value-Add I invests in senior housing properties across the United States with a focus on operational turnaround and repositioning opportunities.
Strategy and Positioning
The fund applies a value added strategy centered on improving occupancy, operational efficiency, and asset quality within senior living facilities.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Second Close |
| Fund Size (USD mn) | 25 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Niche |
| Sub-Sector Focus | Senior Home |
325. SLF Value-Add II
📌 Manager: Senior Living Fund
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Niche
Fund Overview
SLF Value-Add II continues the manager’s strategy of investing in senior housing properties requiring operational and capital improvement initiatives.
Strategy and Positioning
The fund targets stabilized income growth through disciplined asset management and selective capital deployment.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Second Close |
| Fund Size (USD mn) | 25 |
| Target Net IRR | 10.5% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Niche |
| Sub-Sector Focus | Senior Home |
326. SPG Industrial Fund I
📌 Manager: Southpeak Group
📍 Geographic Focus: United States
🏗 Strategy: Core-Plus
🏢 Property Type: Industrial
Fund Overview
SPG Industrial Fund I targets industrial properties in primary and high growth U.S. markets with constrained supply dynamics.
Strategy and Positioning
The fund emphasizes functional assets, infill locations, and smaller deal sizes to generate stable income with modest value creation potential.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | First Close |
| Fund Size (USD mn) | 20 |
| Target Net IRR | 11% |
| Primary Strategy | Real Estate Core-Plus |
| Main Property Type | Industrial |
| Sub-Sector Focus | Industrial, Flex, Warehouse / Distribution |
327. SQ Student Housing Partners I LP
📌 Manager: Student Quarters
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
SQ Student Housing Partners I LP is a closed-end fund focused exclusively on Class A student housing assets across major U.S. university markets.
Strategy and Positioning
The fund combines core-plus stability with value added execution through in-house acquisition, leasing, and operational capabilities.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Closed |
| Fund Size (USD mn) | 127 |
| Target Net IRR | 16% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
| Sub-Sector Focus | Student Housing |
328. SROA Capital Fund IX
📌 Manager: SROA Capital
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Niche
Fund Overview
SROA Capital Fund IX focuses on the acquisition and management of self-storage facilities across the United States.
Strategy and Positioning
The fund utilizes a hybrid core-plus and value added strategy emphasizing operational efficiency, revenue optimization, and selective expansion.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Second Close |
| Fund Size (USD mn) | 750 |
| Target Net IRR | 11% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Niche |
| Sub-Sector Focus | Self-Storage |
329. ST&T NNN Real Estate Fund I
📌 Manager: ST&T
📍 Geographic Focus: United States and Canada
🏗 Strategy: Core-Plus
🏢 Property Type: Diversified
Fund Overview
ST&T NNN Real Estate Fund I invests in high quality triple net leased commercial properties diversified across the United States and Canada.
Strategy and Positioning
The fund targets long duration income streams supported by strong tenant credit and lease structures with limited operational risk.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 200 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Core-Plus |
| Main Property Type | Diversified |
| Sub-Sector Focus | Commercial |
330. Sack Capital Partners Value Add Fund I
📌 Manager: Sack Capital Partners
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Sack Capital Partners Value Add Fund I is a real estate fund focused on acquiring and repositioning value added properties across the United States.
Strategy and Positioning
The fund targets underperforming or transitional assets where active asset management, capital improvements, and market repositioning can drive income growth and capital appreciation.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 300 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
| Sub-Sector Focus | Diversified |
331. Safe Harbor Equity Distressed CRE Debt Fund IV
📌 Manager: Safe Harbor Equity
📍 Geographic Focus: United States
🏗 Strategy: Real Estate Debt
🏢 Property Type: Diversified
Fund Overview
Safe Harbor Equity Distressed CRE Debt Fund IV focuses on distressed commercial real estate debt investments across the United States.
Strategy and Positioning
The fund targets first position loans secured by commercial real estate assets, emphasizing downside protection and enhanced returns through distressed entry points.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | First Close |
| Fund Size (USD mn) | 500 |
| Target Net IRR | 20% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
| Sub-Sector Focus | Industrial, Residential, Retail, Commercial, Hotels, Land, Medical/Healthcare, Mixed Use, Multi-family, Office |
332. SafeGuard Austria Logistics Fund
📌 Manager: SafeGuard (with Soini Assets)
📍 Geographic Focus: Austria
🏗 Strategy: Opportunistic
🏢 Property Type: Industrial
Fund Overview
SafeGuard Austria Logistics Fund invests in logistics and industrial real estate assets across Austria.
Strategy and Positioning
The fund targets opportunistic acquisitions within supply constrained logistics markets, seeking value creation through leasing, repositioning, and market growth dynamics.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 109.18 |
| Target Net IRR | 20% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Industrial |
| Sub-Sector Focus | Logistics |
333. Safeguard Global Wellness Retreat Fund
📌 Manager: Safeguard
📍 Geographic Focus: Multi-Regional
🏗 Strategy: Value Added
🏢 Property Type: Hotels
Fund Overview
The Safeguard Global Wellness Retreat Fund invests in the expansion of premium wellness resort destinations across Europe, Asia, the Middle East, and other high growth regions.
Strategy and Positioning
The fund focuses on brand led hospitality expansion, leveraging experiential travel demand and value creation through development, repositioning, and operational excellence.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 150 |
| Target Net IRR | 18% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Hotels |
| Sub-Sector Focus | Hotels, Hospitality |
334. Sage Equity Partners Colonnade
📌 Manager: Sage Equity Partners
📍 Geographic Focus: United States
🏗 Strategy: Core
🏢 Property Type: Hotels
Fund Overview
Sage Equity Partners Colonnade is a real estate fund focused on hotel investments across the United States.
Strategy and Positioning
The fund employs a flexible core strategy, combining stabilized income generation with selective debt and opportunistic components to enhance total returns.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Closed |
| Fund Size (USD mn) | 1.7 |
| Target Net IRR | 17% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Hotels |
| Sub-Sector Focus | Hotels |
335. Sage Equity Partners Galveston
📌 Manager: Sage Equity Partners
📍 Geographic Focus: United States
🏗 Strategy: Core
🏢 Property Type: Diversified
Fund Overview
Sage Equity Partners Galveston targets diversified real estate investments across the southwestern United States, with a primary focus on Texas.
Strategy and Positioning
The fund applies a core oriented strategy supplemented by opportunistic and debt investments to capture regional growth and income stability.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Closed |
| Fund Size (USD mn) | 2.8 |
| Target Net IRR | 16% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Diversified |
| Sub-Sector Focus | Diversified |
336. Sage Equity Partners Heights Retail
📌 Manager: Sage Equity Partners
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Retail
Fund Overview
Sage Equity Partners Heights Retail targets retail real estate assets across the southwestern United States, with a primary focus on Houston, Texas.
Strategy and Positioning
The fund pursues opportunistic acquisitions of retail properties with repositioning potential and strong local demand drivers.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Closed |
| Fund Size (USD mn) | 4.9 |
| Target Net IRR | 22% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Retail |
| Sub-Sector Focus | Retail |
337. Sallee Income Fund I
📌 Manager: Sallee Capital Management
📍 Geographic Focus: United States
🏗 Strategy: Core
🏢 Property Type: Residential
Fund Overview
Sallee Income Fund I invests in stabilized build for rent residential communities in the Kansas City metropolitan area.
Strategy and Positioning
The fund targets durable income generation through professionally developed and managed single family rental communities.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | First Close |
| Fund Size (USD mn) | 25 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Residential |
| Sub-Sector Focus | Single-Family, Residential |
338. Sarofim/Wood Partners Development Fund LP
📌 Manager: Sarofim Realty Advisors
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
Sarofim/Wood Partners Development Fund LP focuses on opportunistic real estate development investments across the United States.
Strategy and Positioning
The fund benefits from pre negotiated joint venture terms and preferential access to Wood Partners’ development pipeline, providing early stage exposure to high quality residential and mixed use projects.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 127 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
| Sub-Sector Focus | Commercial |
339. Scape BTR Joint Venture Fund
📌 Manager: Scape
📍 Geographic Focus: Australia
🏗 Strategy: Core
🏢 Property Type: Niche
Fund Overview
Scape BTR Joint Venture Fund is an open ended real estate vehicle investing in build to rent residential assets across Australia.
Strategy and Positioning
The fund targets stabilized rental income supported by long term demographic demand and institutional grade residential management.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 999.22 |
| Target Net IRR | 11% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Niche |
| Sub-Sector Focus | Multi-family |
340. Schroders Capital Real Estate Asia IV
📌 Manager: Schroders Capital
📍 Geographic Focus: Asia and Australia
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Schroders Capital Real Estate Asia IV is a regional real estate fund focused on value added investment opportunities across Asia and Australia, targeting assets with repositioning and enhancement potential.
Strategy and Positioning
The fund pursues active asset management strategies to unlock value across a diversified real estate portfolio, leveraging Schroders Capital’s regional platform and local operating partners.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 750 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
| Sub-Sector Focus | Diversified |
341. Scott McGillivray Real Estate Fund I
📌 Manager: McGillivray Capital Partners
📍 Geographic Focus: Canada
🏗 Strategy: Opportunistic
🏢 Property Type: Residential
Fund Overview
Scott McGillivray Real Estate Fund I is an opportunistic real estate fund focused on residential investments across Canada, targeting mispriced and underutilized housing assets.
Strategy and Positioning
The fund emphasizes opportunistic acquisition and redevelopment strategies to capture value through renovation, repositioning, and market timing advantages.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 10.71 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Residential |
| Sub-Sector Focus | Condominium, Single-Family |
- Scott McGillivray Real Estate Fund II
📌 Manager: McGillivray Capital Partners
📍 Geographic Focus: Canada
🏗 Strategy: Opportunistic
🏢 Property Type: Residential
Fund Overview
Scott McGillivray Real Estate Fund II builds on the strategy of Fund I, continuing to pursue opportunistic residential real estate investments across Canadian markets.
Strategy and Positioning
The fund targets value creation through selective acquisitions, redevelopment initiatives, and capital structure optimization in residential assets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 37.77 |
| Target Net IRR | 20% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Residential |
| Sub-Sector Focus | Condominium, Single-Family |
- Scout Fund III
📌 Manager: Hawkeye
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Scout Fund III is a real estate private equity vehicle designed to support emerging and next generation real estate investment managers across the United States.
Strategy and Positioning
The fund facilitates institutional partnerships by allocating capital to value added real estate strategies managed by new and developing sponsors.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 850 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
| Sub-Sector Focus | Any |
- Seminole Real Estate Fund II
📌 Manager: Seminole Real Estate
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
Seminole Real Estate Fund II partners with developers and operators to invest in new construction and rehabilitation of multifamily assets in tertiary U.S. markets.
Strategy and Positioning
The fund focuses on value creation through development, renovation, and operational improvements in high growth but underserved residential markets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 100 |
| Target Net IRR | 14% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
| Sub-Sector Focus | Apartment, Student Housing, Senior Home, Multi-family |
- Sentinel Opportunity Fund I
📌 Manager: Sentinel Net Lease
📍 Geographic Focus: United States
🏗 Strategy: Core
🏢 Property Type: Diversified
Fund Overview
Sentinel Opportunity Fund I is a core real estate fund focused on acquiring stabilized income producing properties across the United States.
Strategy and Positioning
The fund targets long duration cash flow through high quality net lease assets in retail, industrial, and office sectors.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 100 |
| Target Net IRR | 16% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Diversified |
| Sub-Sector Focus | Office, Retail, Industrial, Commercial |
- Shivalik AIF
📌 Manager: Shivalik Group
📍 Geographic Focus: India
🏗 Strategy: Core
🏢 Property Type: Diversified
Fund Overview
Shivalik AIF is an alternative investment fund focused on real estate development projects across India, with an emphasis on premium residential and commercial assets.
Strategy and Positioning
The fund targets core and selective value creation opportunities within high demand urban markets through disciplined development execution.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 36.14 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Diversified |
| Sub-Sector Focus | Diversified |
- Silverpeak NRE FundCo 3
📌 Manager: Silverpeak
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Silverpeak NRE FundCo 3 is a separately managed real estate account investing in value added and opportunistic opportunities across North America.
Strategy and Positioning
The fund focuses on sector rotation and asset repositioning across industrial, student housing, multifamily, and retail assets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 111 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
| Sub-Sector Focus | Industrial, Student Housing, Multi-family, Retail |
- Slingshot Retail
📌 Manager: Slingshot
📍 Geographic Focus: Europe
🏗 Strategy: Opportunistic
🏢 Property Type: Retail
Fund Overview
Slingshot Retail is a closed ended real estate fund focused on opportunistic retail real estate equity and debt investments across Europe.
Strategy and Positioning
The fund emphasizes acquisition, repositioning, and active asset management to drive value creation in mispriced retail and mixed use assets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 128.53 |
| Target Net IRR | 22% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Retail |
| Sub-Sector Focus | Any, Retail, Commercial, Shopping Center |
- Slättö Value Add II
📌 Manager: Slättö
📍 Geographic Focus: Nordic Region
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Slättö Value Add II is a Nordic focused real estate fund pursuing opportunistic value add investments across logistics, light industrial, and residential assets.
Strategy and Positioning
The fund applies a thematic investment approach emphasizing structural demand drivers and operational improvements in select Nordic markets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 327.18 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
| Sub-Sector Focus | Residential, Logistics, Warehouse / Distribution, Mixed Use, Industrial |
- Smart Estate 2
📌 Manager: Edmond de Rothschild Real Estate
📍 Geographic Focus: Europe
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Smart Estate 2 is a pan European, multi sector closed end real estate fund investing in modern residential, green offices, and logistics assets using a manage to core value creation strategy.
Strategy and Positioning
The fund applies active asset management to reposition existing assets into innovative properties with strong environmental and social impact characteristics.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | First Close |
| Fund Size (USD mn) | 156.17 |
| Target Net IRR | 8% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
| Sub-Sector Focus | Logistics, Office, Residential, Industrial |
- Sorted Capital Fund I
📌 Manager: Sorted Capital
📍 Geographic Focus: United States
🏗 Strategy: Core
🏢 Property Type: Diversified
Fund Overview
Sorted Capital Fund I focuses on office, flex, industrial, and multifamily assets using sale and leaseback and selective value added strategies.
Strategy and Positioning
The fund targets income stability and downside protection through long term leases while selectively enhancing value through asset level improvements.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 20 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Diversified |
| Sub-Sector Focus | Flex, Office, Industrial, Multi-family |
- Southern Europe Hospitality Strategy
📌 Manager: Stoneweg Asset Management
📍 Geographic Focus: Southern Europe
🏗 Strategy: Value Added
🏢 Property Type: Hospitality
Fund Overview
The Southern Europe Hospitality Strategy aims to build a portfolio of prime hotel assets across Spain, Portugal, Italy, and Greece.
Strategy and Positioning
The fund targets underperforming hotels and development opportunities, executing repositioning strategies supported by active asset management and capital expenditure programs.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 327.53 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Hospitality |
| Sub-Sector Focus | Hotels |
- Southernwood Residential II
📌 Manager: Southernwood Capital
📍 Geographic Focus: United Kingdom
🏗 Strategy: Opportunistic
🏢 Property Type: Residential
Fund Overview
Southernwood Residential II is a private rented sector fund focused on multi unit apartment assets across the United Kingdom.
Strategy and Positioning
The fund targets value creation through opportunistic acquisition, refurbishment, and professional rental management.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | First Close |
| Fund Size (USD mn) | 24.1 |
| Target Net IRR | 14% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Residential |
| Sub-Sector Focus | Apartment, Multi-family |
- Spartan Storage Debt Fund
📌 Manager: Spartan Investment Group
📍 Geographic Focus: United States
🏗 Strategy: Debt
🏢 Property Type: Niche
Fund Overview
Spartan Storage Debt Fund provides financing solutions to self storage projects across key U.S. markets.
Strategy and Positioning
The fund focuses on debt investments supporting development, expansion, and operational improvements of institutional quality self storage assets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 60 |
| Target Net IRR | 8% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Niche |
| Sub-Sector Focus | Self-Storage |
- Starwood Distressed Opportunity Fund XIII
📌 Manager: Starwood Capital Group
📍 Geographic Focus: Global
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
Starwood Distressed Opportunity Fund XIII is a large scale opportunistic vehicle focused on distressed real estate investments globally.
Strategy and Positioning
The fund targets dislocated debt and equity opportunities across multiple property sectors arising from market stress and capital shortages.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 10,000 |
| Target Net IRR | 14% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
| Sub-Sector Focus | Residential, Industrial, Hospitality, Office, Data Center |
- Starz Zenith Capital
📌 Manager: Starz Real Estate
📍 Geographic Focus: Europe and United Kingdom
🏗 Strategy: Debt
🏢 Property Type: Diversified
Fund Overview
Starz Zenith Capital provides senior and mezzanine financing for high quality commercial real estate assets across the Eurozone and the UK.
Strategy and Positioning
The fund focuses on value added lending opportunities with strong collateral protection and experienced sponsorship.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 963.98 |
| Target Net IRR | 10% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
| Sub-Sector Focus | Commercial |
- Sterling Value Add Partners IV
📌 Manager: Sterling Organization
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Retail
Fund Overview
Sterling Value Add Partners IV focuses on retail and mixed use real estate investments across the United States.
Strategy and Positioning
The fund targets underperforming assets where leasing, repositioning, and tenant remerchandising can drive NOI growth.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Closed |
| Fund Size (USD mn) | 600 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Retail |
| Sub-Sector Focus | Retail, Mixed Use, Shopping Center |
- StoneRiver Investment Fund III
📌 Manager: StoneRiver Company
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
StoneRiver Investment Fund III invests in garden style multifamily properties across the Southeastern United States.
Strategy and Positioning
The fund employs a flexible approach incorporating value add, core plus, and selective development strategies to capitalize on regional pricing dislocations.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 200 |
| Target Net IRR | 10.02% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
| Sub-Sector Focus | Apartment, Multi-family |
- Stonelake Opportunity Partners VII
📌 Manager: Stonelake Capital Partners
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
Stonelake Opportunity Partners VII targets diversified opportunistic real estate investments across U.S. markets.
Strategy and Positioning
The fund focuses on acquiring assets with pricing inefficiencies and executing repositioning strategies across industrial, mixed use, and office properties.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 746 |
| Target Net IRR | 20% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
| Sub-Sector Focus | Industrial, Mixed Use, Multi-family, Office, Warehouse / Distribution |
360. Stoneshield Fund III
📌 Manager: Stoneshield Capital
📍 Geographic Focus: Southern Europe
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
Stoneshield Fund III is a closed ended real estate fund targeting investments in real estate assets, corporate real estate platforms, and nonperforming loans in opportunistic and distressed situations across Southern Europe.
Strategy and Positioning
The fund deploys €10 to €30 million per individual property and €50 to €200 million at the platform level, focusing on complex capital structures and situations requiring active restructuring and asset repositioning.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Closed |
| Fund Size (USD mn) | 807.75 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
| Sub-Sector Focus | Data Center, Residential, Industrial, Logistics, Self-Storage |
361. Stoneweg Development Fund
📌 Manager: Stoneweg Asset Management
📍 Geographic Focus: United States
🏗 Strategy: Core
🏢 Property Type: Residential
Fund Overview
Stoneweg Development Fund invests in entitled land and ground up development of workforce focused, sustainable residential communities across high growth regions of the United States.
Strategy and Positioning
The fund targets demographic driven markets with strong population and wage growth, emphasizing efficient design, sustainability, and long term residential demand.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Second Close |
| Fund Size (USD mn) | 25 |
| Target Net IRR | 18% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Residential |
| Sub-Sector Focus | Multi-family, Apartment |
362. Sunstone Income Apartments V
📌 Manager: Sunstone Properties Trust
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
Sunstone Income Apartments V is a private real estate fund focused on acquiring and repositioning multifamily assets primarily in Texas and Florida.
Strategy and Positioning
The fund combines income generation with selective value creation through operational improvements, capital upgrades, and market driven rent growth.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Second Close |
| Fund Size (USD mn) | 50 |
| Target Net IRR | 20% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
| Sub-Sector Focus | Apartment |
363. Swiss Life REF ESG Nordic 2022
📌 Manager: Swiss Life Asset Managers
📍 Geographic Focus: Nordics
🏗 Strategy: Core Plus
🏢 Property Type: Diversified
Fund Overview
Swiss Life REF ESG Nordic 2022 is an ESG focused real estate fund investing primarily in logistics assets across Nordic countries.
Strategy and Positioning
The fund seeks downside protected, long term investments with semi annual distributions, emphasizing sustainability and stable cash flow generation.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 206.51 |
| Target Net IRR | 8% |
| Primary Strategy | Real Estate Core Plus |
| Main Property Type | Diversified |
| Sub-Sector Focus | Industrial, Logistics, Office, Retail, Warehouse / Distribution |
364. TA Realty Value-Add Fund XIII
📌 Manager: TA Realty
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
TA Realty Value-Add Fund XIII is part of the firm’s flagship value added series targeting institutional quality real estate assets in major U.S. markets.
Strategy and Positioning
The fund focuses on acquiring underperforming industrial, office, multifamily, and retail assets where operational and leasing initiatives can enhance value.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 1,770 |
| Target Net IRR | 10% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
| Sub-Sector Focus | Industrial, Office, Residential, Multi-family, Shopping Center, Apartment, Retail |
365. TCI Real Estate Partners Fund IV
📌 Manager: TCI Real Estate Partners
📍 Geographic Focus: United States and Western Europe
🏗 Strategy: Debt
🏢 Property Type: Diversified
Fund Overview
TCI Real Estate Partners Fund IV provides real estate backed debt capital for diversified property types across the U.S. and Western Europe.
Strategy and Positioning
The fund focuses on income generating senior and mezzanine lending opportunities with capital preservation as a primary objective.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Second Close |
| Fund Size (USD mn) | 2,000 |
| Target Net IRR | 9% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
| Sub-Sector Focus | Commercial, Hotels, Residential |
366. TMG Sunbelt Multifamily Development Look-Through Fund
📌 Manager: TMG Partners
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
TMG Sunbelt Multifamily Development Look-Through Fund invests in multifamily development projects across high growth Sunbelt markets.
Strategy and Positioning
The fund targets value creation through ground up development in supply constrained regions with strong population inflows.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 185 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
| Sub-Sector Focus | Multi-family |
367. Terra Public Tenants
📌 Manager: Terra Kapitalverwaltung
📍 Geographic Focus: Germany
🏗 Strategy: Core
🏢 Property Type: Diversified
Fund Overview
Terra Public Tenants invests in public sector backed real estate assets including schools, offices, and cultural facilities across Germany.
Strategy and Positioning
The fund emphasizes long term lease stability supported by public tenants, providing defensive income oriented returns.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 214.22 |
| Target Net IRR | 5% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Diversified |
| Sub-Sector Focus | Office, Education |
368. Tetris Australian Community Housing
📌 Manager: Tetris Capital
📍 Geographic Focus: Australia
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
Tetris Australian Community Housing partners with institutional investors to develop and operate social and affordable housing assets across Australia.
Strategy and Positioning
The fund targets stable, government supported cash flows while addressing structural housing shortages through community focused development.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 333.71 |
| Target Net IRR | 14% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
| Sub-Sector Focus | Apartment, Multi-family, Condominium, Residential, Single-Family |
369. Texas Triangle Impact Fund
📌 Manager: K8H Ventures
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Residential
Fund Overview
Texas Triangle Impact Fund focuses on the development of manufactured housing communities within the Texas Triangle region.
Strategy and Positioning
The fund targets affordable housing demand through scalable single family subdivisions supported by strong regional population growth.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 50 |
| Target Net IRR | 20% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Residential |
| Sub-Sector Focus | Single-Family |
370. Freddie Mac K-Series B-Piece Debt Fund
📌 Manager: Not Disclosed
📍 Geographic Focus: United States
🏗 Strategy: Debt
🏢 Property Type: Residential
Fund Overview
This fund was formed to achieve attractive risk adjusted returns and preserve investor capital by investing in subordinated tranches of multifamily mortgage loan pools issued by Freddie Mac, commonly referred to as K-Series and K-J Series B-Pieces.
Strategy and Positioning
The fund invests in five, seven, and ten year fixed rate loans, supplemental loans, and may selectively acquire interest only strips. The strategy focuses on structured credit exposure to agency backed multifamily housing.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 250 |
| Target Net IRR | 7.5% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Residential |
| Sub-Sector Focus | Apartment, Multi-family |
371. The Gray Fund
📌 Manager: Gray Capital
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
The Gray Fund is a private real estate vehicle focused on the acquisition and management of multifamily and apartment properties across the Midwestern United States.
Strategy and Positioning
The fund pursues income generation with incremental value creation through operational efficiencies, selective capital improvements, and disciplined asset management.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 100 |
| Target Net IRR | 18% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
| Sub-Sector Focus | Multi-family, Apartment |
372. Tikehau Real Estate Opportunities II
📌 Manager: Tikehau Capital
📍 Geographic Focus: Europe
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Tikehau Real Estate Opportunities II targets value added investments across all major real estate asset classes throughout Europe.
Strategy and Positioning
The fund invests both directly and through debt instruments, focusing on repositioning assets through active management across office, residential, logistics, industrial, healthcare, and hospitality sectors.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 1,091.78 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
| Sub-Sector Focus | Multi-sector |
373. Timbercreek Real Estate Finance Ireland II
📌 Manager: Timbercreek Capital
📍 Geographic Focus: Ireland
🏗 Strategy: Debt
🏢 Property Type: Diversified
Fund Overview
Timbercreek Real Estate Finance Ireland II provides real estate backed financing solutions for properties across Ireland.
Strategy and Positioning
The fund emphasizes capital preservation and income generation through senior and structured lending secured by diversified real estate assets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 218.36 |
| Target Net IRR | 10% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
| Sub-Sector Focus | Apartment, Commercial, Hotels, Multi-family, Office, Retail, Senior Home |
374. Torchlight Debt Fund VIII
📌 Manager: Torchlight Investors
📍 Geographic Focus: United States
🏗 Strategy: Debt
🏢 Property Type: Diversified
Fund Overview
Torchlight Debt Fund VIII focuses on diversified real estate debt investments across the United States.
Strategy and Positioning
The fund targets income oriented lending opportunities secured by institutional quality assets, combining downside protection with selective value enhancement.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Third Close |
| Fund Size (USD mn) | 2,000 |
| Target Net IRR | 10% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
| Sub-Sector Focus | Hotels, Multi-family, Industrial, Office, Retail, Apartment, Commercial |
375. Townsend Mertz Fund II
📌 Manager: Townsend Mertz
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
Townsend Mertz Fund II focuses on mixed use and diversified real estate developments in secondary and tertiary U.S. markets.
Strategy and Positioning
The fund combines opportunistic acquisitions with development and repositioning strategies across a broad range of property types.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | First Close |
| Fund Size (USD mn) | 15 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
| Sub-Sector Focus | Mixed Use, Residential, Commercial, Hospitality, Industrial |
376. TradeLane Properties Fund III
📌 Manager: TradeLane Properties
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Industrial
Fund Overview
TradeLane Properties Fund III invests in industrial real estate across the Midwest, Southwest, and Southeast United States.
Strategy and Positioning
The fund targets value creation through operational improvements, lease up strategies, and selective capital expenditures in logistics focused markets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 500 |
| Target Net IRR | 11% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Industrial |
| Sub-Sector Focus | Industrial |
377. TOF VIII (Trez Capital Opportunity Fund VIII)
📌 Manager: Trez Capital
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Residential
Fund Overview
TOF VIII focuses on residential land development opportunities supporting U.S. homebuilders adopting land light business models.
Strategy and Positioning
The fund invests in finished lot development through joint ventures, leveraging strong housing demand and long standing developer relationships.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 45 |
| Target Net IRR | 17% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Residential |
| Sub-Sector Focus | Single-Family, Land Development |
378. Trion Multifamily Opportunity Fund IV
📌 Manager: Trion Properties
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
Trion Multifamily Opportunity Fund IV focuses on the acquisition and management of multifamily apartment communities in high growth U.S. markets.
Strategy and Positioning
The fund executes operational improvements, unit renovations, and expense optimization to drive income growth and capital appreciation.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 100 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
| Sub-Sector Focus | Multi-family |
379. Trueline Capital Fund II
📌 Manager: Trueline Capital
📍 Geographic Focus: United States
🏗 Strategy: Debt
🏢 Property Type: Diversified
Fund Overview
Trueline Capital Fund II provides construction and development financing for residential and commercial projects in the Pacific Northwest.
Strategy and Positioning
The fund focuses on senior secured lending for projects in various stages of completion, emphasizing capital protection and consistent income.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 50 |
| Target Net IRR | 9% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
| Sub-Sector Focus | Multi-family, Single-Family, Land, Land Development, Residential, Student Housing |
380. Trueline Capital Fund III
📌 Manager: Trueline Capital
📍 Geographic Focus: United States
🏗 Strategy: Debt
🏢 Property Type: Diversified
Fund Overview
Trueline Capital Fund III is a real estate debt fund focused on short-term bridge and construction lending for residential real estate projects in the Pacific Northwest.
Strategy and Positioning
The fund originates senior secured loans to experienced repeat borrowers, with conservative leverage parameters and pricing designed to prioritize capital preservation and predictable income.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 100 |
| Target Net IRR | 9% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
| Sub-Sector Focus | Land, Land Development, Multi-family, Residential, Single-Family, Apartment, Student Housing, Condominium |
381. Turner Multifamily Impact Fund III
📌 Manager: Turner Impact Capital
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
Turner Multifamily Impact Fund III targets the preservation and enhancement of workforce housing across densely populated U.S. metropolitan areas.
Strategy and Positioning
The fund acquires and renovates affordable apartment communities serving households earning approximately 60 to 120 percent of area median income, combining social impact with institutional investment discipline.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 700 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
| Sub-Sector Focus | Apartment, Multi-family |
382. UK Life Sciences
📌 Manager: UBS Asset Management – Real Estate & Private Markets
📍 Geographic Focus: United Kingdom
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
UK Life Sciences is a value added real estate fund focused on purpose-built life sciences and innovation assets across the United Kingdom.
Strategy and Positioning
The fund targets specialized properties supporting research, development, and healthcare activities, benefiting from long-term structural demand and tenant stickiness.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Second Close |
| Fund Size (USD mn) | 903.81 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
| Sub-Sector Focus | Education, R&D, Medical/Healthcare |
383. UNION Real Estate Credit (UREC)
📌 Manager: UNION Group
📍 Geographic Focus: Nordics
🏗 Strategy: Debt
🏢 Property Type: Operating Companies
Fund Overview
UNION Real Estate Credit is a private debt fund providing senior secured direct lending to commercial real estate companies across major Nordic cities.
Strategy and Positioning
The fund focuses on conservative loan structures with strong collateral coverage, targeting income stability and downside protection.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 281.45 |
| Target Net IRR | 8.2% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Operating Companies |
| Sub-Sector Focus | Commercial Real Estate |
384. UNION Residential Development (URD)
📌 Manager: UNION Group
📍 Geographic Focus: Norway and Sweden
🏗 Strategy: Opportunistic
🏢 Property Type: Residential
Fund Overview
UNION Residential Development is a residential development fund focused on acquiring and developing land and residential assets in major Nordic cities.
Strategy and Positioning
The fund pursues ground-up development and distressed opportunities, aiming to capitalize on housing shortages and urban population growth.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 233.42 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Residential |
| Sub-Sector Focus | Residential |
385. US Sustainable Real Estate Fund
📌 Manager: NIXDORF Kapital
📍 Geographic Focus: United States
🏗 Strategy: Core
🏢 Property Type: Residential
Fund Overview
US Sustainable Real Estate Fund targets stabilized multi-family assets across the United States with a sustainability-focused investment mandate.
Strategy and Positioning
The fund emphasizes long-term income generation through energy-efficient residential properties in established markets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2024 |
| Status | Raising |
| Fund Size (USD mn) | 150 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Residential |
| Sub-Sector Focus | Multi-family, Residential |
386. Union Real Estate Fund IV (UREF IV)
📌 Manager: Union Eiendomskapital
📍 Geographic Focus: Norway
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Union Real Estate Fund IV targets a diversified portfolio of real estate assets across Norway, including student housing and mixed-use developments.
Strategy and Positioning
The fund focuses on repositioning and development opportunities while adhering to ESG principles under an SFDR Article 8 framework.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 143.55 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
| Sub-Sector Focus | Office, Retail, Warehouse / Distribution, Residential, Student Housing, Mixed Use |
387. VALUES Health Invest II
📌 Manager: Values Real Estate
📍 Geographic Focus: Germany
🏗 Strategy: Core
🏢 Property Type: Niche
Fund Overview
VALUES Health Invest II is a core real estate fund focused on medical and healthcare properties across Germany.
Strategy and Positioning
The fund targets long-term leased healthcare assets providing stable, defensive income supported by demographic tailwinds.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 382.12 |
| Target Net IRR | 4.25% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Niche |
| Sub-Sector Focus | Medical/Healthcare, Senior Home, Education |
388. VSV Fund II
📌 Manager: Vertical Street Ventures
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Residential
Fund Overview
VSV Fund II focuses on the acquisition and repositioning of multifamily assets in the Southwestern United States, particularly Arizona.
Strategy and Positioning
The fund targets operational improvements and market-driven rent growth in high-demand Sunbelt markets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Second Close |
| Fund Size (USD mn) | 50 |
| Target Net IRR | 13% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Residential |
| Sub-Sector Focus | Multi-family |
389. Valik Promotion
📌 Manager: Valik Promotion
📍 Geographic Focus: Luxembourg and Portugal
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Valik Promotion is a closed-ended real estate fund investing primarily in residential assets in Luxembourg, with expanding exposure to Portugal.
Strategy and Positioning
The fund targets development and repositioning opportunities across residential, logistics, and retail properties with selective opportunistic exposure.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | First Close |
| Fund Size (USD mn) | 83.29 |
| Target Net IRR | 10% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
| Sub-Sector Focus | Logistics, Industrial, Senior Home, Hotels, Retail |
390. Values Impact Living
📌 Manager: Values Real Estate
📍 Geographic Focus: Germany
🏗 Strategy: Core
🏢 Property Type: Residential
Fund Overview
Values Impact Living is a real estate fund focused on subsidised and affordable housing assets across Germany.
Strategy and Positioning
The fund targets stable, government supported residential income streams, emphasizing long-term capital preservation and socially responsible housing solutions.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 272.94 |
| Target Net IRR | 6% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Residential |
| Sub-Sector Focus | Subsidised Housing |
391. Values Public Sector
📌 Manager: Values Real Estate
📍 Geographic Focus: Germany
🏗 Strategy: Core
🏢 Property Type: Diversified
Fund Overview
Values Public Sector invests in properties leased to public sector tenants across Germany.
Strategy and Positioning
The fund emphasizes long-term leases to government and public institutions, providing stable and defensive income with low volatility.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Raising |
| Fund Size (USD mn) | 208.22 |
| Target Net IRR | 5% |
| Primary Strategy | Real Estate Core |
| Main Property Type | Diversified |
| Sub-Sector Focus | Public Sector Properties |
392. Values Wohngruppen Invest
📌 Manager: Values Real Estate
📍 Geographic Focus: Germany
🏗 Strategy: Core Plus
🏢 Property Type: Residential
Fund Overview
Values Wohngruppen Invest focuses on residential assets designed for people with disabilities across Germany.
Strategy and Positioning
The fund targets specialised residential properties with long-term operators, combining stable income with moderate value enhancement potential.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 218.36 |
| Target Net IRR | 4.5% |
| Primary Strategy | Real Estate Core Plus |
| Main Property Type | Residential |
| Sub-Sector Focus | Supported Living |
393. VanWest Self Storage Fund III
📌 Manager: VanWest Partners
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Niche
Fund Overview
VanWest Self Storage Fund III targets value-add self-storage facilities across the United States.
Strategy and Positioning
The fund focuses on expansion, renovation, and operational improvements to enhance cash flow and asset value in fragmented self-storage markets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | First Close |
| Fund Size (USD mn) | 150 |
| Target Net IRR | 14% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Niche |
| Sub-Sector Focus | Self-Storage |
394. Vanbarton Credit Opportunities Fund
📌 Manager: Vanbarton Group
📍 Geographic Focus: United States
🏗 Strategy: Debt
🏢 Property Type: Diversified
Fund Overview
Vanbarton Credit Opportunities Fund targets structured credit investments secured by institutional quality commercial real estate across major U.S. markets.
Strategy and Positioning
The fund originates and acquires whole loans, mezzanine debt, preferred equity, and securitized positions, capitalizing on dislocations in real estate credit markets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 350 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
| Sub-Sector Focus | Apartment, Medical/Healthcare, Retail, Hospitality, Mixed Use, Commercial |
395. Velo Mezzanine Credit Fund
📌 Manager: Velo Capital
📍 Geographic Focus: Germany and Nordics
🏗 Strategy: Debt
🏢 Property Type: Diversified
Fund Overview
Velo Mezzanine Credit Fund provides subordinate real estate loans across development, refurbishment, and standing asset transactions.
Strategy and Positioning
The fund focuses on mezzanine and junior lending positions with enhanced yield, targeting experienced sponsors in Northern European markets.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | First Close |
| Fund Size (USD mn) | 655.07 |
| Target Net IRR | 10% |
| Primary Strategy | Real Estate Debt |
| Main Property Type | Diversified |
| Sub-Sector Focus | Residential, Office, Logistics |
396. Velocis Industrial Fund
📌 Manager: Velocis
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Industrial
Fund Overview
Velocis Industrial Fund focuses on speculative development of industrial and logistics facilities in major Texas industrial hubs.
Strategy and Positioning
The fund targets supply constrained logistics corridors, emphasizing modern specifications and tenant driven demand from e-commerce and distribution users.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 257.7 |
| Target Net IRR | 18% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Industrial |
| Sub-Sector Focus | Industrial |
397. Velocis Secondary Partners III
📌 Manager: Velocis
📍 Geographic Focus: United States
🏗 Strategy: Secondaries
🏢 Property Type: Diversified
Fund Overview
Velocis Secondary Partners III acquires secondary interests in diversified U.S. real estate funds.
Strategy and Positioning
The fund provides liquidity solutions to existing investors while targeting discounted entry points across multiple real estate sectors.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2022 |
| Status | Closed |
| Fund Size (USD mn) | 170 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Secondaries |
| Main Property Type | Diversified |
| Sub-Sector Focus | Industrial, Multi-family, Office, Retail, Data Center, Hospitality, Medical/Healthcare |
398. Veterans Victory Opportunity Fund
📌 Manager: Veterans Victory Housing and Small Business Centers
📍 Geographic Focus: United States
🏗 Strategy: Opportunistic
🏢 Property Type: Diversified
Fund Overview
Veterans Victory Opportunity Fund is a qualified opportunity fund investing in commercial and residential real estate projects across the United States.
Strategy and Positioning
The fund targets tax advantaged opportunistic investments with redevelopment and repositioning upside in designated opportunity zones.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 67 |
| Target Net IRR | 20% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Diversified |
| Sub-Sector Focus | Commercial, Multi-family, Office, Apartment |
399. Vietnam Industrial & Logistics Real Estate Fund I
📌 Manager: Viet Capital Asset Management
📍 Geographic Focus: Vietnam
🏗 Strategy: Opportunistic
🏢 Property Type: Industrial
Fund Overview
Vietnam Industrial & Logistics Real Estate Fund I invests in industrial factories, logistics facilities, and warehouse assets across Vietnam.
Strategy and Positioning
The fund targets locations with high barriers to entry, leveraging Vietnam’s manufacturing growth, logistics expansion, and e-commerce demand.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Raising |
| Fund Size (USD mn) | 100 |
| Target Net IRR | 15% |
| Primary Strategy | Real Estate Opportunistic |
| Main Property Type | Industrial |
| Sub-Sector Focus | Logistics, Warehouse / Distribution, Industrial |
400. Virtus Real Estate Capital IV
📌 Manager: Virtus Real Estate Capital
📍 Geographic Focus: United States
🏗 Strategy: Value Added
🏢 Property Type: Diversified
Fund Overview
Virtus Real Estate Capital IV is a real estate fund managed by Virtus Real Estate Capital that focuses on value added and opportunistic investments within cycle resilient property sectors across the contiguous United States. The fund emphasizes defensive asset classes that demonstrate durable demand across economic cycles.
Strategy and Positioning
The fund targets healthcare, education, self storage, student housing, senior housing, and middle income workforce housing. Value creation is driven through operational improvements, strategic repositioning, and selective development within sectors supported by long term demographic and structural demand.
Key Fund Metrics
| Metric | Detail |
| Inception Year | 2023 |
| Status | Second Close |
| Fund Size (USD mn) | 750 |
| Target Net IRR | 12% |
| Primary Strategy | Real Estate Value Added |
| Main Property Type | Diversified |
| Sub-Sector Focus | Residential, Medical/Healthcare, Education, Self-Storage, Senior Housing, Student Housing, Multi-family |
December 2025 | Written by Andrew Thomas | The Investors Link
This page draws upon insights from the Global Real Estate Fund Investors Database and the International Real Estate Investors Database, proprietary research platforms developed for professionals seeking verified access to institutional capital sources across global property markets.
These databases are designed to support developers, fund sponsors, capital advisors, and real estate investment professionals by providing structured, up-to-date intelligence on active real estate funds, investment strategies, geographic mandates, and capital deployment behavior across North America, Europe, the Middle East, and Asia-Pacific.
All data is compiled from publicly available institutional disclosures, regulatory filings, and verified fund communications spanning the 2022 to 2025 period, ensuring relevance, accuracy, and practical applicability for capital sourcing initiatives in 2026 and beyond.
DUBAI INVESTORS LIST 