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Maverick Surpasses Fundraising Target with Latest Vehicle
Maverick Real Estate Partners has reached the closing for its latest real estate credit fund, Maverick Lien Fund VI LP, with total equity commitments of $317.6 million, exceeding its original fundraising target of $275 million. Commitments were made by a diverse group of limited partners, including public pension plans, university endowments, foundations, family offices, and high net worth investors.
“We are incredibly fortunate to have such high-quality limited partners, who through their diligence, support, and advice, have kept Maverick sharp and focused on our core mission to capitalize on unique real estate credit opportunities within New York City,” said David Aviram, Maverick’s co-founder and principal.
To date, Fund VI has made 18 investments with a total cost of $135 million. Based in Midtown Manhattan, Maverick has already profitably realized seven of these investments in the first nine months of Fund VI’s operations.
Pictured: Maverick headquarters at 100 Park Ave.
- ◦Sale/Acquisition
- ◦Financing
