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Pantzer Properties Closes Oversubscribed Fifth Fund
New York City-based Pantzer Properties, Inc. has reached the final closing of its fifth real estate fund, Panco Strategic Real Estate Fund V. The fund was oversubscribed with $781 million in capital commitments, exceeding the fundraising target of $750 million.
Fund V received substantial commitments from endowments, pension funds, healthcare systems, foundations, non-profits, Registered Investment Advisors, family offices and high net worth individuals. The new fund is approximately 75% larger than its predecessor, which closed in January 2020 with $450 million of equity.
The fund is a continuation of Pantzer’s fully discretionary private equity fund series known as the Panco Strategic Real Estate Funds, focusing on tangible multifamily assets in high barrier to entry markets along the East Coast. The firm’s current portfolio runs to approximately three dozen assets in markets including Boston, Philadelphia, Washington, DC, South Florida and its home base of Manhattan.
Pictured: Pantzer Properties’ The Point at Downingtown
- ◦Financing

