Singerman Real Estate Closes Opportunity Fund at $800M
Singerman Real Estate (SRE) a Chicago-based opportunistic real estate investment firm, announced today the closing of SRE Opportunity Fund IV, L.P. with capital commitments totaling more than $800 million. SRE exceeded its target of $700 million and reached Fund IV’s hard cap less than six months from launch.
Fund IV was capitalized primarily by institutional investors including endowments, foundations, public pensions, corporate pensions, large family offices, consultants and money management firms. In addition, SRE has historically provided co-investment opportunities for its investment relationships.
“From an investment standpoint, it is very clear there will be significant cyclical and secular changes within real estate due to COVID-19,” said Seth Singerman, managing principal of SRE. “We have built a remarkable team with diverse and complementary skill sets that has the focus and flexibility to pivot and execute attractive risk-adjusted opportunities in this investment environment and across economic cycles.”
Pictured: SRE headquarters in Chicago.
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