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TA Realty Closes $1.8B Value-Add Fund
TA Realty LLC, a provider of real estate investment management services, has closed its TA Realty Value-Add Fund XIII with oversubscribed equity commitments of approximately $1.8 billion.
This flagship value-add fund focuses on acquiring industrial and multifamily assets, as well as grocery-anchored shopping centers in major U.S. markets. Fund XIII garnered commitments from a diverse group of global institutional investors, including pension plans, sovereign wealth funds, endowments, foundations, insurance companies, and family offices.
“Over time, we have demonstrated that our experience, patience and discipline make us capable of effectively navigating varying market environments with precision. We look forward to prudently deploying this capital into value-add investments that have the potential to deliver attractive risk-adjusted returns,” said Jim Raisides, managing partner at TA Realty.
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- ◦Financing
