Search
 

Boulder Group Forms $100M High-Yield Fund

NORTHBROOK, IL-Boulder Net Lease Funds, LLC will buy assets such as short-term leases and dark properties, in the office and industrial sectors, that may be considered too risky by other investors.

By Mark Ruda | Updated on July 05, 2005

NORTHBROOK, IL-Boulder Net Lease Funds, LLC has finished raising private equity for its $100-million fund, and plans to begin buying high-yielding office and industrial single-tenant properties in the second half of this year. The acquisitions will likely be from net-leased property owners who already have dealings with the Boulder Group, the fund’s parent company.

“We are targeting properties deemed too risky by mainstream investors such as properties with short-term leases and dark properties,” says Boulder Net Lease Funds president Randy Blankstein. “We are confident a portfolio of such properties can provide an attractive risk adjusted return through a strong focus on real estate fundamentals.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.