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Mesa West Fund III Hits $752M

LOS ANGELES-Mesa West holds the third close of its Fund III with $100 million over its original fundraising goal.

By Kelsi Maree Borland | Updated on November 21, 2013

LOS ANGELES-Los Angeles-based real estate investment manager Mesa West has completed the closing of the Mesa West Real Estate Income Fund III, LP with $752 million in equity commitments, surpassing its original fundraising goals by over $100 million. Mesa West’s strategy is to focus on debt-only platforms, and it is one of the first to do so, focusing on pension funds, endowments, foundations and off-shore investors looking for lower risk investments.

“As real estate debt continues to find a permanent home in the allocations of many institutional investors, our track record and focus certainly has played a role in in the success of our fundraising efforts,” says Ryan Krauch, Mesa West principal.

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