Transwestern announced that its opportunistic investment arm, Transwestern Ventures, landed $122 million for its debut fund, Transwestern Ventures Partners I. The company said that its initial target was $100 million.
The funds came from ten sources, "made up primarily of family office and high-net-worth investors," in amounts ranging from $5 million to $20 million.
"Leveraging Transwestern's nearly 2,100 leasing, development, operations and investment professionals across 33 markets, TVP I will invest in strategic commercial real estate opportunities throughout the U.S. This includes partnering with Transwestern companies as well as other real estate developers and operators within commercial real estate growth sectors."
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 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.
