BC Wood Properties has held a first close of BC Wood Real Estate Fund IV. The fund is anchored by a prominent university endowment that also served as the lead investor in BC Wood’s prior fund.
BC Wood Real Estate Fund IV is targeting $200 million in total commitments, with a $250 million hard cap. The fund advances BC Wood Properties’ proven strategy of acquiring and adding value to necessity-based neighborhood retail centers in attractive secondary markets, a strategy the firm has successfully executed for over three decades.
Headquartered in Lexington, Ky., BC Wood Properties manages a portfolio of retail centers spanning the Mid-Atlantic, Midwest and southern United States. The company’s hands-on approach and deep market expertise have established it as a trusted partner for both investors and tenants.
“We are deeply grateful for the continued trust of our investor base, especially our anchor investor in Fund IV who recognized the value of our approa