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AEW raises $496m for third senior housing fund

by Jody Barhanovich

AEW Capital Management has raised $495.5 million for its AEW Senior Housing Investors III, nearing its $500 million equity fundraising target. The firm did not comment on its fundraising efforts.

AEW Senior Housing Investors III, which launched in April 2016, is a value-added real estate vehicle that invests in U.S. senior housing properties.

The fund has received commitments from the $16.3 billion Teachers’ Retirement System of Louisiana, the $3.7 billion Houston Firefighters’ Relief & Retirement Fund and the $128 billion

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