American Realty Advisors, a Los Angeles–based commercial real estate investment manager, has raised additional capital for its open-ended American Strategic Value Realty Fund, according to a filing with the SEC. The fund, which launched in 2008, has raised a total of $836.7 million over the years. The firm did not comment on its fundraising efforts.
American Strategic Value Realty Fund invests in office, retail, industrial, multifamily and other properties through a risk-controlled strategy that focuses on opportunities for added value at different stages of the investment cycle. Properties are located in selected markets throughout the United States.
Throughout its fundraising, the fund has received commitments from numerous investors, including pension funds such as the