Broadview Real Estate Partners has closed its debut fund, Broadview Real Estate Partners Fund, with total equity commitments from institutional investors exceeding the target size of $200 million.
“The Broadview Fund is a continuation of our investment program providing entity-level, platform, and programmatic equity commitments to growing real estate companies,” noted Larry Ellman, managing partner.
To date, the Broadview Fund has closed on two platform investments, one targeting industrial developments in the Midwest and Southeast, and another targeting student housing developments at major public universities.
“Broadview seeks to partner with operators that have a proven track record and will benefit from an experienced and committed investment partner,” stated Jason Grossman, managing partner. “Our strategy seeks to make platform commitments to a total of five to seven companies focused on opportunistic and value-add real estate investments.”
