Colorado-based Broe Real Estate Group (BREG), the real estate arm of The Broe Group, has opened a $250 million BREG Strategic Investments Program designed to assist commercial real estate properties and ventures that are suffering from market disruptions caused by COVID-19.
The investment program provides vital rescue capital solutions to stabilize properties and partnerships that find themselves experiencing liquidity issues, the company announced in a June 17 statement.
The program will target transactions ranging in size from $20 million to $100 million, with a minimum equity requirement of $10 million. Larger portfolio transactions will also be considered. The property types under consideration include industrial, office, medical office, multifamily, hospitality and retail assets. The initial phase of the program will have a geographical focus on the Western United States.
BREG is a fully integrated private real estate investment management business that acq