Brookfield Asset Management has launched its sixth commercial real estate finance fund targeting mezzanine debt investments throughout the United States, according to an SEC Form D filed on Oct. 13.
An equity fundraising target was not disclosed for the vehicle, known as Brookfield Real Estate Finance Fund VI (BREF VI), but the fund’s predecessor, BREF V, raised a total of $3 billion at final close in 2017. That fund’s investor base consisted of public and private pension plans, sovereign wealth funds, financial institutions, endowments, foundations and family offices.
Like the previous fund in the series, BREF VI will make investments through the origination of financing for high-quality properties, predominately in major markets across the United States.
