Brookfield has closed its latest flagship real estate debt fund, Brookfield Real Estate Finance Fund VI (BREF VI), with more than $4 billion of equity commitments, surpassing its initial target of $3 billion.
A group of nearly 50 LPs committed to BREF VI, including public and private pension plans, labor organizations, endowments and foundations, financial institutions, and insurance companies from the United States, Canada, Europe, and Asia Pacific.
“Our fundraising effort has gone exceptionally well, and we appreciate the strong support we have received from our investors,” said Andrea Balkan, managing partner at Brookfield. “We have been actively investing and are excited about the opportunities to generate attractive, risk-adjusted returns on real estate debt investments.”
BREF VI will focus on lending against high-quality real estate assets in major U.S. metropolitan markets, and selectively in the United Kingdom and Europe. The fund has closed on 1
