Corten Real Estate Management has held a final close for Corten Real Estate Fund II after raising $283 million in combined commitments from a variety of investors, including public pension plans, Taft-Hartley plans, foundations, endowments and major family offices.
The $283 million capital raise exceeded the initial target Corten set for the fund of $250 million.
“We have spent the past six years establishing our investment management business by focusing on cultivating relationships with partners, both investors as well as operators, who understand the nuances of our strategy and appreciate the way in which we conduct our business,” said managing partner P.J. Yeatman. “We are honored to serve as stewards for their capital and continue to be thoughtful in how we deploy it.”
Chris Buccini, co-founder and partner, added, “I am proud of what we have accomplished at Corten in a relatively short period of time. The fact that we were able to exceed our fundr
