Crow Holdings nears final close
Crow Holdings Capital Partners is approaching a scheduled final close date for its Crow Holdings Realty Partners VI on June 30. The core-plus/value-added fund launched in 2012 with a $750 million fundraising goal.
The commingled vehicle will follow the same strategy as the firm’s previous five funds in the series. Fund VI will invest in a portfolio of domestic real estate, including industrial assets, grocery-anchored and neighborhood retail properties, multifamily housing, office properties, hotels and land. The fund will include income-oriented investments with modest forecasted appreciation as well as value-added investments.
Fund VI had raised approximately $604 million in equity commitments as of December 2012. A recent investor was the University