Publications

Fundraising - MAY 22, 2017

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

DivcoWest raises $1.4b for fifth fund

by Jody Barhanovich

DivcoWest has raised $1.385 billion for DivcoWest Fund V, according to a filing with the SEC. The firm did not comment on its fundraising efforts.

DivcoWest Fund V is a value-added, commingled real estate fund. It primarily will target office buildings and R&D properties in the greater San Francisco Bay Area and Seattle. The fund potentially will look to invest in other markets, including Los Angeles; Portland, Ore.; Austin; Raleigh, N.C.; New York City; and Washington, D.C.

Fund V had raised $1.06 billion in equity commitments as of May 2016 and is seeking to raise $1.5 billion in total equity commitments. The fund previously received a $200 million commitment from the $188.7 billion California State

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy