Forge Capital Partners, a diversified, commercial real estate investment and investment management company, has launched its fourth real estate fund, Forge Real Estate Partners IV, for the fund series, according to a filing with the SEC. The firm did not comment on its fundraising efforts.
The new opportunistic real estate fund will follow the strategies of its predecessor funds, investing in existing grocery-anchored shopping centers and mixed-use projects primarily in moderate- and low-income census tracts within the states of Alabama, Florida, Georgia, North Carolina, South Carolina, Tennessee, Texas and Virginia, as well as Puerto Rico.
The fund’s predecessor, Forge Real Estate Partners III, held a $200 million final close in June 2014.
Forge’s real estate portfolio includes the Causeway Shopping Center in Melbourne, Fla., the Rozzelle Crossing in
