Publications

Fundraising - FEBRUARY 29, 2016

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

Sign in Start Your Free Trial Now View Purchase Options

Gerding Edlen raises $310m for green fund

by Zoë Wolff

Gerding Edlen has raised $310 million for its Gerding Edlen Green Cities III fund, according to a filing with the SEC.

The opportunistic fund is targeting $350 million and focuses on green mixed-use, multifamily and office properties in Boston; Chicago; Los Angeles; Portland, Ore.; San Francisco; and Seattle.  The Fresno County (Calif.) Employees’ Retirement Association committed $20 million to the fund in November.

Gerding Edlen Green Cities II, the fund’s predecessor, held a final close of $234 million in 2014. Green Cities I closed in December 2011 after

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?