Fundraising - FEBRUARY 9, 2017

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 $411m for real estate fund

by Jody Barhanovich

Gerding Edlen has raised $411 million for its Gerding Edlen Green Cities III, according to a filing with the SEC.

The opportunistic fund is targeting $350 million in equity commitments and focuses on green mixed-use, multifamily and office properties in Boston; Chicago; Los Angeles; Portland, Ore.; San Francisco; and Seattle. The fund had raised $310 million as of February 2016.

The fund previously received commitments of $50 million each from the $30 billion Connecticut Retirement Plans and Trust Funds in December 2016 and the $4 billion 

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?