Heitman launches new real estate debt fund
Heitman has launched a new real estate debt fund, Heitman Core Real Estate Debt Income Trust, according to IREI’s FundTracker database. The firm did not comment on its fundraising efforts.
The real estate debt fund will provide financing for U.S. hotel, industrial, multifamily, office, retail, self-storage and student housing properties. A final close date for the fund has not yet been scheduled.
Heitman previously launched Heitman European Residential Investment Partners, a $279 million European apartment fund in February 2016. The core fund focuses on multifamily properties across Western Europe.
Heitman previously closed Heitman Value Partners III in April 2015, raising $420.6 million in equity commitments for the value-added fu