RCG Longview holds final close

RCG Longview held a final close for its fifth debt fund on June 30. RCG Longview Debt Fund V closed with $353 million.

Fund V held its first closing in the first quarter 2013 and has deployed more than $220 million since that time.

RCG Longview Fund V continues its strategy of seeking to earn equity-like returns by lending against real estate it understands well, primarily in the Northeast, and particularly in the New York City metropolitan area.

RCG Longview has placed more than $2 billion to work in the form of mezzanine, acquisition, construction, bridge and preferred equity investments. This translates to well in excess of $15 billion in total real estate capitalization.