Real Capital Solutions (RCS), a real estate investment firm with more than four decades of experience investing through market cycles, has announced the launch of the RCS Contrarian Office Fund, a private investment vehicle that will target class A and B office properties in prime and secondary U.S. markets experiencing financial distress.
Building on the firm’s long-standing contrarian investment philosophy, the fund will target fundamentally strong office assets whose valuations have been reduced by higher interest rates, constrained capital markets, refinancing pressures and the long-tail economic impacts of COVID-19. The fund is targeting $350 million in commitments from suitably qualified investors, and with leverage, will have the capacity to acquire approximately $850 million of assets. Marcel Arsenault, founder and CEO of Real Capital Solutions, will serve as the fund’s anchor investor through a $50 million personal commitment, fully aligning the interests of RCS
