Redwood-Kairos Real Estate Partners has launched the next value-added fund in its value fund series, Redwood-Kairos Real Estate Value Fund VI, according to a filing with the SEC. The firm did not comment on its fundraising efforts.
The new value-added real estate fund will invest in debt secured by U.S. properties, focusing on medical office, mixed-use, multifamily, retail, and senior and student housing. The fund has a $200 million maximum fundraising target, according to IREI’s FundTracker database.
The fourth fund in the series, Redwood-Kairos Real Estate Value Fund IV, held a $151 million final close in 2016, according to IREI’s FundTracker database.
Redwood-Kairos Real Estate Partners is a California-based real estate investment company that provides capital to sponsors through preferred equity, joint venture partnerships and junior debt position