Related Cos. launches new real estate fund
New York–based Related Cos. has launched a new closed-end real estate equity fund, the Related Real Estate Fund III, according to an SEC Form D filed on July 29.
The firm could not be reached to comment on its latest fundraising efforts.
The company invests in retail, residential, office, hospitality and city center assets across the United States, according to the Related website. It has more than $50 billion of development and acquisition activity and manages a portfolio of high-quality assets valued at more than $60 billion.
Related is also raising capital for its Real Estate Debt Fund, which launched in 2016 and looks to secure $2 billion in capital commitments. The closed-end fund invests in debt assets in the U.S. market.
The company primarily focuses on opportunistic real estate investments, the origination and acquisition of debt, multifa