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Shorenstein Properties raises $846.5m for 12th office fund
Fundraising - SEPTEMBER 3, 2019

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Shorenstein Properties raises $846.5m for 12th office fund

by Kali Persall

San Francisco–based Shorenstein Properties has raised $846.5 million for its core-plus office fund, Shorenstein Realty Investors 12, according to an SEC filing.

The firm is seeking to raise $1.35 billion for the fund, which was launched in 2018.

Shorenstein Properties invests in residential, office, retail, mixed-use, developments and debt investments throughout the United States. It has $9 billion in total assets under management and has managed 12 funds since 1992.

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