Singerman Real Estate raises $800m for Fund IV

Chicago-based Singerman Real Estate (SRE), an opportunistic real estate investment firm, has closed its SRE Opportunity Fund IV with more than $800 million in capital commitments.

SRE exceeded its target of $700 million and reached Fund IV's hard cap less than six months after launching.

The fund was backed by institutional investors, such as endowments, foundations, public pensions, corporate pensions, large family offices, consultants and money-management firms.

“When we set out to raise Fund IV, our goal was to grow organically with our existing institutional investor base and attract a few new and complementary limited partners with whom we have been fortunate to develop relationships over the years,” said Seth Singerman, managing principal of SRE. “We are truly thankful for our investors' support in achieving this goal that will strengthen the foundation of the SRE platform for thoughtful and measured growth going forward.”