Standard Real Estate Investments has expanded its investment ventures with assets managed by GCM Grosvenor, adding up to $600 million of new investment capacity for industrial and multifamily transactions.
In addition to a new tranche of capital for the existing industrial program targeting equity investments in U.S. industrial property developments, the GCM Grosvenor capital relationship will support Standard’s workforce housing multifamily strategy that is pursuing $500 million of acquisitions in selected U.S. markets.
“We’re proud to announce this important expansion of our programs with GCM Grosvenor. They have been outstanding partners for Standard in the growth of our business, supporting our ability to pursue and close the right deals in a challenging capital environment,” said Robert Jue, CEO of Standard. “Standard is a boutique diversified investment manager with a national footprint and institutional approach. We think private real estate bough
