Publications

Fundraising

To read this full article you need to be subscribed to Newsline.

Start Your Free Trial Now View Purchase Options

Sterling Organization markets new fund

by Andrea Waitrovich

Sterling Organization is marketing a new fund, Sterling United Properties, according to the IREI FundTracker Database. The fund will focus on grocery-anchored retail in the United States.

Recently, Sterling Organization held a final closing of its second discretionary closed-end fund, Sterling Value Add Partners II, with total capital commitments of $311 million, exceeding its $275 million target. With leverage, Sterling Value Add Partners II has more than $1 billion of buying power. The value-added fund will target grocery-anchored shopping centers, power centers, enclosed malls, mixed-use properties and urban retail assets in major markets across the United States.

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?