To read this full article you need to be subscribed to Newsline.Sign in Sign up for a FREE subscription
Stoltz launches $250m real estate fund
Stoltz Real Estate Partners has launched its fifth fund, the Stoltz Real Estate Fund V, according to a filing with the SEC. The fund has already raised $55 million of its $250 million fundraising target.
Its predecessor Stoltz Real Estate Fund IV closed in 2013 with $130.75 million in total capital commitments.
The fund series debuted in 2003 with Stoltz Real Estate Fund I, which closed in 2004 with $71 million in capital commitments. It was fully committed in 2006, and in 2007 SREF sold or fully realized nine investments.
Stoltz Real Estate Fund II closed in November 2007 with $145. 3 million. And Stoltz Real Estate Fund III closed with $152.25 million in total capital commitments.
Stoltz is a real estate investment and services company with a focus on value-adde