Stoltz launches real estate fund
Stoltz Real Estate Partners has launched Stoltz Real Estate Fund VI, according to a filing with the SEC. The fund has raised $55 million in equity commitments so far, according to the SEC filing. It is seeking to raise $300 million in total equity commitments. The fund is the sixth fund in the series that focuses on value-added and core-plus office, industrial, multifamily and retail properties throughout the United States. The fund’s predecessor, Stoltz Real Estate Fund V, held a $145 million final close in 2016, coming in below its $250 fundraising target. Stoltz Real Estate Fund IV held a final close of $130.75 million in 2013.