Stoltz Real Estate Partners raises $115m for fund

Stoltz Real Estate Partners, a vertically integrated real estate fund manager based in the Greater Philadelphia area, has raised $115 million for its sixth real estate fund, Stoltz Real Estate Fund VI, according to a filing with the SEC.

The firm did not comment on its fundraising efforts.

Stoltz Real Estate Fund VI recently launched in June. It focuses on value-added and core-plus office, industrial, multifamily and retail properties throughout the United States. The fund is seeking to raise $300 million in total equity commitments.

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.

Stoltz currently owns and operates re