Stoltz Real Estate raises $75m for value-added fund
Stoltz Real Estate Partners has raised $75 million for its sixth real estate fund, Stoltz Real Estate Fund VI, according to a filing with the SEC. 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.