Fundraising - MAY 2, 2013

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

Sign in Sign up for a FREE subscription

TA Associates Realty holds $1.56 billion final close for value-added fund

by Andrea Waitrovich

TA Associates Realty has raised $1.56 billion of equity for its 10th value-added fund, TA Realty Associates Fund X, which launched in 2011. The total capital raised exceeds the firm’s $1.25 billion fundraising goal. With leverage, the fund could have $2.5 billion of buying power.

Fund X will continue the same strategy as TA Realty’s predecessor vehicles, focusing on major U.S. markets with an emphasis on the East and West coasts. It focuses on industrial buildings, garden-style apartment complexes, grocery-anchored retail properties and suburban office buildings. Investments average approximately $25 million.

Forgot your username or password?