Boston-based TA Realty has raised $628 million to date for its TA Realty Core Property Fund, according to a Form D filing with the SEC. The firm did not comment on its fundraising efforts. TA Realty launched the open-end fund in spring 2018.
TA Realty Core Property Fund follows a core investment strategy and will focus on properties throughout the United States.
According to the firm’s website, since 1982, the firm has acquired, invested and/or managed $28.2 billion of real estate through a series of value‐added, commingled funds and core separate/advisory accounts. As of Sept. 30, 2017, gross assets under management were valued at approximately $10 billion, comprised of 43.1 million square feet of commercial (industrial, office, retail) real estate and over 8,135 multifamily units.