Mesirow IV Financial Property Value Fund Exceeds Fundraising Target

0
41

[ad_1]

– The fund offers direct access to the multi-family US market through a well-diversified portfolio with manageable risks.

“The portfolio could benefit from strong demand driving the fundamentals of US condos.

– Mesirow Institutional Real Estate Direct Investments continues to serve a growing base of large domestic and international institutional investors.

CHICAGO, June 30, 2021 / PRNewswire / – Mesirow (“the firm”) today announced a successful capital increase for Mesirow Financial Real Estate Value Fund IV (“the Fund”), the latest in a series of risk-balanced, multi-family projects for the company. added investment opportunities. Reflecting the team’s report of high risk-adjusted returns, fundraising was exceeded after hitting the hard cap. USD 750 million designed to ensure optimal portfolio diversification and orderly investment.

Alasder Cripps

Alasder Cripps

We are delighted that the market has embraced this latest offer – Alasder Cripps

The fund, managed by Mesirow Institutional Real Estate Direct Investments (IRED), invests in the multi-family housing sector in the 25-30 largest US markets. In a post-pandemic, the team’s industry strategy is capitalizing on long-term secular themes, including growing U.S. populations, growing numbers of Gen Z tenants, millennials and baby boomers, and a tendency to rent in an expanding grid of socioeconomic cohorts.

Over the past five, ten and thirty years, apartment prices have surpassed all other real estate sectors tracked by the MCREIF Property Index.one, creating the ability to generate a positive alpha. Renewal terms also provide investors with some protection against rising inflation.

“We are pleased with the way the market has taken this latest offer and with the firm conviction of our investors,” he said. Alasder Cripps, CEO of Mesirow IRED. “Apartments are the only major type of property where individuals, as end users, directly stimulate demand based on need. With the post-COVID market normalizing, we believe the constructive foundations – and strong results for our investors – will be supported by under-construction in the residential sector, as well as rising construction costs and labor shortages in the residential sector. ”

About private equity investment Mesirow
Mesirow Institutional Real Estate Direct Investments provides institutional investors with access to attractive direct investment opportunities and attractive risk-adjusted returns in the real estate market. With over 300 years of sector-specific experience and intellectual capital, this team strives to create value for investors through well-diversified portfolios of multi-family assets. For more information please visit mesirow.com/institutionalrealestatedirect

About Mesirow
Mesirow is an independent employee-owned financial services company founded in 1937. Headquartered in ChicagoWith offices around the world, we serve clients with a personalized approach to meeting financial goals and acting as a driving force for the public good. With capabilities spanning global investment management, capital markets and investment banking, and advisory services, we invest in what matters: our clients, our communities and our culture. To find out more visit mesirow.com and subscribe to us LinkedIn

Mesirov was recently named one of the best places to work in Chicago from Crane’s Chicago Business and one of the best jobs according to the version Chicago Tribune

media
mediainquiries@mesirow.com | Michael Hurley | 203.308.1409

oneFor more information on the MCREIF Property Index visit https://www.ncreif.org/data-products/property/

Mesirow Financial Institutional Real Estate Direct (“MFDRE”) is a division of Mesirow Financial Investment Management, Inc., an investment advisor registered with the SEC. Mesirow Financial belongs to Mesirow Financial Holdings, Inc. and its divisions, subsidiaries and affiliates. The Mesirow Financial name and logo are registered service marks of Mesirow Financial Holdings, Inc., © 2021. All rights reserved.

(PRNewsfoto / Mesirow)

(PRNewsfoto / Mesirow)

Cision

Cision

View original content for media downloads:https://www.prnewswire.com/news-releases/mesirow-financial-real-estate-value-fund-iv-exceeds-fundraising-goal-301322483.html

SOURCE Mesirow

[ad_2]

Source link