Chicago, IL (PRWEB) September 30, 2013
Singerman Real Estate, LLC (“SRE”), a leading opportunistic real estate investment firm, announced today that it has successfully completed the closing of Singerman Real Estate Opportunity Fund I, LP (“SRE Fund I”) with over $118 million of capital commitments. The SRE Fund I investor base is a diversified group of limited partners consisting of leading endowments, foundations, pension plans, institutional money managers, family offices, and high-net-worth individuals. SRE focuses on maximizing risk-adjusted returns through investments in both debt and equity across all major asset classes including office, retail, hotel, and multifamily, in addition to secondary real estate asset classes, which include student housing and senior housing.
Seth Singerman, Founder and Managing Principal of SRE, commented, “We are truly appreciative of the support we received from the real estate investment community. This successful capital raise is significant for a first-time fund, particularly given the current challenging fundraising environment. We are especially thankful for the confidence and support of our limited partners.”
“We believe our platform provides a valuable balance of institutional expertise and, given our fund size and core principals, significant alignment of interest with our investors,” added Mr. Singerman. “Our team is now focused on proactively sourcing attractive opportunities while maintaining our investment discipline that has been developed across multiple economic cycles.”
About Singerman Real Estate:
Singerman Real Estate, LLC is an opportunistic real estate investment firm that has deep experience executing complex transactions and unlocking embedded value through the ownership of properties, real estate loans and operating companies. The principals of SRE have led and sourced direct investments in real estate totaling over $2 billion. Since its formation in 2010, SRE sourced and executed, with partners, over $700 million of investments across all major property types.
For further information on Singerman Real Estate, please visit SRE’s website at http://www.singermanre.com or contact Seth Singerman at (312) 544-9645 or ssingerman(at)singermanre(dot)com.