In the News
Monday, July 30, 2018
PERE: How to Raise a Successful Retail RE Fund
PERE’s Lisa Fu reports:
“The Sterling Organization’s $495 million value-add retail real estate fund challenges the notion that e-commerce has killed brick and mortar retail.
The Florida-based real estate firm closed its fourth discretionary closed-end fund, Sterling Value Add Partners III, last week. Raising $495 million in capital commitments over 10 months, the firm exceeded its $450 million target and has nearly reached its $500 million hard-cap.”