SRE Opportunity Fund III, L.P. Raises $500 Million


CHICAGO, Jan. 11, 2018 — Singerman Real Estate, LLC (“SRE”), a Chicago-based opportunistic real estate investment firm, announced today the closing of SRE Opportunity Fund III, L.P. (“Fund III”) with capital commitments totaling $500 million.

SRE exceeded its commitment target of $400 million and reached Fund III's hard cap three months following its initial closing. Fund III is capitalized primarily by institutions including endowments, foundations, public pensions, corporate pensions, large family offices and money management firms. Additionally, SRE received commitments from investors for significant co-investment capacity.

Regarding the successful fundraise, Seth Singerman, Managing Principal of SRE, commented: “When we set out to raise Fund III, our goal was to primarily grow organically with our existing institutional investor base and to attract a small number of new and complementary limited partners. We are truly thankful for our investors' support in achieving these goals that will strengthen the foundation of the SRE platform for thoughtful and measured growth going forward.”

“We continue to build a remarkable team with diverse and complementary skill sets. My partners and I are excited to continue our focus on sourcing and executing attractive risk-adjusted investment opportunities across economic cycles.”

About Singerman Real Estate

Singerman Real Estate, LLC is a Chicago-based 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 investment focus is on maximizing risk-adjusted returns through investments in both debt and equity across all major assets classes including office, retail, hotel, industrial, and multifamily, in addition to secondary real estate asset classes including student housing and senior housing. Since its formation in 2010, SRE sourced and executed, with partners, over $1.8 billion of investments nationwide.

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SOURCE Singerman Real Estate, LLC

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