May 30, 2019
Connect Apartments is planned next month in Los Angeles. You can get more information and register to attend on this link.
New York-based Angelo, Gordon & Co., L.P. raised more than $2.75 billion in equity commitments for its most recent U.S. real estate fund, AG Realty Value Fund X. That exceeded the fund’s $2.5 billion target, and makes it Angelo Gordon’s largest real estate fund to date.
Angelo Gordon will seek to identify off-market investment opportunities for the fund, with a focus on sub-performing or distressed office, multifamily, retail, residential, hotel, for-sale housing, senior housing, self-storage, and student housing assets, primarily located in the U.S. Up to 20% of the fund’s capital may be invested in Europe and Asia, regions in which Angelo Gordon has a strong presence and local investment teams.
Angelo Gordon’s Reid Liffmann says, “For over 25 years, we have developed and maintained a distinctive value-add approach to investing in U.S. real estate, which is focused on mitigating cyclical risk, and does not rely on macro-thematic bets to generate returns.”
For comments, questions or concerns, please contact Dennis Kaiser