November 8, 2016
Two Dallas-area funds have finished capital raises in the millions, with the end goal of buying commercial real estate. Crow Holdings Capital closed its Retail Fund II, which includes $417 in capital commitments, while Transwestern Investment Group ended up with approximately $160 million in total commitments for its TSP Value and Income Fund I.
TSP Value and Income I targets assets in major and secondary markets with strong economic drivers, supply constraints and liquidity. The fund’s holdings include more than 3.6 million square feet of industrial assets in the Midwest and Southwest, and 900,000 square feet of office assets in California, Arizona and Georgia.
Meanwhile, Crow Holdings’ Retail Fund II targets smaller food and service-oriented centers near universities, hospitals, corporate office parks and densely populated neighborhoods.
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