September 8, 2017 Comments Off on DivcoWest Raises $1.6B for Value-Add Investment Fund Views: 709 Bay Area, California News

DivcoWest Raises $1.6B for Value-Add Investment Fund

Divco West Real Estate Services, LLC held its final close on DivcoWest Fund V, its fifth commingled value-add investment fund. Commitments totaled roughly $1.585 billion, making it DivcoWest’s largest fund to date with approximately 80% of the commitments from existing investors.

DivcoWest’s Stuart Shiff says, “We are pleased to have 25% of Fund V already designated to what we believe is an attractive group of investments. We look forward to continuing the creation and management of a dynamic and disciplined portfolio of real estate and real estate-related investments for our investors.”

DivcoWest engaged Greenhill & Co. as the global placement agent, and Goodwin Procter LLP represented DivcoWest as fund counsel in the establishment of Fund V.

Connect With DivcoWest’s Shiff


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