Bob McClain, head of real estate at CHC-Real Estate commented, "We are pleased to close on Retail Fund II, a unique opportunity to acquire small food and service-oriented centers near universities, hospitals, corporate office parks, and densely populated neighborhoods. We thank our investment partners for their support and confidence."
About Crow Holdings Capital – Real Estate:
Crow Holdings Capital–Real Estate (CHC–Real Estate) is a North America-focused asset manager of private equity real estate funds. Since 1998, CHC–Real Estate and CHC-affiliated entities have managed ten funds with equity capital totaling approximately $6.7 billion, with which nearly $18 billion in assets have been acquired or developed. CHC–Real Estate is managed and directed by an investment team of seven members, who on average, have worked with CHC and CHC-affiliated entities for more than 23 years. The firm's breadth of experience investing through real estate cycles coupled with a strong alignment with its valued partners advise a cautious – but agile – strategy that includes acquisition, value creation, and development.
For more information on CHC-Real Estate, please visit www.crowholdingscapital-re.com.
Jonathan Morgan or Alex Hinson
Perry Street Communications
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/crow-holdings-capital-closes-retail-fund-ii-at-417-million-300357747.html
SOURCE Crow Holdings Capital - Real Estate