MIAMI—What can Adler Kawa Real Estate Advisors (AKREA) do with another $56 million? We’ll soon find out as the firm just closed the AKREA Fund II less than a year since its initial launch.

AKREA Fund II’s investor base attracted both domestic and international high net worth individuals and family offices. About 50% of the fund’s capital originates in South Florida and large contingents coming from Brazil and Texas. The closed-end fund focuses on acquiring and managing multi-tenant, management-intensive office and industrial properties in the southern and eastern US.

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