NEW YORK CITY-Resource Real Estate, Inc., a subsidiary of Resource America, Inc., reports it has launched The Resource Real Estate Diversified Income Fund.

The company states that the fund offers an opportunity for investors to access real estate investments in both listed and unlisted markets, via equity and debt securities. The fund's portfolio may include publicly traded REIT shares, private equity real estate investments, preferred shares of REITs and non-traded REIT shares purchased at net asset value or on the secondary market.

RRE owns and manages real estate assets with an aggregate value of approximately $1.8 billion.

The fund is managed by real estate investment veteran Scott Crowe, who recently joined Resource Real Estate as a managing director to build its real estate securities investment platform. Crowe has 15 years of experience in real estate investing and was formerly global real estate portfolio manager at Cohen & Steers, where he was responsible for more than $10 billion in institutional funds under management and led a team of more than 20 portfolio managers and analysts in New York, London and Hong Kong.

“The Resource Real Estate Diversified Income Fund employs a unique approach to real estate investing, allowing investors to gain access to private equity investments in the same managed portfolio that includes select publicly-traded real estate securities,"states Chief Executive Officer Alan Feldman. "Furthermore, investors can take advantage of the fund's institutional and specialty investments with lower fees and minimums than if they invested in such investments separately, which may allow them to optimize their diversification and potential returns.”