SAN DIEGO—Locally based Pathfinder Partners LLChas launched a $100-million fund called Pathfinder PartnersOpportunity Fund V LP. The private real estate fund will focusprimarily on acquiring value-add multifamily andresidential real estate in mid-tier cities in the western US.
According to Mitch Siegler, senior managingdirector/co-founder of Pathfinder, “Fund V will target a$100-million to $150-million raise and build on Pathfinder's trackrecord of having acquired about half a billion dollars of realestate assets in 75 transactions since its inception. Pathfinderhas gone 'full-cycle' on 32 of those properties—generating netfund-level internal rates of return in excess of 20% on thoseinvestments.”
The goal of the fund is to capitalize on the best investmentopportunities for residential real estate investments—both rentaland for sale – in San Diego, Denver, Phoenix, Seattle and Portland,among others cities, Siegler adds.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
