X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Los AngelesVenture capital firm Fifth Wall has closed its second real estate technology fund, Fund II, with $503 million in commitments. The fund closed oversubscribed and is double the size of Fifth Wall’s first fund, which closed in 2017 with $212 million in commitments. The second fund is the largest active venture capital fund in Los Angeles.

The fund’s investors include owners, operators, and developers of real estate, with global investor interest from over 50 corporate strategic investors from 11 countries. The list of international investors includes Gecina in France, MERLIN Properties in Spain and British Land as well domestic names like Starwood Capital and Related Companies.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Kelsi Maree Borland

Kelsi Maree Borland is a freelance writer and editor living in Los Angeles whose work has appeared in such publications as Travel + Leisure, Angeleno and Los Angeles Magazine.

More from this author

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.