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Michael Covarrubias Michael Covarrubias says the $220 million enhances TMG’s flexibility to expand in future cycles.

SAN FRANCISCO—TMG Partners recently announced the closing of a $220 million separate account to invest in value-add commercial real estate in the Bay Area. The capital was sourced from a single institutional investor and represents TMG’s second venture with this investor.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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