Westcore Third Platform Closing Increases Buying Power to $1.5B

The third platform is anchored by a $100 million co-invest commitment from the firm’s longstanding executive team.

San Diego

San Diego-based Westcore has closed its third real estate platform, boosting its total buying power to $1.5 billion. The third platform is anchored by a $100 million co-invest commitment from the firm’s longstanding executive team. This is Westcore’s largest investment vehicle to date.

“We have an established track record of providing strong returns to our investors,” Don Ankeny, president and CEO of Westcore, tells GlobeSt.com. “We’ve also put a lot of time and energy into developing relationships with top brokers who exponentially increase our ability to identify quality deals that might go unnoticed by other investors. Our investors also recognized the strong team we have in-house and our ability to act with speed, agility and adaptability.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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