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Denver-based Black Creek Group has closed a record-breaking year. In 2019, the firm raised $2.3 billion in capital, a 150% increase compared to 2018, and developed $2 billion in real estate.

“Executing against a strategic plan that was put into place a few years ago—one focused on local teams backed by national resources and institutional processes—we experienced great success in 2019, especially in raising and deploying capital,” Raj Dhanda, CEO at Black Creek Group, tells GlobeSt.com. “Having a strong team in place, we continued our long-standing track record of creating value for our investors. In particular, it was through our deep relationships that we were able to execute record capital deployment, leading to the acquisition of 13.4 million square feet of industrial and multifamily properties—three times more than what we did in 2018.”

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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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