Denver-based Broe Real EstateGroup has launched a $250 million fund to assist cash-strappedcommercial real estate properties in the Western US.
BREG, an affiliate of The BroeGroup, is calling the fund its Strategic Investments Program, andit is designed specifically to mitigate disruptions in cash flowexperienced by real estate properties affected by the COVID-19outbreak.
The fund is hoping to providemuch needed capital for underconstruction industrial, office, medical office, multi-family,hospitality, and retail properties, the group said in arelease.
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Patrick Smith
Patrick Smith, based in New York, covers the business of law, including the ways law firms compete for clients and talent, M&A and corporate work, leadership and marketing innovation. Reach him at [email protected] or on Twitter at @nycpatrickd
