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Heitman recently closed three investment funds valued at $3.2 billion. The three funds include Heitman Value Partners V, Debt investment fund Heitman Debt Partners II and Global core plus fund and Heitman Global Real Estate Partners II. The equity commitments include co-investments.

“We were pleased to reach our targets, and in the case of Heitman Value Partners V and Heitman Debt Partners II, meet or exceed the funds’ hard caps,” Lewis Ingall, senior managing director at Heitman, tells GlobeSt.com. “Early in the pandemic we recognized the need to shift our approach in order to address the unique challenges that 2020 presented. This included moving meetings to the virtual environment and conducting the appropriate due diligence with limited partners in creative ways. In terms of our expectations, gleaning data from how real estate has behaved during periods of volatility and in the recovery period of an economic cycle, we believed that being in a position to deploy capital during the early recovery would provide attractive entry points and position our funds well for future growth.”

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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