Transwestern announced that its opportunistic investment arm, Transwestern Ventures, landed $122 million for its debut fund, Transwestern Ventures Partners I. The company said that its initial target was $100 million.
The funds came from ten sources, "made up primarily of family office and high-net-worth investors," in amounts ranging from $5 million to $20 million.
"Leveraging Transwestern's nearly 2,100 leasing, development, operations and investment professionals across 33 markets, TVP I will invest in strategic commercial real estate opportunities throughout the U.S. This includes partnering with Transwestern companies as well as other real estate developers and operators within commercial real estate growth sectors."
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