Belay Investment Group is anchoring Primestor Development's Urban Vision Fund I with a $100M equity commitment, with an addition $25M in equity coming to the fund from LGT Capital Partners.
Belay, a Los Angeles based women-owned and led real estate investment management firm, has more than $900M of assets under management, primarily on behalf of a large California based pension plan. LGT is a leading alternative investment specialist with more than $85B in assets under management and more than 600 institutional clients in 43 countries.
The Urban Vision Fund I will seek to develop and acquire transit-oriented, mixed-use real estate investment opportunities in underserved urban communities with a geographic focus on California.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
