WASHINGTON, DC—Rockpoint Group, a Boston-basedreal estate private equity firm, has closed on $950million of equity commitments for Core Plus FundI.
This is the company's first lower-risk, lower-return core plusinvestment vehicle, and a source has told GlobeSt.com, one of thecities of interest is Washington DC.
Rockpoint typically sponsors opportunistic funds and has raisedmore than $8 billion of equity capital via these funds since 2003,including its most recent opportunistic fund, Rockpoint Real EstateFund IV, which closed in March 2013 with $2.33 billion in investorcommitments.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
