Subject: Opportunity Funds (OPPY)

Goodegg Investments has raised $53 million of equity for its third investment fund, Goodegg Wealth Fund I, and fully deployed it, purchasing three apartment properties with 654 units in Texas and Arizona for $150.01 million.

Northland, whose property investments had been focused on 10 states, primarily in the Sunbelt and New England, has moved into the Midwest, where it sees opportunities. The Newton, Mass., investment manager bought its first properties in the region, in Madison, ...

The Atlanta investment manager's latest fund, like its predecessors, will target apartment properties in the Sunbelt that have a value-add or core-plus component. It so far has acquired 14 properties valued at $1.3 billion in Arizona, Florida, Georgia, North Carolina ...

Greenbridge Investment Partners, a Beverly Hills, Calif., investment manager, is gearing up to raise a fund in order to take advantage of what it expects will be opportunities to buy properties whose business plans might have hit a wall. The ...

Banyan Investment Group has reached the $35 million hard cap of equity commitments it had set for its Banyan Lodging Enhanced Value Fund LP. The fund is designed to pursue investments in properties that have been impacted by the efforts ...

AEW Capital Management has raised $690.12 million of equity commitments for an investment vehicle that pursues cold-storage facilities. The Boston investment manager has been among the more active investors in the cold-storage sector, where ownership, outside of two big players, ...

Commercial Real Estate Direct Staff Report Blackstone Inc. has raised $24.1 billion for the latest iteration of its flagship real estate fund. That already exceeds the $21.49 billion the giant investment manager had raised for the fund's predecessor, Blackstone Real Estate ...

Columbia Property Trust Inc., which nearly three years ago had acquired investment manager Normandy Real Estate Management, has spun off the funds it had assumed through that transaction to a company led by one of Normandy's co-founders. The spin-off likely was ...

Brasa Capital Management has completed raising equity commitments for its second value-add real estate investment fund. The Los Angeles investment manager, formed in 2018 by Eric Samek, who previously was head of the western U.S. for AEW Capital Management's opportunity ...

CRG, the development and investment arm of Clayco Inc., has raised $300 million for its U.S. Logistics Fund II, reaching the fund's cap. When coupled with the $150 million that was raised through co-investment vehicles, the fund could have the ...