Sterling Organization amasses $495 mln for fund
Sterling Organization, a private equity real investment management and services firm, has closed its third value-add retail real estate fund at $495 million, beating its $450 million target. The limited partners of Sterling Value Add Partners III LP include domestic endowments, foundations, private and public pension plans, fund of funds and large family offices. The fund will target grocery-anchored shopping centers, street retail, power centers and mixed-use properties in major markets across the United States.
19 July 2018•2 mins read
