Skip to content
Homepage
  • Market
    • Illinois
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Events
  • Sector
    • CRE
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Real Estate Awards
  • Subscribe
  • Publications
IllinoisFinance

Mesirow completes round of fundraising

July 1, 2021
Share on Facebook Share on Twitter Share on LinkedIn Share via email

Mesirow announced a successful capital raise for the Mesirow Financial Real Estate Value Fund IV (the “Fund”), the latest in the firm’s series of risk-balanced, multi-family value-added investing opportunities. Reflecting the team’s record of strong risk-adjusted returns, fundraising was oversubscribed after reaching a hard cap of $750M established to ensure optimum portfolio diversification and the disciplined pacing of investments.

Managed by Mesirow Institutional Real Estate Direct Investments (“IRED”), the Fund invests in the multi-family housing sector across the top 25-30 markets within the US. In a post-pandemic environment, the team’s sector-focused strategy is positioned to capitalize on long-term secular themes, including an increasing US population, growing numbers of Generation Z, Millennial, and Baby Boomer renters, and a propensity to rent across a broadening grid of socioeconomic population cohorts. 

Over the last five, ten, and thirty-year periods, apartments have outperformed all other property sectors tracked by the MCREIF Property Index1, creating an opportunity to generate positive alpha. Apartment lease renewal terms also provide investors with a degree of protection against rising inflation. 

“We are pleased by the marketplace reception to this latest offering and by the strong conviction of our investors,” said Alasdair Cripps, Chief Executive Officer of Mesirow IRED. “Apartments are the only major property type where individuals as end users directly drive necessity-based demand. In a normalizing post-COVID market, we believe that constructive fundamentals – and strong results for our investors – will be supported by under-build in the apartment sector as well as rising construction costs and labor shortages in the housing industry.”

Tags
Mesirowmesirow financial
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
MichiganRetail

Gerdom Realty & Investment helps fill retail center in Michigan community

February 8, 2023
MinnesotaMultifamily

Wiegmann Associates installing mechanical systems for 308-unit mixed-use development in Minneapolis

February 8, 2023
MichiganRetail

Northmarq sells Popeyes location in Michigan

February 8, 2023
TexasCRE

Houston-area PRD Land Development Services acquires American Civil Engineering Services

February 8, 2023

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Contact Us
  • Events
  • Office Locations
  • Advertise
© 2023 REjournals.com