Printer Friendly

RD Capital fund to acquire $270m in RE investments.

RD Capital fund to acquire $270m in RE investments

RD Capital announced that it has formed its third real estate acquisition fund, RD Capital Realty Partners, L.P. The fund's goal is to acquire over $250 million of real estate over the next three years. The fund will acquire individual properties and real estate or mortgage portfolios with values in the range of $20 to $100 million.

Acquisitions will include distressed and under-performing real estate located throughout the United States. Primary emphasis will be equity ownership in multi-family housing, retail properties and industrial buildings. The fund is also seeking to purchase non-performing loans secured by real estate.

RD Capital, as general partner for the fund, will be responsible for locating, acquiring, and managing the properties. RD Capital is a New-York based real estate company. The company owns and manages a diversified real estate portfolio containing several million square feet with a concentration of retail and multi-family properties.
COPYRIGHT 1991 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:real estate
Publication:Real Estate Weekly
Article Type:Brief Article
Date:Oct 16, 1991
Words:157
Previous Article:Multi-state deals: when an NY license is not enough.
Next Article:First lease signed at Crossroads Business Center.
Topics:


Related Articles
Gap in cost of debt and equity capital narrows.
New wave of foreign capital expected soon.
Investors still see room for growth in commercial market.
Greenwich-based fund acquires Tokyo office building.
New law could spark German investment.
Goldman Sachs' Whitehall, Sienna Capital reach agreement with C&W.
Ivy Equities forms new fund.
Rebuilding an empire: Quinton Primo bought and sold billions in real estate assets. Now he's making moves into New York City's high-stakes gold coast.
Sterling starts $3b campaign with close of fifth fund.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters