19-05-2025
Chicago Investment Firm Raises $1.2 Billion for Real Estate Fund
Mesirow Financial Inc. raised more than $1.2 billion for its fifth real estate fund, which will focus on apartment complexes in major US metros, the company said.
The Chicago-based company, whose real estate arm has $8.5 billion in assets under management, will target discounted multifamily assets in the top 25 to 30 American cities, Mesirow said in a statement on Monday. It will seek to purchase assets in fast-growing markets where 'barriers to entry reduce the risk of oversupply.'