Auerbach Funds Announces First Close for Third Opportunistic Real Estate Fund

prnewswire | October 15, 2020

Auerbach Funds today announced the first close for its third real estate private equity fund, Auerbach Opportunity Fund III ("AOF III"). AOF III initially raised $14.7 million of capital commitments and is focused on opportunistic real estate investments in distressed, mismanaged, or underperforming assets within the multifamily, retail, and specialty class located across the U.S.  The first close or "friends and family round" was comprised almost entirely of existing investors from Auerbach Opportunity Funds I & II, and AOF III has a target size of $100 million.

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85% of companies have changed their organisation after the health crisis. End users expect their workspace to be more modular, flexible, central and hybrid. Our platform allows easy and real-time decision making for Building’s optimization for future uses, Building analysis, Optimal building layout scenarios,  Comparative feasibility of target sites, and leasing process acceleration. A solution for the entire office real estate value chain. Developers, Landlords, Tenants, Design & Build Agencies, Brokers and Workplace Consultancy. Waytack helps bridge the gap between financial performance and use performance.

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