Regent Locks Down $300M For US Office Buys

Law360, New York (December 2, 2014, 7:15 PM EST) -- Regent Properties said Tuesday that it has pulled together more than $300 million in equity fundraising for office acquisitions in western U.S. markets, with the funds coming from several investors including asset manager BlackRock Inc.

Joining BlackRock in making equity commitments to Regent Office Fund II LLC and its related vehicles was Caxton Alternative Management LP as well as several other unnamed institutional investors and family offices, according to Regent. The California-based real estate firm said it exceeded its fundraising target for the close by 50 percent.

“Our success in fundraising is a result of our current strategy resonating with investors,...

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