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Adler Real Estate Partners debuts $150M fund

Adler Real Estate Partners rolled out its latest commercial real estate fund with a $150 million target, The Real Deal reported.

Seeking an up to 14% internal rate of return, Adler Real Estate Fund IV reportedly is the real estate investment company's largest fund thus far. It will focus on light industrial real estate and office properties in U.S. markets with robust growth, the publication reported, citing Preqin data.