trending Market Intelligence /marketintelligence/en/news-insights/trending/jcNvdvuYGE8IcfY7TEhrig2 content esgSubNav
In This List

Report: Berkshire's 1st real estate debt fund nears $1.3B hard cap

Blog

Insight Weekly: Recession risk persists; Banks pull back from crypto; 2022 laggard stocks rally

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Insight Weekly: Inflation eases; bank M&A slows; top companies boost market share

Blog

Insight Weekly: PE firms shift strategies; bank earnings kick off; bankruptcies plummet


Report: Berkshire's 1st real estate debt fund nears $1.3B hard cap

Berkshire Group pulled in $1 billion for its first real estate debt fund in two funding rounds, bringing it closer to its $1.25 billion hard cap, PERE News reported, citing sources with knowledge of the matter.

Investors in the Berkshire Multifamily Debt Fund include Tennessee Consolidated Retirement System, which earmarked up to $150 million in September.

Berkshire is also looking to raise $350 million for Berkshire Multifamily Value Plus Fund IV, its fourth closed-ended equity fund. That fund will focus on equity and debt investments in U.S. multifamily properties, including ground-up development and value-add redevelopment, according to the report.