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Greystar unveils $500M commercial real estate debt fund

Greystar Real Estate Partners LLC closed on $500 million for its newly launched commercial real estate debt fund.

The Greystar Credit Partners I LP fund will acquire subordinated and securitized debt issued by entities backed by the U.S. federal government.

Charleston, S.C.-based Greystar, which has offices across the U.S. and in Europe, Latin America and the Asia-Pacific region, is a fully integrated multifamily real estate company providing rental housing investment management, development and property management.