Private Equity Real Estate

Experience

Fortress Group has strong real estate experience supplemented by private capital markets expertise. Members of the team have experience as real estate operators, equity investors, and real estate investment bankers, and have successfully raised capital for multiple product types, including office, industrial, retail, multifamily, hospitality, agribusiness, land and other specialty real estate.

Structure

Fortress' real estate team has successfully raised capital in various structures and assisted clients in determining the optimal funding structure for each mandate, including:

  • Discretionary commingled funds (traditional private equity real estate limited partnerships)
  • Separate accounts
  • Pledge funds/Club deals
  • Programmatic joint venture partnerships
  • Select portfolio acquisitions and recapitalizations

Strategy

Fortress identifies the most compelling investment strategies to institutional investors based on strong relationships and extensive research including:

  • Opportunistic
  • Value added
  • Core/core plus
  • Mezzanine/B-notes
  • Distressed assets/notes

Clients

Fortress has effectively raised funds for a variety of client types, such as:

  • Experienced real estate private equity fund and fund-of-fund managers
  • Emerging managers/next generation real estate private equity fund managers
  • Qualified operating companies and developers

Track Record

Examples of successfully closed fund placement and advisory mandates:

  • U.S. retail-focused programmatic equity joint venture ($200M, 2010)
  • Multi-family property fund portfolio recapitalization ($74M, 2011)
  • Farmland/agribusiness private equity fund ($1,205M, 2007)
  • (2) emerging markets opportunistic private equity real estate funds ($551M, 2005; $268M, 2009)
  • (2) private equity real estate funds-of-funds ($144M, 2008; $309M, 2011)