https://eprnews.com/global-private-group-has-completed-the-second-and-final-close-of-global-private-fund-vii-146710/

Press Release (ePRNews.com) - New York, NY - Jun 21, 2017 - Global Private Group has completed the second and final close of Global Private Fund VII. The Fund was materially oversubscribed and closed at its fund size limit with USD800 Million of total equity commitments.  With debt leverage, the Fund has the capacity to acquire over USD2.7 Billion in apartment investments. Global Private Fund VII is a fully discretionary, value-add fund that invests in high-quality, well-located multifamily properties across the Europe and UK, and leverages Global Private Group’s extensive operating platform to enhance cash flow through value-add activities.  The Fund’s investor base is comprised of institutional investors from across the globe and accredited high-net-worth individuals. The CEO of Global Private Group Real Estate Division, says: “We are grateful to our investors for their commitment to our most recent value-add fund and are very pleased with the reception that Fund VII received from our international investors. The extremely positive investor response demonstrates a high level of confidence in Global Private Group’s strategy, management team, and vertically integrated operating platform, as well as the recognition of our strong track record. We are confident that this investment opportunity will generate attractive current income and provide strong total returns for our investors.” With the recent opening of Global Private Group’s sixth European Investment Office, Global Private Group continues the expansion of its investing capabilities and is well positioned to acquire apartment investments within its International footprint. Fund VII seeks to invest in multifamily properties in targeted major metropolitan areas across the Europe and UK with healthy fundamentals.  Through renovation, enhanced operations and investing in transitioning locations, Fund VII seeks to add value and produce superior risk adjusted returns. In addition to Global Private Group’s series of value-add apartment funds, Global Private Group also invests in stabilized, core apartments through a USD1.5 Billion separate account with our German Real Estate Special Investment Fund. Global Private Group is one of the largest and most experienced project finance groups in the world compromising more than 300 dedicated specialists in our offices worldwide who are fully qualified to provide financial services and products. Stable financing, efficient execution, expert solutions and customer service are how we help clients succeed. Our broad range of lending products in the areas of corporate lending and investment banking, combined with access to strong capital base; allows us to execute financing that supports your business objectives. Our deal professionals’ industry expertise and attention to your goals during every step of the loan process allows us to offer solutions that help you achieve success.   MEDIA CONTACT: GLOBAL PRIVATE GROUP info@globalprivategroup.com (888)-249-0213 http://globalprivategroup.com Source : Global Private Group