Liquid Realty Invests $60 Million in Two Real Estate Opportunity Funds
Liquid Realty Partners, the global leader in real estate secondary
investing, has acquired interests valued at $60 million in two real
estate opportunity funds. The funds, sponsored by a leading U.S. fund
manager, hold portfolios of diversified opportunistic property
investments located throughout the United States. Liquid Realty
purchased the fund interests from an offshore institutional investor
that had made the strategic decision to sell off its entire real
estate private equity portfolio.
"We are pleased to have delivered an attractive liquidity solution
to another sophisticated institution," said Scott Landress, Managing
Principal and CEO. "As the only firm focused exclusively on real
estate secondary investing, Liquid Realty has developed its position
as the partner of choice in the real estate secondaries market by
consistently providing superior pricing and execution. Transactions
like this demonstrate Liquid Realty's unique ability to reliably
complete large, rationally priced portfolio management transactions
for institutional sellers of real estate private equity interests."
Since the firm's inception in 2002, Liquid Realty has become the
leading provider of liquidity to real estate fund investors, acquiring
$1 billion in secondary interests globally. Liquid Realty's
investments include the 2006 acquisition of interests in ten Jersey
Property Trusts valued at GBP 435 million ($775 million), believed to
be the largest secondary real estate acquisition ever.
About Liquid Realty
Liquid Realty Partners (www.LiquidRealty.com), the real estate
secondaries firm, specializes in acquiring interests in private real
estate funds, partnerships and trusts on a secondary basis. Founded in
2002, with over $1 billion of equity investments, Liquid Realty is the
largest and the only dedicated buyer of real estate private equity
interests on a secondary basis. Liquid Realty's co-Managing
Principals, Scott Landress and Jeff Giller, are 20-year real estate
investment and finance veterans supported by an experienced,
professional team. The firm works directly with institutional sellers,
through intermediaries, and alongside private equity secondary
investors. Liquid Realty's investments range from small, single-fund
interests to large, multi-fund portfolios; span all global geographic
markets; include unfunded commitments; and encompass core, core-plus,
value-added and opportunistic styles.