Real Estate
GreenOak Real Estate raised $1.55 billion for its third American property fund, the company’s largest raise to date. The Midtown-based investment firm is targeting returns of 15 percent as it capitalizes on a renovation and repositioning strategy, Bloomberg reported. The new fund will target core markets like New York but also branch out to other cities such as Seattle, Washington and Miami. “Our goal is to buy unloved or undermanaged real estate, then fix, stabilize […]

In this article