Reef and Oaktree’s infrastructure arm have formed a Neighborhood Property Group to acquired strategic real estate assets. :
(Bloomberg)—Reef Technology Inc., a startup that manages hubs in parking lots used for food delivery and other services such as Covid-19 testing, launched a $300 million fund in partnership with Oaktree Capital Management LP. Reef and Oaktree’s infrastructure arm have formed the Neighborhood Property Group to acquire strategic real estate assets, the companies told Bloomberg News on Monday.