Brasa Capital Closes Largest Real Estate Fund With $582M in Commitments – Commercial Observer
Los Angeles-based real estate investment manager Brasa Capital Management has closed a new $582 million fund, its largest real estate fund to date, the company announced Tuesday. Brasa will devote the fund, called Brasa Real Estate Fund III, to investing in middle-market residential and commercial assets in the Western U.S. and Texas, the company said in its announcement.SEE ALSO: 400 Capital Management Closes Fourth Investment Fund With $1.39B in Commitments Eric Samek, founder and managing director at Brasa, told Commercial Observer the company benefited from “a majority of our existing...