rubenstein properties fund
Rubenstein Properties Fund, L.P. ("The Fund") was established to invest in real estate assets, operating or ownership entities whose primary assets are real estate, and assets that have real estate as a component of the collateral.
The Fund's objective is to acquire, reposition, develop, redevelop, manage, operate and/or dispose of office properties located in the Eastern Time Zone of the United States which present a value-added opportunity. The Fund also has the ability to acquire and originate debt. In conjunction with Independence Capital Partners' firms, the Fund also has the ability to invest in mixed use opportunities, distressed corporate debt and certain other limited situational opportunities throughout the United States (including outside the Eastern Time Zone). Typically, the Fund seeks to partner with "best of class" local operators in the various sub-markets within the Fund's geographic footprint.
The Fund has raised approximately $475 million in equity from a diverse group of leading institutional investors, including educational endowments and a select group of corporate pension funds and high net worth individuals throughout the United States. Due, in part, to the experience of Rubenstein Partners' principals, particular focus will be given to larger or more complicated transactions, specifically those requiring certain development or major redevelopment, or complex recapitalization which are part of a sound value-added strategy. The Fund will give considered attention to assets located in Central Business Districts and suburban markets that are proximate to them. The Fund will look to execute its value-added strategies throughout the entire Eastern Time Zone, but primarily in the following markets: Boston; New York; Central/Northern New Jersey; Philadelphia; Wilmington; Baltimore; Suburban Maryland; Washington, D.C.; Northern Virginia; Atlanta and Southeast Florida.
The Fund is managed by Rubenstein Partners.
