Rubenstein Properties Fund
Rubenstein Properties Fund, L.P. the (“Fund”) was established in late 2005 to invest in office real estate assets, operating or ownership entities whose primary assets are office real estate, and assets that have office 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 United States which present a value-added opportunity. The Fund also has the ability to acquire and originate debt, or preferred equity. 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 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 has been 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 has given 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 United States, but primarily in the following markets: Boston; New York; Central/Northern New Jersey; Philadelphia; Wilmington; Baltimore; Suburban Maryland; Washington, D.C.; Northern Virginia; North Carolina; Atlanta and Florida.
The Fund is managed by Rubenstein Partners.