LaSalle seeks $1B for latest value-add real estate fund

LaSalle Investment Management is looking for $1 billion for its latest value-add real estate fund. The firm, an arm of JLL, will call the fund — its eighth — LaSalle Income & Growth Fund VIII, according to Bloomberg. That billion-dollar target is almost twice the size of its previous fund, which raised $510 million and closed last year. That fund has spent around 80 percent of that amount. Like the previous fund, LaSalle Income & […]

Source: Real Estate

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