RW Partners, Inc. Closes Inaugural GP Fund' | MENAFN.COM

Friday, 21 January 2022 08:58 GMT

RW Partners, Inc. Closes Inaugural GP Fund'

(MENAFN- PR Newswire)

NEWPORT BEACH, Calif., Jan. 14, 2022 /PRNewswire/ -- RW Partners, Inc. is pleased to announce the initial closing of its inaugural GP fund, RW Fund I L.P., with approximately $10 million of LP commitments. RW Partners will continue to raise capital for the Fund, which will primarily invest in retail and self-storage properties as well as non-performing loans. In partnership with other experienced operators, developers, and financial institutions, the Fund will be used to acquire value-add properties and reposition obsolete or underperforming real estate assets throughout the northeast, southeast, mountain west, and west coast markets. With leverage, the initial closing for RW Fund I L.P. gives it approximately $285 million of buying power.

Founded in 2012 by Robert F. Whalen, Jr., RW Partners, Inc. has acquired or redeveloped approximately $300 million of retail and self-storage real estate assets while deploying more than $45 million of equity since inception.

CONTACT: [email protected]

SOURCE RW Partners


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.