St. Louis-based ElmTree Funds closed its largest commingled fund to date with a final tally of $888 million.
ElmTree U.S. NetLease Fund IV has roughly $2.5 billion in immediate investment capacity, officials said, as roughly $800 million has already been put to work in investments in industrial and logistics assets across the U.S.
ElmTree Founder and CEO James Koman
“The COVID-19 health pandemic accelerated the ongoing trend of population migration from gateway cities to growing primary and secondary markets, including very attractive areas such as Phoenix and Salt Lake City . . .
Unlock this article instantly, along with the rest of our premium content and daily, weekly and monthly newsletters. We offer pay-as-you-go monthly subscriptions and discounted annual subscriptions with additional benefits: access to Alternatives Watch Research articles and our Annual Investor Compendium.