Feb
08
BKM Launches Value-Add Fund, Targets $300M in Equity
ByThe California-based company is aiming for a total of $850 million in buying power.
Orange County, Calif.—Nearly one year after closing its debut fund, BKM Capital Partners, a California-based fund manager, has launched its second value-add institutional fund focusing on multi-tenant industrial assets. BKM Industrial Value Fund II LP will target $300 million in equity commitments and deliver $850 million in buying power.
The fund will invest in the acquisition, improvement and repositioning of undervalued multi-tenant light industrial and small and mid-bay industrial warehouse properties in the Western U. S. to drive maximum value…