Jan
22
Rockwood Closes $1.1B Fund, Nabs Watergate Building
ByThe multinational investor base consists of public and private pension funds, foundations, endowments, insurance companies, family offices and high-net-worth individuals.
Watergate Office Building in Washington, D.C.
New York–Rockwood Capital LLC, a private real estate investment firm, closed its latest fund with $1.1 billion in capital commitments and reportedly acquired the famous 12-story Watergate office building in Washington, D.C., as one of the fund’s first nine purchases.
Rockwood Capital Real Estate Partners Fund X LP is a value-added fund that will target office, residential, retail and hotel assets in growing and evolving urban and “suburban-core” mixed-use neighborhoods in the United States…