Time Equities raising third real estate fund

Francis Greenburgers’ firm wants $100M to invest in US, Canada and Europe

TRD New York /
Jun.June 27, 2017 03:45 PM

50 West and Time Equities’ David Becker

Time Equities TRData LogoTINY is raising its third and largest real estate investment fund with a target of $100 million, David Becker, who manages the firm’s equities division, said.

According to Becker, the fund is expected to close in the fall and will target income-producing and opportunistic investments in the U.S., Canada and Europe (primarily the Netherlands) with annual returns between 10 and 15 percent.

New York-based Time Equities raised $25 million for its first fund and $60 million for its second, according to Becker, mostly from wealthy individuals.

Francis Greenburger’s firm is currently developing the 780-foot-tall condo tower 50 West Street in the Financial District.

(To view more of Time Equities’ financing transactions, click here)


Related Articles

arrow_forward_ios
With a cooling trade war, stocks perform well, including real estate. (Credit: iStock)

Real estate stocks push up this week as U.S.-China trade tensions ease

416 West 25th Street and Maverick Real Estate Partners principal David Aviram (Credit: Google Maps and LinkedIn)

Chelsea landlord claims “predatory” lender is charging a crippling interest rate as punishment after losing foreclosure case

Paul Volcker (Credit: Getty Images)

Paul Volcker, Fed Chair who infuriated real estate, dies

Renderings of The William Vale and Denizen Bushwick with a Tel Aviv Stock Exchange ticker

All Year eyes sale of William Vale to pay off bonds

Redwood Trust’s CEO Christopher J. Abate (Credit: iStock)

Wall Street is collecting rent payments

From left: 1407 Broadway, 805 Third Avenue and 195 Broadway (Credit: Google Maps)

These were the 10 largest Manhattan real estate loans in November

The Tel Aviv Stock Exchange (Credit: Getty Images)

All Year’s Israeli bonds tumble on $41M loss

Alex Sapir and the NoMo Soho hotel at 9 Crosby Street (Credit: NoMo SoHo)

Sapir Corp.’s stock drops in Tel Aviv

arrow_forward_ios