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Rialto Capital holds first closing of second real estate investment fund

Tue, 01/01/2013 - 17:50

Lennar Corporation’s Rialto Capital subsidiary has completed the first closing of its second real estate investment fund with initial equity commitments of approximately USD260 million (including USD100 million committed by Lennar).

The Fund's objective during its three-year investment period is to invest in distressed real estate assets and other related investments that fit within the Fund's investment parameters.


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