Transwestern Investment Company - http://www.transinvestco.com/private/AslanRealtyPartnersFundVehicles.asp


Home > Aslan Realty Partners > Fund Vehicles >

Aslan Realty Partners - Fund Vehicles

Aslan Realty Partners IV, L.L.C. ("Aslan IV")
Aslan IV closed in December 2009 with capital commitments totaling approximately $441 million from 18 institutional investors and various high net worth individuals.  The fund is targeting the acquisition of domestic real estate assets that are undervalued or demonstrate strong prospects for value creation, with a focus on office, industrial, and retail properties.  The current portfolio consists of two office assets with a gross investment cost of $300 million.

Aslan Realty Partners III, L.L.C. ("Aslan III")
Aslan III’s final capital capital closing occurred in November 2005 with total commitments of $800 million from 50 institutional partners and various high net worth investors. Aslan III completed its investment period i April 2008 after assembling a high-quality, geographically-diversified portfolio in 21 major metropolitan markets around the country.  The current portfolio consists of 35 office and 5 retail assets totaling over 10 million square feet with a gross investment cost of $2.6 billion.

Aslan Realty Partners II, L.P. ("Aslan II")
Aslan II closed in April 2002 with $680 million in equity capital commitments from 32 institutional partners and many high net worth investors. Aslan II invested in a geographically and product-diversified portfolio totaling $3.6 billion in assets, including: 60 office, 14 industrial, and four retail properties totaling 18.2 million square feet; 10 multifamily assets with 4,500 units; and 46 mezzanine loan investments. Aslan II has successfully liquidated 72 property and 35 mezzanine loan investments with gross proceeds totaling $2.6 billion.

Aslan Realty Partners, L.P. ("Aslan I")
Aslan I is a $426 million institutional fund raised to invest nationwide in undervalued real estate assets and development projects.  Aslan I closed in September 1999 with commitments from 25 institutional investors.  Aslan I acquired a national portfolio totaling $2 billion in assets including: 11.2 million square feet of office, industrial, and retail properties; nearly 3,000 multifamily units; and 34 mezzanine loan investments.  All 123 investments have been liquidated generating strong risk-adjusted returns for the fund.

Predecessor Office and Industrial Funds
Prior to the Aslan series of institutional equity funds, Transwestern raised over $300 million of capital targeted for the office and industrial sectors. These initiatives began in 1996 with an office fund that was regionally focused in the Southwest and subsequently rolled out nationally the next year through a follow-on vehicle. Both these funds, which acquired 49 office assets totaling $720 million, have been successfully liquidated. A separate fund acquired 21 industrial assets nationwide and has been fully liquidated except for one last remaining asset. Also in 1997, a fund was formed to acquire manufactured housing communities through a fully-integrated operating company. This company, which ultimately owned over 14,000 homesites nationwide, was successfully sold in 2002.


PRINT WINDOW  |  CLOSE WINDOW
   ©2006, Transwestern Investment Company     150 N. Wacker Drive, Suite 800  | Chicago, IL 60606  |  Fax (312) 499-1901