Monday, 6 April 2020

Manhattan office developer launches $200M fund

Manhattan office developer KPG Funds is trying to put its money where its mouth is. The owner and operator, formerly known as K Property Group, is raising a $200 million fund, according to paperwork filed March 31 with the Securities and Exchange Commission. The minimum investment for outside investors is $5 million. KPG CEO Greg Kraut said the fund had been in the works before the pandemic but the firm decided to press on. “We’re



source https://therealdeal.com/2020/04/06/manhattan-office-developer-launches-200m-fund/

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