S Korean pension POBA commits $100m to real estate lender 3650 REIT
South Korea's public pension fund POBA has made a $100m capital commitment to a fund managed by US-based 3650 REIT.
Source: dealstreetasia.com
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3650 REIT Announces $100M Capital Commitment from POBA
MIAMI, October 26, 2023--3650 REIT ("3650"), a nationwide commercial real estate lender originating and managing portfolio loans for leading institutional investors, today announced that Public Officials Benefit Association ("POBA"), the Seoul, South Korea-based public pension fund founded in 1975, has made a $100 million capital commitment to a vehicle employing 3650’s U.S.-based Bridge and Event-Driven ("BED") lending strategy. The capital will to be used to expand 3650’s BED lending strategy
Source: yahoo.com
Korean Pension Fund Invests $100M in 3650 REIT Lending Platform
Korea’s Public Officials Benefit Association is partnering with the lender's “bridge- and event-driven strategy” lending platform.
Source: commercialobserver.com
Cautious Bullishness at Commercial Observer's West Coast Leadership Reception – Commercial Observer
‘We’re choosing our target carefully, but we’re certainly open for business.’
Source: commercialobserver.com
Universities' failure to condemn Hamas gets an 'F' from faculty
The Jewish News of Northern California
Source: jweekly.com