(Wayne, PA) – June 15, 2018 – Argosy Real Estate Partners (“AREP”) is pleased to announce the final closing of Argosy Real Estate Partners IV, L.P. and its parallel funds (“AREP IV”) on June 15, 2018. AREP IV raised $286 million, exceeding its $250 million target size. Investors included insurance companies, foundations, family offices, and high net worth individuals from the United States, Europe and Asia.

AREP IV is a closed-end, commingled, fully discretionary real estate opportunity fund targeting multifamily, commercial, lodging, and for-sale residential land investments in the United States. AREP focuses on investment opportunities in the lower middle market that require between $5 and $20 million of equity capital. AREP IV has made six investments to-date committing approximately $60 million of capital and maintains a strong transaction pipeline.

The AREP investment platform is led by Managing Partners David Butler and Andy Stewart. AREP invests nationally from three offices including its headquarters in Philadelphia and additional offices in Denver and San Francisco. AREP currently has approximately $1.0 billion in gross value of real estate assets and equity commitments under management.