Investment Manager Focuses on Value-Added Office Property in Eastern United States

January 31, 2017 – Philadelphia, PA – Rubenstein Partners, L.P., a vertically-integrated real estate investment manager focused on value-added office property opportunities, announced the final closing of Rubenstein Properties Fund III, L.P.   This is the third institutional real estate investment vehicle advised by Rubenstein Partners.  David B. Rubenstein, Founder and Senior Managing Partner of Rubenstein Partners, made the announcement.

The discretionary real estate private equity fund raised a total of $565 million in capital commitments from a diverse group of investors, including some of the nation’s preeminent public and private pension funds, university endowments and family offices.

“We’re pleased to announce the final closing of Rubenstein Properties Fund III at a level surpassing the previous two funds, and positioning Fund III to take advantage of value-added office investment opportunities in its target markets,” Mr. Rubenstein said.  “We’re grateful for the continued support from many longstanding investors and are excited to welcome several new investors into the platform.”

Rubenstein Properties Fund III, L.P. seeks value-added office property investments in markets throughout the Eastern United States.  Rubenstein Properties Fund II, L.P. launched in 2012 and raised $515 million of equity commitments.  Rubenstein Properties Fund, L.P. launched in 2005 and raised $475 million of equity commitments.