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Follow on Google News | Pathfinder Partners Launches New Opportunity FundFund V to Concentrate on Residential, Multifamily Acquisitions in Western U.S.
By: Pathfinder Partners According to Mitch Siegler, senior managing director/co- The goal of the fund is to capitalize on the best investment opportunities for residential real estate investments – both rental and for sale – in San Diego, Denver, Phoenix, Seattle and Portland, among others cities, Siegler said. The fund will secondarily pursue select redevelopment and ground-up development opportunities and commercial opportunities in its western U.S. target markets. “Our focus is on well-located properties in cities with diversified economies, growing populations, educated workforces, strong educational and technology components and solid transportation infrastructure and recreational and cultural activities,” Ultimately, Siegler said, the strategy is to “add considerable value and transform a property quickly – strategically investing capital in quality projects acquired from distressed or fatigued ownership which have previously been undermanaged and which we can reposition to generate superior returns for our investors.” This is the firm’s fifth broad-based opportunistic fund; Pathfinder has also raised separate funds targeting single-family rental aggregation and luxury home repositioning strategies. About Pathfinder Partners, LLC Headquartered in San Diego, Pathfinder Partners was founded by Lorne Polger and Mitch Siegler in 2006 to make opportunistic investments in distressed real estate assets and defaulted loans and value-add properties. In addition to seeking opportunities to add value by providing liquidity to selling financial institutions, liquidating funds and fatigued owners, Pathfinder also seeks to maximize value through property enhancements, improvements in operations and marketing, property repositioning and other strategies. For more information, visit www.pathfinderfunds.com. MEDIA CONTACT: Sydnie Moore (619) 823-8448 (tel:%28619%29% End
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