Real-Estate funds, Through the Roof!!

With a $1B Fund, new German Fund is Targeting Apartments in the US
The asset management arm of Signal Iduna Group called Hansainvest Hanseatische Investment-GmbH wants to invest in residential real estate in the US by creating a new real estate fund. This fund is also known as HANSA US Residential. Whoever wants a stake in solid core  American residential properties.  The fund will focus  on  institutional investors.
With plans for equity of about $500 million, their target volume of fund is $1 billion. The forecast for the distribution yield for investors is at 4.5 percent according to HANSA US Residential. In accordance with the German Capital Investment code or KAGB, the special fund will be traded under the legal form of a German real estate.
The fund manager, HANSAINVEST will partner with an apartment and Management Company which is focused on US multifamily communities called Bell Partners.  Bell Partners  will operate any acquisitions that will be made by new fund. As of the moment, they have 60,000 units under their management. Also known as one of the largest apartment renovators in the United States, they offer expertise when it comes to construction, risk management, property operations, market research and accounting.
Nicholas Brinckmann, the managing director of HANSAINVEST said that “This will enable us to be aligned and have common interests shared by the investors and our local partners.” They will invest in the fund as a co-investor.