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November 29, 2017  

JCR Holds First Close for 4th Fund

JCR Capital has raised $146 million of initial equity for its fourth real estate fund.The Denver operator has set an overall goal of $250 million to $300 million for the vehicle, JCR Capital Income Plus Fund 4.The sponsor, which is shooting for a 12% return, primarily will invest in preferred equity and team up with partners on property acquisitions. The origination of mezzanine loans is also an option.The fund, which held its first close last...

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