{"id":1004158606,"date":"2016-11-09T00:04:29","date_gmt":"2016-11-09T08:04:29","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004158606"},"modified":"2020-05-18T04:31:14","modified_gmt":"2020-05-18T12:31:14","slug":"transwestern-closes-160m-real-estate-fund","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/transwestern-closes-160m-real-estate-fund\/","title":{"rendered":"Transwestern Closes $160M Real Estate Fund"},"content":{"rendered":"

By IvyLee Rosario<\/p>\n

Dallas<\/strong>\u2014Transwestern Investment Group<\/a> announced the closing of TSP Value and Income Fund I, a diversified, value-add fund that emphasizes income, disciplined risk management and proactive portfolio management, totaling $160 million.<\/p>\n

\"One<\/a>

One of the fund properties, Lincoln Town Center in Scottsdale, Arizona<\/p><\/div>\n

The fund is principally invested in industrial<\/a> and office<\/a> assets in major and secondary markets with strong economic drivers, supply constraints and liquidity. It has acquired more than 3.6 million square feet of industrial assets in Chicago<\/a>; Indianapolis<\/a>; Columbus<\/a>; Louisville, Ky.; and Austin<\/a>, Texas, as well as more than 900,000 square feet of office assets in San Jose, Calif.; Scottsdale, Ariz., and Atlanta<\/a>.<\/p>\n

\u201cWe are pleased to close the TSP Value and Income Fund I with such resounding success,\u201d said Laurie Dotter, president of Transwestern, in a statement. \u201cWe appreciate the trust of our institutional investors and their confidence in the combination of our independent investment management team and our nationwide operating platform to generate attractive risk-adjusted returns.\u201d<\/p>\n

Transwestern has $3.1 billion in assets under management and provides investors with the benefits of investing with a real estate operator versus a traditional capital allocator.<\/p>\n

\u201cOur guiding philosophy is to provide investors the least risky path to achieve value-add returns,\u201d said Scott Fitzgerald, fund manager & executive managing director of Transwestern. \u201cWith approximately 85 percent of the capital invested to date, we are generating current cash-on-cash returns in excess of 9 percent with an expected gross internal rate of return of 16.5 percent.\u201d<\/p>\n

Following on the success of Fund I, the company plans to launch TSP Value and Income Fund II in early 2017.<\/p>\n","protected":false},"excerpt":{"rendered":"

Following on the success of Fund I, Transwestern plans to launch TSP Value and Income Fund II in early 2017.<\/p>\n","protected":false},"author":746,"featured_media":1004158607,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1586,21748,21783,21742,21747],"tags":[],"class_list":["post-1004158606","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dallas","category-industrial","category-investment","category-latest","category-office"],"acf":[],"yoast_head":"\nTranswestern Closes $160M Real Estate Fund - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/transwestern-closes-160m-real-estate-fund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Transwestern Closes $160M Real Estate Fund\" \/>\n<meta property=\"og:description\" content=\"Following on the success of Fund I, Transwestern plans to launch TSP Value and Income Fund II in early 2017.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/transwestern-closes-160m-real-estate-fund\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-11-09T08:04:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-18T12:31:14+00:00\" \/>\n<meta name=\"author\" content=\"IvyLee Rosario\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Lincoln-Town-Centre.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/transwestern-closes-160m-real-estate-fund\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/transwestern-closes-160m-real-estate-fund\\\/\"},\"author\":{\"name\":\"IvyLee Rosario\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/f2094ece0e063845f848c7f1c7b84780\"},\"headline\":\"Transwestern Closes $160M Real Estate Fund\",\"datePublished\":\"2016-11-09T08:04:29+00:00\",\"dateModified\":\"2020-05-18T12:31:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/transwestern-closes-160m-real-estate-fund\\\/\"},\"wordCount\":273,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/transwestern-closes-160m-real-estate-fund\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/11\\\/Lincoln-Town-Centre.jpg\",\"articleSection\":[\"Dallas\",\"Industrial\",\"Investment\",\"News\",\"Office\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/transwestern-closes-160m-real-estate-fund\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/transwestern-closes-160m-real-estate-fund\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/transwestern-closes-160m-real-estate-fund\\\/\",\"name\":\"Transwestern Closes $160M Real Estate Fund - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/transwestern-closes-160m-real-estate-fund\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/transwestern-closes-160m-real-estate-fund\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/11\\\/Lincoln-Town-Centre.jpg\",\"datePublished\":\"2016-11-09T08:04:29+00:00\",\"dateModified\":\"2020-05-18T12:31:14+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/f2094ece0e063845f848c7f1c7b84780\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/transwestern-closes-160m-real-estate-fund\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/transwestern-closes-160m-real-estate-fund\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/transwestern-closes-160m-real-estate-fund\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/11\\\/Lincoln-Town-Centre.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/11\\\/Lincoln-Town-Centre.jpg\",\"width\":4026,\"height\":2100,\"caption\":\"One of the fund properties, Lincoln Town Center in Scottsdale, Arizona\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/transwestern-closes-160m-real-estate-fund\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Transwestern Closes $160M Real Estate Fund\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/f2094ece0e063845f848c7f1c7b84780\",\"name\":\"IvyLee Rosario\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/05\\\/IvyLee_Rosario.jpg?w=67\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/05\\\/IvyLee_Rosario.jpg?w=67\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/05\\\/IvyLee_Rosario.jpg?w=67\",\"caption\":\"IvyLee Rosario\"},\"description\":\"IvyLee Rosario is a Senior Associate Editor for Commercial Property Executive and Multi-Housing News. She has a background in Journalism and joined the team in 2016. She produces the MHN Daily newsletter, manages byline content, oversees the Research Center for both brands and hosts the Multifamily's Top Marketers podcast. Connect with her here\u2014Twitter: @IvyLeeRosario and LinkedIn: https:\\\/\\\/www.linkedin.com\\\/in\\\/ivyleerosario\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/ivyleerosario\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Transwestern Closes $160M Real Estate Fund - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/transwestern-closes-160m-real-estate-fund\/","og_locale":"en_US","og_type":"article","og_title":"Transwestern Closes $160M Real Estate Fund","og_description":"Following on the success of Fund I, Transwestern plans to launch TSP Value and Income Fund II in early 2017.","og_url":"https:\/\/www.commercialsearch.com\/news\/transwestern-closes-160m-real-estate-fund\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2016-11-09T08:04:29+00:00","article_modified_time":"2020-05-18T12:31:14+00:00","author":"IvyLee Rosario","twitter_card":"summary_large_image","twitter_image":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Lincoln-Town-Centre.jpg","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/transwestern-closes-160m-real-estate-fund\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/transwestern-closes-160m-real-estate-fund\/"},"author":{"name":"IvyLee Rosario","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f2094ece0e063845f848c7f1c7b84780"},"headline":"Transwestern Closes $160M Real Estate Fund","datePublished":"2016-11-09T08:04:29+00:00","dateModified":"2020-05-18T12:31:14+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/transwestern-closes-160m-real-estate-fund\/"},"wordCount":273,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/transwestern-closes-160m-real-estate-fund\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Lincoln-Town-Centre.jpg","articleSection":["Dallas","Industrial","Investment","News","Office"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/transwestern-closes-160m-real-estate-fund\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/transwestern-closes-160m-real-estate-fund\/","url":"https:\/\/www.commercialsearch.com\/news\/transwestern-closes-160m-real-estate-fund\/","name":"Transwestern Closes $160M Real Estate Fund - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/transwestern-closes-160m-real-estate-fund\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/transwestern-closes-160m-real-estate-fund\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Lincoln-Town-Centre.jpg","datePublished":"2016-11-09T08:04:29+00:00","dateModified":"2020-05-18T12:31:14+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f2094ece0e063845f848c7f1c7b84780"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/transwestern-closes-160m-real-estate-fund\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/transwestern-closes-160m-real-estate-fund\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/transwestern-closes-160m-real-estate-fund\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Lincoln-Town-Centre.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Lincoln-Town-Centre.jpg","width":4026,"height":2100,"caption":"One of the fund properties, Lincoln Town Center in Scottsdale, Arizona"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/transwestern-closes-160m-real-estate-fund\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Transwestern Closes $160M Real Estate Fund"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f2094ece0e063845f848c7f1c7b84780","name":"IvyLee Rosario","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/IvyLee_Rosario.jpg?w=67","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/IvyLee_Rosario.jpg?w=67","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/IvyLee_Rosario.jpg?w=67","caption":"IvyLee Rosario"},"description":"IvyLee Rosario is a Senior Associate Editor for Commercial Property Executive and Multi-Housing News. She has a background in Journalism and joined the team in 2016. She produces the MHN Daily newsletter, manages byline content, oversees the Research Center for both brands and hosts the Multifamily's Top Marketers podcast. Connect with her here\u2014Twitter: @IvyLeeRosario and LinkedIn: https:\/\/www.linkedin.com\/in\/ivyleerosario\/","url":"https:\/\/www.commercialsearch.com\/news\/author\/ivyleerosario\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Lincoln-Town-Centre.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004158606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/746"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004158606"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004158606\/revisions"}],"predecessor-version":[{"id":1004444263,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004158606\/revisions\/1004444263"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004158607"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004158606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004158606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004158606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}