{"id":1004160908,"date":"2016-12-14T08:43:16","date_gmt":"2016-12-14T16:43:16","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004160908"},"modified":"2022-12-08T19:55:42","modified_gmt":"2022-12-09T03:55:42","slug":"angelo-gordon-closes-850m-asia-realty-fund-iii","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/angelo-gordon-closes-850m-asia-realty-fund-iii\/","title":{"rendered":"Angelo, Gordon Closes $850M Asia Realty Fund III"},"content":{"rendered":"<p>By IvyLee Rosario<\/p>\n<div id=\"attachment_1004160918\" style=\"width: 260px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/wilson-leung-PS.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004160918\" data-attachment-id=\"1004160918\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/angelo-gordon-closes-850m-asia-realty-fund-iii\/wilson-leung-ps\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/wilson-leung-PS.jpg\" data-orig-size=\"250,250\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Wilson Leung, managing director &#038; head of Angelo, Gordon\u2019s Asian real estate\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Wilson Leung, managing director &#038; head of Angelo, Gordon\u2019s Asian real estate &lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/wilson-leung-PS.jpg?w=250\" class=\"wp-image-1004160918 size-full\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/wilson-leung-PS.jpg\" alt=\"Wilson Leung, managing director &amp; head of Angelo, Gordon\u2019s Asian real estate \" width=\"250\" height=\"250\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/wilson-leung-PS.jpg 250w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/wilson-leung-PS.jpg?resize=150,150 150w\" sizes=\"auto, (max-width: 250px) 100vw, 250px\" \/><\/a><p id=\"caption-attachment-1004160918\" class=\"wp-caption-text\">Wilson Leung, managing director &amp; head of Angelo, Gordon\u2019s Asian real estate<\/p><\/div>\n<p><strong>New York<\/strong>\u2014Angelo, Gordon &amp; Co. has announced the closing of its AG Asia Realty Fund III, with total capital commitments of $850 million, exceeding the original target amount of $750 million.<\/p>\n<p>&#8220;We are grateful for the strong support we received from new and existing limited partners to close our third fund,&#8221; said Wilson Leung, managing director &amp; head of Asian real estate at Angelo, Gordon, in prepared remarks. &#8220;We continue to see highly compelling real estate investment opportunities in Japan, Korea and Greater China and believe our deep, longstanding relationships with our local operating partners positions us well to generate attractive returns.\u201d<\/p>\n<p>The fund will seek to capitalize on value-add turnaround and development with an emphasis on China, Hong Kong, South Korea and Japan, by purchasing sub-performing assets which often require significant repositioning, lease-up or development to stabilize.<\/p>\n<p>AG Asia Realty Fund III comes after successful closings for Angelo, Gordon\u2019s US-focused opportunistic and core plus funds, bringing nearly $3.5 billion of new capital to\u00a0the company&#8217;s\u00a0global real estate platform. Angelo, Gordon has invested around $1.9 billion of equity in 58 real estate deals in Asia since 2005. AG Asia Realty Fund III\u2019s predecessor funds, AG Asia Realty Fund II and AG Asia Realty Fund I, were $616 million and $526 million, respectively.<\/p>\n<p><em>Image courtesy of Angelo, Gordon &amp; Co.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Angelo, Gordon &amp; Co. has invested around $1.9 billion of equity in 58 real estate deals in Asia since 2005. <\/p>\n","protected":false},"author":746,"featured_media":1004160918,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,16,21783,1600,21742,10],"tags":[33013,33014],"class_list":["post-1004160908","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-international","category-investment","category-new-york","category-latest","category-northeast","tag-angelo","tag-gordon-and-company"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Angelo, Gordon Closes $850M Asia Realty Fund III - 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\/angelo-gordon-closes-850m-asia-realty-fund-iii\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Angelo, Gordon Closes $850M Asia Realty Fund III\" \/>\n<meta property=\"og:description\" content=\"Angelo, Gordon &amp; Co. has invested around $1.9 billion of equity in 58 real estate deals in Asia since 2005.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/angelo-gordon-closes-850m-asia-realty-fund-iii\/\" \/>\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=\"2016-12-14T16:43:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T03:55:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/wilson-leung-PS.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"250\" \/>\n\t<meta property=\"og:image:height\" content=\"250\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"IvyLee Rosario\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/angelo-gordon-closes-850m-asia-realty-fund-iii\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/angelo-gordon-closes-850m-asia-realty-fund-iii\/\",\"name\":\"Angelo, Gordon Closes $850M Asia Realty Fund III - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/angelo-gordon-closes-850m-asia-realty-fund-iii\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/angelo-gordon-closes-850m-asia-realty-fund-iii\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/wilson-leung-PS.jpg\",\"datePublished\":\"2016-12-14T16:43:16+00:00\",\"dateModified\":\"2022-12-09T03:55:42+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f2094ece0e063845f848c7f1c7b84780\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/angelo-gordon-closes-850m-asia-realty-fund-iii\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/angelo-gordon-closes-850m-asia-realty-fund-iii\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/angelo-gordon-closes-850m-asia-realty-fund-iii\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/wilson-leung-PS.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/wilson-leung-PS.jpg\",\"width\":250,\"height\":250,\"caption\":\"Wilson Leung, managing director & head of Angelo, Gordon\u2019s Asian real estate\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/angelo-gordon-closes-850m-asia-realty-fund-iii\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Angelo, Gordon Closes $850M Asia Realty Fund III\"}]},{\"@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\/#\/schema\/person\/image\/\",\"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":"Angelo, Gordon Closes $850M Asia Realty Fund III - 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\/angelo-gordon-closes-850m-asia-realty-fund-iii\/","og_locale":"en_US","og_type":"article","og_title":"Angelo, Gordon Closes $850M Asia Realty Fund III","og_description":"Angelo, Gordon &amp; Co. has invested around $1.9 billion of equity in 58 real estate deals in Asia since 2005.","og_url":"https:\/\/www.commercialsearch.com\/news\/angelo-gordon-closes-850m-asia-realty-fund-iii\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2016-12-14T16:43:16+00:00","article_modified_time":"2022-12-09T03:55:42+00:00","og_image":[{"width":250,"height":250,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/wilson-leung-PS.jpg","type":"image\/jpeg"}],"author":"IvyLee Rosario","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/angelo-gordon-closes-850m-asia-realty-fund-iii\/","url":"https:\/\/www.commercialsearch.com\/news\/angelo-gordon-closes-850m-asia-realty-fund-iii\/","name":"Angelo, Gordon Closes $850M Asia Realty Fund III - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/angelo-gordon-closes-850m-asia-realty-fund-iii\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/angelo-gordon-closes-850m-asia-realty-fund-iii\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/wilson-leung-PS.jpg","datePublished":"2016-12-14T16:43:16+00:00","dateModified":"2022-12-09T03:55:42+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f2094ece0e063845f848c7f1c7b84780"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/angelo-gordon-closes-850m-asia-realty-fund-iii\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/angelo-gordon-closes-850m-asia-realty-fund-iii\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/angelo-gordon-closes-850m-asia-realty-fund-iii\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/wilson-leung-PS.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/wilson-leung-PS.jpg","width":250,"height":250,"caption":"Wilson Leung, managing director & head of Angelo, Gordon\u2019s Asian real estate"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/angelo-gordon-closes-850m-asia-realty-fund-iii\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Angelo, Gordon Closes $850M Asia Realty Fund III"}]},{"@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\/#\/schema\/person\/image\/","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\/12\/wilson-leung-PS.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004160908","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=1004160908"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004160908\/revisions"}],"predecessor-version":[{"id":1004613705,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004160908\/revisions\/1004613705"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004160918"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004160908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004160908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004160908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}