$200M Fund from Rockville-based Finesa Makes First Acquisition
Rockville, MD-based Finesa Real Estate Group has made its first investment with its $200 million equity fund, Diversified International Partners (DIP).
Finesa has closed on a $10.1MM investment called Sixth Avenue West, a 125,000 square foot commercial office building located in the West Denver submarket.
The building is less than one minute from the 6th Avenue Freeway and 15 minutes west of Downtown Denver.
DIP is a real estate private equity fund developed for Latin American institutional and qualified high net worth investors. Transwestern Investment Management (TIM) is the exclusive investment manager and, as such, managed the acquisition process. DIP is seeking investments across the country, focusing on multi-family, retail, office, and industrial/flex properties.
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