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Real Capital Solutions Launches $350M Distressed Office Acquisition Fund
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Commercial Observer
Real Capital Solutions (RCS), a real estate investment firm headquartered in Colorado, has launched a new $350 million fund that will target acquiring distressed Class A and Class B offices across the U.S., Commercial Observer can first report.
The fund, RCS Contrarian Office Fund, plans to lever-up and ultimately acquire up to $850 million of office assets from the $350 million raised.
“While the office market continues to reset, we believe the long-term outlook for premier office assets is extremely strong,” Arsenault said in a statement.
“The whole office market today has been painted with the same brush, and the discounts go across the board, regardless if it’s trophy office or Class A, B or C buildings.”
The new $350 million RCS Contrarian Office Fund has already identified potential acquisition targets in at least 15 different markets, according to Abeln.