To be deployed in conjunction with Crosland’s corporate capital investments and focused primarily on land acquisition, the Southeastern Investment Fund is designed to allow Crosland to pursue large-scale, longer-range developments of all types. However, it will primarily seek multiuse and mixed-use developments with residential, retail and/or office uses. The fund will also invest with Crosland in vertical development projects that may occur on land purchased by the fund. Land acquisition will be focused on urban infill redevelopment as well as outlying growth corridors.
The fund is managed by Jamie Dunn, Crosland’s vice president of investments, and Perry Reader, Florida division president. M3 Capital Partners LLC served as the exclusive financial advisor to Crosland in the formation of the fund.
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source: frej.net
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