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Friday, January 4, 2013

South Florida Business Journal: Sterling Organization closes first fund with $138M


The South Florida Business Journal reports:

"Sterling Organization has announced the closing of its first fund with total capital commitments at $138 million.

The Palm Beach-based retail real estate investment and services company received commitments from investors that included endowments, family offices and public pension funds for its first fund, Sterling Value Add Partners, LP. Sterling exceeded its original fundraising target of $125 million."

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