Are Interval Funds the Next Big Thing in Real Estate Investment?
October 5, 2016 | Beth Mattson-Teig | National Real Estate Investor
Griffin Capital Corp. is celebrating a $1 billion milestone for its Griffin Institutional Access Real Estate Fund (GIREX). The fund hit that mark in total assets under management well ahead of expectations, a little more than two years after its June 2014 launch date.
Griffin has emerged as a leader in what has the potential to be a growing niche for real estate interval funds. Although interval funds have been around for a long time, real estate interval funds specifically surfaced about five years ago and they are just beginning to gain traction.
Currently, there are only a few active real estate interval funds. However, Griffin’s success is attracting more players. There are a number of new funds in the pipeline that are at various stages in the SEC registration process.Go Back
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