Former Owner Of Greenway Plaza Prepares $4B For New Investments

Bisnow Archives

Forth Worth-based mega-investor and co-founder of Crescent Real Estate Equities John Goff has established a $4B investment fund to be used for commercial real estate opportunities. The fund will be known as the GP Invitation Fund (GPIF) and was closed after a campaign raised $200M, reports Realty News Report. GPIF will target all real estate property types, primarily focused in US markets.

The fund has already closed or committed to six new investments totaling $400M. Crescent Real Estate Holdings and Goff Capital Partners have combined to help manage the fund. The new fully integrated company will operate under the name Crescent Real Estate with John Goff serving as chairman. [RNR]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Houston Newsletters
Related Stories

2 Major H&R REIT Shareholders Plan To Vote To Block $5B Breakup

Receiver Appointed For X Denver Apartment Building Near Coors Field

Law Firm Moves Into New Office Space At TC Energy Center: The Houston Deal Sheet

Service Properties Trust Gets Surprise $2B Cash Bid For 93 Hotels

'Very Desirable Market': Investment Surges Across Houston's Westchase District

3 Houston Office Properties, Vacant To Nearly Full, Change Hands

How U.S. Giant Realty Income Bought The UK And Europe

Hurricane Isaias Puts More Than $40B In Multifamily Property In Its Path

Grafton Place Scheme Comes To Market Again, Guiding At €250M

Braemar Inches Closer To Ashford Breakup With $372M Hotel Sale

How Houston's Next Generation Of Retail Can Elevate The Suburbs And Attract Customers

Distress Divide: How Private vs. Institutional Investors Are Thinking About D.C. Office