$667M Raised for CRE Debt Fund

Published June 04, 2008, 1:00 p.m. EDT

1 Min Read

Capital Trust Inc., New York, has announced that $667 million in commitments has been raised from two institutional investors to form CT High Grade Partners II LLC, which will invest in "high-grade" commercial real estate debt. The fund will be managed by CT Investment Management Co., Capital Trust's wholly owned investment management subsidiary. Capital Trust, a real estate investment trust that specializes in investment management and finance, can be found on the Web at http://www.capitaltrust.com.

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