Over $100 M from Michael Dell-MSD-Partners fund heading to Ft Myers!

By
Services for Real Estate Pros

Over $100 million dollars of the MSD Partners, L.P., the investment advisor for Michael Dell’s MSD Capital, recently closed $1.1 billion dollar Real Estate Credit Opportunities Fund (RCOF) is headed to Fort Myers!

The MSD fund has a broad mandate to make commercial real estate loans and structured investments, and purchase real estate loans and securities. The fund is well positioned to deploy capital to a range of opportunities that will materialize as a result of the broader market environment~from someone based in Fort Myers it's exciting to see a sophisticated group like MSD chose Lee County to invest in!

Venetian Land Holdings, a Delaware Registered LLC was awarded the mortgage in the amount of $109,365,000 by MSD RCOF XVIII, an affiliate of New York-based MSD Capital in March 2021 according to the Lee County Clerk of Court-Official Records.

The Venetian Land Holdings project will be located at:
4211 COLONIAL BLVD
and
4100 SUNNY ASPEN CIRCLE

 

 

 

 

 

Comments (1)

Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Good morning! Sounds like great news and like you will be even busier soon.

Mar 31, 2021 07:30 AM