Press Release September 08, 2017

DivcoWest Raises $1.59 Billion for Latest Fund

Goodwin’s Real Estate Investment Funds team advised DivcoWest Real Estate Services in a $1.59 billion fundraising round for its value-add fund, DivcoWest Fund V.  DivcoWest’s initial target was $1.5 billion.

DivcoWest is a privately owned real estate investment firm with offices in San Francisco and Boston. The company has acquired more than 30 million square feet of commercial space throughout the United States.

The Goodwin team was led by partner John Ferguson and included partners Neal Sandford, Brynn Peltz and Scott Webster and associates Peter Spaziani, Krista Giannattasio, Jackie Cangero and Eliza Reed.

Coverage of the fundraising was noted in Commercial Real Estate Direct.