Lone Star Value-Add Fund I
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2020
Vintage
Year -
$759 million
Fund Size
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30 months
Investment
Period -
9
Number of Investments
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$2.2 billion
Aggregate Purchase Price
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28
Number of Assets
Lone Star Value-Add Fund I, formed in August 2019, held its final closing in August 2020 with approximately $759 million in capital commitments. Over its 30 month investment period, Lone Star Value-Add Fund I invested its equity capital in nine investments comprised of 28 assets with an aggregate purchase price of approximately $2.2 billion. Transactions consummated by Lone Star Value-Add Fund I included investments in quality commercial real estate in developed markets of North America, Europe and Asia.
Lone Star Value-Add Fund I invested 59% of its equity capital in North America and 41% in Europe. Investments primarily consisted of value-add multifamily, student housing and office assets, which were acquired with a view to execute on value-add strategies.