San Francisco-based Lift Partners Raises $50MM Discretionary Fund

https://news.theregistrysf.com/san-francisco-based-lift-partners-raises-50mm-discretionary-fund/

Lift Partners, a real estate operating company headquartered in San Francisco, is pleased to announce the closing of Lift Real Estate Partners Fund I, LP. The $50 million discretionary vehicle has the potential to grow to $100M in equity commitments based on market conditions and opportunities. The Fund will target valueadd and opportunistic investments in the industrial and office sectors. Lift Partners will continue to utilize its local expertise and extensive relationships to acquire, reposition and operate assets in Bay Area and Seattle MSAs which has been its practice since forming the company in 2015.

Co-Managing Partner Patrick Fisher who led the fundraise process on behalf of Lift said “The new Fund allows us to deploy approximately $150M of discretionary capital when leveraged. We’re very excited about this milestone for our company.”

Goodwin Procter LLP advised Lift Partners on the fundraise. No placement agent was involved in the fundraise.

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