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Acadia Realty Leads Latest Round of CRE Fundraising that Could Generate $5 Billion in Deals

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Acadia Realty Trust successfully raised $520 million in commitments for its latest real estate invesment fund, Acadia Strategic Opportunity Fund V, the largest of several fundraising closings in the past week that could generate nearly $5 billion in property deals in the coming months. Acadia Strategic Opportunity Fund V is Rye, NY-based Acadia's fifth in a series of institutional funds it has raised for making opportunistic and value-add investments...

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