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Real Estate/Development

Jan. 20, 2016

Pathfinder Partners closes real estate fund

One of the fund's acquisitions was a $16.2 million Pacific Beach property.

Pathfinder Partners LLC, has closed Pathfinder Partners Opportunity Fund V, L.P., the firm's fifth fund focused on acquiring real estate assets in mid-tier cities throughout the West. One of the fund's acquisitions was a Pacific Beach property.

The San Diego-based company has been acquiring value-add, opportunistic and distressed real estate since 2006, and said in a release it had received $87 million in commitments for Fund V, with the final closing late last month.

"With se...

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