BGO Closes €1.38bn Europe Secured Lending Fund III, Exceeding Target

Miami-based real estate investment management advisor, BGO, has achieved a significant milestone by closing its third Europe Secured Lending Fund, securing a total of €1.38bn in commitments, surpassing the initial €1.35bn target. This success follows closely on the heels of BGO's UK secured lending strategy, which raised £1.43bn for its third fund in 2023. The firm, along with its predecessor, GreenOak Real Estate, has collectively raised over $7bn in the past decade, solidifying its position as a leading player in the debt strategy market.

GreenOak Real Estate, the precursor to BGO, laid the foundation for its European debt strategy over a decade ago. Since then, the firm has launched eight discretionary debt funds and invested more than $6.5bn in commercial real estate loans across Europe and the UK. BGO's strategic focus centers on mid-market senior and whole loans ranging from €25m to €300m, providing direct lending across various real estate asset classes, including logistics, multi-family residential, hospitality, retail, and office spaces. This latest accomplishment underscores BGO's commitment to delivering value and excellence in the real estate investment landscape.