Value-Add & Distressed Property Investment: $100M Bradford Fund Launched

Bradford Companies is seeking value-add office and industrial assets that have been affected by capital market challenges. The Dallas-based company recently raised a $100 million fund, Bradford Opportunity Fund II, to focus exclusively on the Dallas/Ft. Worth metro area. According to Kevin Santaularia, President and CEO of Bradford Property Company Inc., “the current high interest rate environment has lenders locked up and owners needing to trade out of assets with financing issues.” As manager and general partner of its funds, the full-service commercial real estate brokerage firm manages 15 million square feet in North Texas for major institutions, lenders pension fund advisors and investors.