LaSalle Renames U.S. Debt Fund Platform LaSalle Debt Investors
CHICAGO (February 05, 2020) — LaSalle Investment Management (“LaSalle” or “the company”) today announced it has renamed its U.S. debt fund platform to LaSalle Debt Investors (“LDI”). LaSalle completed the acquisition of LDI’s $1.2 billion debt fund business, known previously as Latitude Management Real Estate Investors, in January 2019.
Additional information can be found by visiting: https://www.lasalle.com/investment-opportunities/ldi/ldi-us.
Following a successful integration into LaSalle’s Americas business in 2019, LDI continues to execute its strategy of originating new bridge loans for value-add and transitional properties in sustainable growth markets throughout the United States.
LDI has managed a series of commingled debt funds, the fourth and most recent having a total equity raised of approximately $480 million. LDI’s cycle-tested management team and vertically integrated platform has supported LDI’s ability to close over $4 billion in transactions across all primary commercial real estate property types. LaSalle Debt Investors seeks to generate favorable risk-adjusted returns for investors by targeting middle market bridge loans to experienced sponsors with business plans that generate increasing operating income through value-add capital improvements, leasing strategies, and active asset management.
About LaSalle Investment Management
LaSalle Investment Management is one of the world's leading real estate investment managers. On a global basis, LaSalle manages approximately $69.5 billion of assets in private and public real estate property and debt investments as of Q4 2019. LaSalle's diverse client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals from across the globe. LaSalle sponsors a complete range of investment vehicles including separate accounts, open- and closed-end funds, public securities and entity-level investments. For more information please visit http://www.lasalle.com, and LinkedIn.
NOTE: This information discussed above is based on the market analysis and expectations of LaSalle and should not be relied upon by the reader as research or investment advice regarding LaSalle funds or any issuer or security in particular. The information presented herein is for illustrative and educational purposes and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy in any jurisdiction where prohibited by law or where contrary to local law or regulation. Any such offer to invest, if made, will only be made to certain qualified investors by means of a private placement memorandum or applicable offering document and in accordance with applicable laws and regulations. Past performance is not indicative of future results, nor should any statements herein be construed as a prediction or guarantee of future results.