Marquee Capital to Launch Second Real Estate Fund

$100M Fund Will Focus on Retail, Seniors Housing & Opportunistic Real Estate Investments

MILWAUKEE--(BUSINESS WIRE)--Marquee Capital announced today that it is formally launching its second real estate fund, Marcus RE Fund II, LP, that will again focus on retail power centers in the greater Midwest, but also include Seniors Housing in multiple geographies as well as opportunistic real estate plays with proven sponsors. The firm seeks to raise $100M from other family offices, high-net-worth individuals, consultants, wealth managers and institutions. Marquee Capital recently rebranded from its former moniker, Berengaria Development, however the firm is still closely affiliated with Marcus Investments, the Marcus’ Family Office.

With over $300M in current assets under management, $700M+ in total transactions, 1.85M square feet of retail assets managed and 540 senior housing units, Marquee Capital is poised for continued growth in the coming decade.

Jay Peirick, Managing Partner of Marquee Capital, said, “Having successfully deployed the vast majority of capital from our inaugural fund along with significant co-investment capital, we are now ready to embark on our second fund. Marcus RE Fund II, LP will include similar type retail power centers as Marcus RE Fund I, LP but also include Seniors Housing and opportunistic investments to provide greater overall diversity to our investors. Combined, these asset types will provide stable current cash flow, along with extreme value-add opportunities in Seniors Housing. We feel this fund is again well-timed given the opportunities we are seeing currently and those we anticipate to see in the near future due to the various macroeconomic influences.“

About Marcus Investments, LLC & Marquee Capital

Marquee Capital, the real estate company under the Marcus Investments family office umbrella, has developed and/or managed more than $700 million of real estate nationwide since its inception in 2008. The company’s team of real estate and multi-vertical business experts is actively seeking opportunities to accelerate its growth, with a focus on acquiring open air retail shopping centers and seniors housing communities. Prospective retail opportunities should be sent to the attention of Jay Peirick, [e-mail] and prospective seniors housing opportunities should be sent to the attention of Dan Sisel, [e-mail].