Neuberger Berman Secures $1.05 Billion for Real Estate Secondary Opportunities Fund

February 27, 2025 - 00:59

Neuberger Berman has successfully closed its NB Real Estate Secondary Opportunities Fund II, raising an impressive $1.05 billion. This significant capital infusion marks a notable achievement for the firm as it aims to capitalize on the growing opportunities within the real estate secondary market.

The fund is designed to acquire interests in existing real estate funds, particularly those that are underperforming or facing challenges. By doing so, Neuberger Berman intends to provide liquidity solutions to investors while also positioning itself to benefit from potential value appreciation in the underlying assets.

The secondary market for real estate has gained prominence in recent years, driven by a variety of factors, including the need for liquidity among institutional investors and the desire to access high-quality assets at a discount. Neuberger Berman's latest fund reflects a strategic move to harness these trends, showcasing the firm's commitment to navigating the complexities of the real estate landscape. As the market evolves, the firm is poised to leverage its expertise to identify and capitalize on unique investment opportunities.