Pennsylvania-based 5 Cap Realty LLC (5 Cap) and its affiliate RREIC Advisors has teamed with a private equity fund vehicle managed by JMP Asset Management LLC, an affiliate of publicly traded JMP Group LLC, to launch a multi-year national investment venture that could top $1 billion in assets under management.
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Cities are recognizing the risks associated with rising water levels, natural disasters, and potential epidemics. Sustainability is now an accepted part of the development “ethos” in real estate, along with increased efforts toward urban resilience. ULI’s Greenprint Center, the District of Columbia government, and Fannie Mae are among those public and private organizations at the forefront of advancing urban resiliency. Read Leslie’s Urban Land magazine for the latest information.