April 20, 2023

Willkie represented Standard Real Estate Investments, LP, a minority-owned national real estate investment and development firm, in its new $150 million programmatic investment venture with funds managed by GCM Grosvenor.

Announced on April 19, the partnership will target equity investments in approximately $150 million of industrial property developments nationwide. The venture plans to make three to four investments over the next 12-18 months, with a focus on shovel-ready warehouse/logistics properties in major logistics markets.

Standard Real Estate Investments is a national allocator of development capital, operated by a leadership team that previously invested in over $8 billion of assets. The company also runs a direct development business covering the Mid-Atlantic region.

GCM Grosvenor is a global alternative asset management solutions provider with approximately $74 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies.

The Willkie team was led by partner Carly Glover Saviano and included partners David Hong, Guy Inbar and Alexander Ryan and associate Amanda Searles.