Real Estate
We target middle market opportunities through open architecture investments focused on capturing fee alpha and value creation
Our real estate investments platform provides a differentiated access point to the real estate market. We target exposure to opportunistic middle market real estate through economically efficient structures including seed investments, joint ventures, and co-investments, as well as fund investments on a primary and secondary basis. Our open architecture platform is focused on capturing fee alpha and value creation at all levels of real estate ownership and can flexibly invest across the capital stack at the property, portfolio, and entity levels.
How We Invest
Seeding Strategies
Capital for early-stage managers through programmatic joint ventures or anchor fund investments in return for preferential economics inclusive of revenue shares.
Joint Ventures
Investments with talented operators and firms who specialize in a particular market or asset type with a focus on niche and nascent strategies.
Co-Investments
Investments made directly into an asset or portfolio alongside a manager’s fund or other investment vehicle.
Fund Investments
Investments in a manager’s fund on either a primary or secondary basis.
Why GCM Grosvenor for Real Estate?
Experienced real estate investors
Our dedicated team has extensive direct investing experience throughout the risk spectrum.
Middle market focus
We seek to capitalize on the fragmented middle market with higher entry yields and discounted pricing to provide differentiated, complementary exposure.
Open architecture investing
Our flexible investment approach provides us with the ability to invest via a wide range of structures such as joint ventures and seed investments, co-investments, secondaries, and fund investments.
Value-add partners for growth
Our early investments with managers seek to reduce the overall fee load, generate fee alpha, and grow alongside managers by sharing in the economics of seeded managers.
Related News and Insights
Ethos Real Estate Closes Second Multifamily Acquisition as Part of Joint Venture with GCM Grosvenor Programs
CHICAGO and LOS ANGELES, Jan. 12, 2023 — Ethos Real Estate, an affordable and mixed-income multifamily investment firm, today announced the company has closed on the $76 million purchase of the Residences at Woodlake, a 276-unit multifamily property in the Crenshaw District of Los Angeles. Under the deal, Ethos will …
Matter Real Estate welcomes GCM Grosvenor funds as a new strategic investor as part of a £140m equity recapitalisation of Placefirst
LONDON, July 05, 2022 — Matter Real Estate (“Matter”), a real estate investment firm focused on value-add and opportunistic real estate across evolving sectors in Europe, is proud to announce GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, as a strategic investor in a £140m equity recapitalisation …
Data is as of March 31, 2023 unless otherwise noted. AUM data includes real estate investments made prior to the forming of our dedicated real estate team in 2010.
*Data as of December 31, 2022.
Number of investments represents deals made since 2010 when the Real Estate team was founded.
No assurance can be given that any investment will achieve its objectives or avoid losses. Unless apparent from context, all statements herein represent GCM Grosvenor’s opinion.