April 26, 2023 | Paul Bubny, ConnectCRE Los Angeles
Culver City-based Primestor Development, a leading minority-owned and minority-led urban impact real estate developer and investor, said Wednesday it held its first closing for The Urban Vision Fund I, anchored by an equity commitment through Belay Investment Group of up to $100 million and a $25 million equity commitment from LGT Capital Partners. The fund is ultimately targeting $300 million.