New fund

Morningstar Properties closes largest fund to date

What's the deal? Self-storage specialist Morningstar PropertiesDealroom has a profile for this one. Try Dealroom → has closed its biggest fund to date, according to a report from PEI.

What's the endgame? The firm focuses on the self-storage sector, an asset class that continues to draw institutional real estate capital.

The signal: A record fund for a sector specialist underscores investor appetite for self-storage, seen as a resilient corner of the real estate market.

Read more: alpha-maven.com

Image credit: Scott Meyers Self Storage Investing

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