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Black Creek CEO Raj Dhanda Talks About Why It Still Makes Sense to Buy Industrial Assets

NREI: Despite low cap rates, Black Creek still sees opportunities in industrial acquisitions. NREI recently talked to the firms CEO, Raj Dhanda, about recent capital raising and the market climate for new acquisition and development opportunities: Black Creek’s holdings currently span about 67 million sq. ft. of industrial, multifamily, office and retail assets. The firm's fundraising had surged to $702 million through July 31, 2019, including $290 million in equity commitments from institutions. During the first seven months of the year, the firm acquired 4.7 million sq. ft. of assets and has 3 million sq. ft. of industrial properties under construction.