Macomb County Retirement Commits $7.5M to Real Estate

The Macomb County Retirement System approved the commitment of $7.5 million to the TerraCap Fund IV, according to meeting minutes from the October 19th board meeting. 

The Retirement System’s commitment pacing plan calls for $15 million in commitments to value-add real estate for 2023, but the full amount was not allocated at this time.

AndCo assisted with the investment.

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