Paul Hastings represented Artemis Real Estate Partners, LLC in the formation of Artemis Real Estate Partners Fund III, a new real estate private equity fund that secured more than $1 billion of capital commitments to make value-add investments in commercial real estate.
Capital commitments were secured from a diverse institutional investor base including public pension funds, university endowments, private foundations and family offices.
Paul Hastings also represented the fund in establishing a subscription line credit facility.
Artemis Real Estate Partners, LLC is a private equity real estate investment manager headquartered in the Washington D.C. metropolitan area. Paul Hastings has worked with Artemis since its inception, and has represented Artemis in the formation of numerous prior real estate investment funds and separate accounts.
Private Investment Funds partner Joshua Sternoff (Picture) and associate Max Rosenberg led the Paul Hastings team, with assistance from Tax associate Josh Milgrom and Private Investment Funds associates Justin Samson and Christina Lee. Corporate partner Thomas Rao led the efforts in establishing the subscription line credit facility.
Involved fees earner: Christina Lee – Paul Hastings; Max Rosenberg – Paul Hastings; Joshua Milgrom – Paul Hastings; Thomas Rao – Paul Hastings; Justin Samson – Paul Hastings; Joshua Sternoff – Paul Hastings;
Law Firms: Paul Hastings;
Clients: Artemis Real Estate Partners LLC;