Palisades Mexico Partners has launched Palisades Income & Growth Fund II, which will make investments in US core-plus and value-add suburban office properties on behalf of US and Mexican high-net-worth investors.“We want to create a diversified portfolio approach to achieve income and growth perspective,” said Joaquin de Monet, founder and managing principal of Palisades Capital Realty Advisors. “We are buying middle-market suburban offices that are fairly stabilized and financing them with longer, fixed-rate loans ranging seven to 10 years. The play is long-term income on a long-term capital basis, and we want to keep the pool small, with a hard cap at $150m," he added.

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