Expansion of Targeted Real Estate Equities
Allura Global ("Alura") is pleased to announce the development and expansion of our real estate business. As you may recall, Allura partnered with Targeted Real Estate Equities LLC ("Targeted") from Valorem Real Estate Partners LLC ("Valorem"), an entity created to allow direct investments into real estate by individual investors, family offices, and other private investors.
“Allura has now expanded the business and taken a direct ownership stake in Targeted.” Stated Marcum King, Managing Director of Allura Capital and the day-to-day member of our team that will interact with Targeted. "As we have spent more time together with Daniel Steinberg, the founder of Targeted, we realized the growth opportunities in the business and wanted to help gain scale and grow".
"Targeted has many exciting opportunities for interested parties. From individual investments in real assets, a fund to allow for diversification in the real estate space, to brokerage and advisory/development. We are very excited to grow our relationship with Marcum and Allura and look forward to the growth that will result from this reorganization."
For more information on how to participate contact Marcum King at mdking@targetedre.com or Daniel Steinberg at djsteinberg@targetedre.com.
