The CRE Equity Alert

Real-Time Intelligence on Commercial Real Estate Capital Raises


August 16, 2025

Last Week’s CRE Offerings Recap (Aug 12–16)

  • Total Offerings: 90

  • Total Offering Amount: $2.1 Billion

  • Number of Funds: 17

  • Number of Single-Asset Offerings: 73

In Today’s Edition

Today’s alert features 12 offerings totaling approximately $565 million, including offerings from WSI, aDoor Property Management, and Affinity Property Partners. Sponsors are located in Appleton, WI, Pensacola, FL, and Austin, TX.

Offering Amounts range from $1.5 million to $500 million, with Minimum Investments up to $100,000. Today’s offerings include 2 funds and 10 single-asset offerings.

GPs in Focus

With over 14 million square feet of strategically located warehouse space and a history dating back to 1966, WSI combines industrial real estate expertise with cutting-edge logistics to support investors, manufacturers, and retailers.

The company has a commercial footprint of multi-tenant and dedicated facilities, backed by an in-house team skilled in site selection, real estate negotiations, and property operations. WSI employs approximately +/- 746 people.

Offering Name: Steel Beacon RE Fund 1, LP

Offering Amount: $500,000,000

Investment Minimum: $0

Type of Offering: 506(b)

aDoor Property Management is a Pensacola, FL‑based real estate brokerage and full‑service property management firm specializing in long‑term residential leasing. The firm was founded in 2020 and offers end-to-end management—covering marketing, leasing, inspections, maintenance, lease enforcement, move-outs, and security deposit claims.

aDoor actively manages homes throughout the Pensacola area—including new developments in the Panhandle and neighboring Alabama. aDoor recently expanded its footprint with 90 renovated units in downtown Pensacola. The firm employs approximately +/- 3 people.

Offering Name: Tiger Point Apartments, LLC

Offering Amount: $11,000,000

Investment Minimum: $100,000

Type of Offering: 506(b)

Affinity Property Partners is a real estate investment firm focused on acquiring value-add multifamily assets in high-growth U.S. markets. The firm sources properties that align with its conservative underwriting standards and long-term wealth-building strategy.

The firm specializes in repositioning B and C-class properties through operational efficiencies and targeted improvements that drive NOI and property value. With a track record targeting 15%+ IRR and 2x equity multiples, Affinity empowers investors to scale their passive income while contributing to tenant-focused community enhancements. George Manthos founded this firm and currently employs approximately +/- 3 people.

Offering Name: GMM MANAGEMENT ENTERPRISES LLC

Offering Amount: $10,000,000

Investment Minimum: $25,000

Type of Offering: 506(b)

CRE Capital Raises: August 16

GP/Sponsor

Location

Offering Name

Minimum Investment

$ Offering Amount

Acuere Capital Partners

AUSTIN, TX

Acuere Capital Partners, LLC - ACP Swayback

0

$6,000,000

Balboa Real Estate Partners

SAN FRANCISCO, CA

BREP Scioto QOF, LLC

$10,000

$43,710,000

WSI

APPLETON, WI

Steel Beacon RE Fund 1, LP

0

$500,000,000

The Multifamily Group

GLENN HEIGHTS, TX

Heritage Apartments LLC

$50,000

$1,500,000

Eddy Capital Group

PHOENIX, AZ

Youngtown Flats Holdings, LLC

$50,000

$7,300,000

Criss Cross Commercial Group

HOUSTON, TX

CCCG INVESTMENTS LLC - SERIES 2

$10,000

$10,000,000

Affinity Property Partners

AUSTIN, TX

GMM MANAGEMENT ENTERPRISES LLC

$25,000

$10,000,000

JSB Capital Group

BALTIMORE, MD

Lincoln Station Investor LLC

0

Indefinite

Center Stone Property Group

NEW YORK, NY

Bayville Operator RT 9 LLC

$50,000

$2,300,000

Port One Companies

BOSTON, MA,

GW Phase One SPE LLC

$100,000

$9,000,000

aDoor Property Management

PENSACOLA, FL

Tiger Point Apartments, LLC

$100,000

$11,000,000

Final Word

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- The Mill Analytics Team