BayernLB and its real estate subsidiary have joined with East Banc to provide financing for a building in a prime location in Washington.
The Real I.S. Group has been operating as BayernLB’s fund service provider specializing in real estate investments for more than 25 years. The company is a member of the Sparkassen-Finanzgruppe and manages international portfolios for retail and institutional clients amounting to 7.2 billion euros. The Real I.S. Group owns two licensed German management companies and subsidiaries in France, Luxembourg, and Australia.
Investors have entrusted over EUR 1 billion in assets to Real I.S. in 2016 alone. One of its flagship projects was the financing of a 13 story office building on Pennsylvania Avenue in Washington D.C., just two blocks from the White House. Just another example of the BayernLB Group’s expertise all along the real estate value added chain.