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Alexander Shing’s Cottonwood Group has formed a new $200 million investment platform with BCEG International Investment – US (BCEGI-US) to pursue real estate opportunities throughout the U.S.
The partners are targeting ventures that require financing support, capital infusion and/or construction capabilities.
Shing announced the move in a joint statement with Yan Xing, president of BCEGI-US, which is the investment arm of Beijing Construction Engineering Group.
ALEX SHING
“Cottonwood and BCEGI-US have maintained a strong working relationship for many years, and we’ve established the level of trust that is critical in making partnerships a success,” said Shing.
“With BCEGI-US’ construction capabilities, our track record of financing even the most complex real estate investments and our shared commitment to bring the very best projects to life, we will put our expertise to work on behalf of developers and investors.”