3650 REIT Announces $100M Capital Commitment from POBA : com

3650 REIT Announces $100M Capital Commitment from POBA

MIAMI, October 26, 2023--3650 REIT ("3650"), a nationwide commercial real estate lender originating and managing portfolio loans for leading institutional investors, today announced that Public Officials Benefit Association ("POBA"), the Seoul, South Korea-based public pension fund founded in 1975, has made a $100 million capital commitment to a vehicle employing 3650’s U.S.-based Bridge and Event-Driven ("BED") lending strategy. The capital will to be used to expand 3650’s BED lending strategy

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