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California Investment Firm Launches Fund for Austin Expansion

Redcar Plans To Transform Industrial Property Into Creative Office Space
Redcar is launching a fund to pursue properties in South Austin's St. Elmo neighborhood (pictured). (CoStar)
Redcar is launching a fund to pursue properties in South Austin's St. Elmo neighborhood (pictured). (CoStar)
CoStar News
April 20, 2023 | 10:14 P.M.

Santa Monica, California-based Redcar Properties Ltd. is launching a co-investment sidecar of its second real estate investment fund, which closed at $418 million in commitments, for its expansion into Austin, Texas.

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