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DRA Advisors Pulls In $2.28 Billion for Distressed Property Investments

Firm Completes Capital Raising for Largest Fund in Its 38-Year History
DRA Advisors acquired Powell Center in Lewis Center, Ohio, as part of a $100 million deal for four open-air retail centers. (CoStar)
DRA Advisors acquired Powell Center in Lewis Center, Ohio, as part of a $100 million deal for four open-air retail centers. (CoStar)
CoStar News
February 8, 2024 | 9:10 P.M.

DRA Advisors has completed raising $2.28 billion for its latest fund, DRA Growth & Income Fund XI, looking to pick up distressed properties.

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