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Announcement of Final Closing – Pacific Rim Properties XVI, LLC

Pacific Rim Properties XVI, LLC (“PRP16”), Chenco’s newest sponsor equity fund focused on a U.S. value-added real estate strategy, is pleased to announce its final closing on December 31, 2015. Chenco Group expects to acquire over US$ 3 billion real estate assets in the coming 18 months.

Since its inception in mid 2015, PRP16 has participated in investing eleven properties in four states, and has committed to seven additional properties. We strive to create long-term growth of value in PRP’s investments and to continue delivering higher-than-market, risk-adjusted returns to our investors.

If you are interested in learning more about the fund, please contact:
Andrew Chen (andrew.chen@chenco.com) or
Jack Lin (jack.lin@chenco.com) for more information.