Who is Multi-Employer Property Trust (MEPT)?
MEPT is an open-end commingled real estate equity fund that invests in a diversified portfolio of institutional-quality real estate assets and 100% union-built new construction properties. MEPT’s portfolio consists of 186 properties in 25 major metropolitan markets around the country. MEPT’s primary investment strategy is to create top-quality, core, income-producing assets through development, rehabilitation, or acquisition and repositioning of undervalued assets. The Fund invests in office buildings, warehouses, flex/research and development facilities, retail centers, apartments and hotels in order to maintain a diversified, institutional-grade “core” portfolio that produces strong and stable current income. Founded in 1982, MEPT has $7.18 billion in net assets and has grown to become one of the largest commingled real estate equity funds in the country and the largest fund with a commitment to union labor. MEPT has 186 properties owned nationwide, and over 328 participating pension