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NewTower serves as the trustee for the Multi-Employer
Property Trust (MEPT), an open-end commingled real estate equity
fund that invests in a diversified core portfolio of institutional-quality
real estate assets in the U.S. Founded in 1982, MEPT is
now one of the largest open end real estate equity funds in the
U.S.
MEPT's portfolio consists primarily of equity
interests in institutional quality real estate assets in
major metropolitan markets across the U.S., comprising
a diversified portfolio of top-quality, income-producing office
buildings, warehouses, flex/research, apartments, retail centers,
and hotels. A substantial number of MEPT assets are owned through MEPT's majority interest in MEPT Edgemoor LP®.
MEPT is recognized as a pioneer in responsible
property investing—it is the largest commingled real estate
fund in the U.S. that is signatory to the UN Principles for Responsible
Investment and is rated first among real estate funds in
the Americas in the Global
Real Estate Sustainability Index. MEPT is an acknowledged
leader in the U.S. Green Building Council's Leadership in Energy
and Environmental Design (LEED) and the EPA's ENERGY STAR programs
and has, since inception, maintained a Responsible Contractor Policy
that requires all contractors working on its portfolio properties
to be signatory to collective bargaining agreements with recognized
trade unions.
*Note: This summary does not constitute an offer to sell or a solicitation to buy any investment securities.
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