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Tryperion Partners is a multi-strategy private equity real estate investment firm and registered investment advisor specializing in all major commercial property types. Tryperion utilizes a value investing approach by targeting inefficiently-priced markets and deals across the domestic United States both on a direct basis and through joint-venture partnerships. As of September 2017, the company managed over $120 million for its clientele, which includes a range of foundations, family offices, and high net worth investors.

History
The Tryperion co-founders spun out of Canyon Capital Advisors in 2013. Within two months of its founding, Tryperion had raised a $50 million fund targeting existing assets in secondary markets. After fully deploying the first fund, Tryperion raised a second $50 million fund to pursue a similar strategy. In September 2017, Tryperion launched stREITwise - an online real estate investment trust (REIT) that provides a diversified portfolio of real estate to accredited and non-accredited investors. Within one month of its public offering, stREITwise had raised over $20 million and had amassed a portfolio of three office buildings.

Tryperion RE Fund I
Tryperion closed its first closed-end fund, Tryperion RE Fund I (TREF I), in May 2013 with $50 million focused on value added acquisitions and recapitalization opportunities in secondary markets throughout United States. TREF I included over 750,000 square feet of office buildings in the Greater St. Louis area including the Energizer Headquarters building in Town and Country, Missouri and the SSM Health Headquarters building in Creve Coeur, Missouri. The TREF I portfolio also included a number of other apartment, retail, hotel and office investments.

Tryperion RE Fund II
Tryperion closed its second closed-end fund, Tryperion RE Fund II (TREF II), in January 2015 with $51 million focused on sub-institutional deals that were overlooked by larger capital sources. TREF II included the acquisition of the Riverhouse on the Deschutes, a 220-room full service hotel with a convention center in Bend, Oregon. After acquiring the hotel, the partnership between TREF II and Vesta Hospitality Group spent $10 million in upgrades to the guest rooms, lobby and bar areas, and riverfront patio dining area. The TREF II portfolio also included over 800,000 square feet of industrial buildings in the Minneapolis Metropolitan Area and an investment in a lakefront Cleveland, Ohio apartment building that was once home to LeBron James.

Tryperion RE Fund III
As of November 2017, Tryperion has made one investment in its third closed-end fund, Tryperion RE Fund III (TREF III). It acquired a five-building 254,274 square foot flex complex in Minnetonka, Minnesota.

stREITwise
In September 2017, Tryperion launched stREITwise to the public. stREITwise is a series of REITs that allow accredited and non-accredited investors participate for a $1,000 minimum investment. The first REIT was called 1st stREIT Office.

1st stREIT Office
Tryperion launched 1st stREIT Office - a Regulation A+ Office REIT - in September 2017 and had raised over $20 million by the end of that month. 1st stREIT Office has acquired three office buildings totaling 290,925 square feet, including the Panera Bread Headquarters building in Sunset Hills, Missouri.