{"id":142726,"date":"2026-01-29T15:35:06","date_gmt":"2026-01-29T15:35:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/142726\/"},"modified":"2026-01-29T15:35:06","modified_gmt":"2026-01-29T15:35:06","slug":"lubbock-fire-commits-4m-to-s3-lb-real-estate-credit-iii-news","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/142726\/","title":{"rendered":"Lubbock Fire commits $4m to S3 LB Real Estate Credit III | News"},"content":{"rendered":"<p>The Lubbock Fire Pension Fund (Texas) has committed $4 million to S3 LB Real Estate Credit III, a program of S3 Capital.<\/p>\n<p>This fund is a closed-end, value-added, opportunistic strategy which provides bridge and construction financing for middle-market real estate developments across major U.S. markets, with a focus on ground-up multifamily residential projects. It aims to raise $850 million in equity.<\/p>\n<p>The Lubbock Fire Pension Fund, a public pension fund, had $303 million in total assets under management, as of Dec. 31, 2025, with a 15 percent real estate allocation target and $31.8 million in total real estate assets.<\/p>\n","protected":false},"excerpt":{"rendered":"The Lubbock Fire Pension Fund (Texas) has committed $4 million to S3 LB Real Estate Credit III, a&hellip;\n","protected":false},"author":2,"featured_media":54575,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[168,170,169],"class_list":{"0":"post-142726","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-lubbock","8":"tag-lubbock","9":"tag-lubbock-headlines","10":"tag-lubbock-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/142726","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=142726"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/142726\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/54575"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=142726"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=142726"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=142726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}