Diamond Realty Management is seeking to raise $194 million for a fund that offers loans for property acquisitions and refinancing in Japan, Bloomberg reports. The Mitsubishi unit is looking to close the fundraising from institutional investors in the country by the end of March.

The fund invests in mezzanine loans for real estate investors and owners seeking to refinance their assets. The firm is launching the fund to attract investors who are seeking safer and more stable investments.

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