Dallas-based real estate investment firm CONTI Capital has launched its fourth fund to raise $150 million for the acquisition of multifamily properties and to develop new vertical and horizontal rental housing.
CONTI has over $1.25 billion in transactions to date. The goal of its new RE High-Growth Fund IV is to diversify capital across a mix of multifamily assets and markets in 13 southern Sun Belt states, according to the company.
Target assets will include both established and new properties, including communities of single-family homes built to be rentals.
Among established multifamily opportunities, the fund will target assets deemed value add, core plus, and core properties.
The Fund will seek a target return of 10 to 14 percent ROI with a 3- to 5-year hold period, and is structured as a private offering for accredited investors under Rule 506(c) of Regulation D.
Flexibility and diversity are goals of the fund
“The flexibility and diversity of our High-Growth Fund IV takes advantage of a range of both established and new multifamily properties,” said Carlos Vaz, founder and CEO of CONTI, in a statement.
“This approach allows us to adjust asset allocations as market conditions change, actively manage performance, and offer risk-adjusted returns for investors,” he added.
The company produces The CONTI Report each quarter, offering economic, demographic, and industry insights that impact commercial real estate investing.
Founded in 2008, CONTI Capital acquires, manages, and sponsors real estate investments across the U.S. on behalf of individuals, wealth managers, and institutions.
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