Apartment Ventures closes Naturally Occurring Affordable Housing fund
Fundraising - MARCH 11, 2022

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Apartment Ventures closes Naturally Occurring Affordable Housing fund

by Kali Persall

Apartment Ventures, a fully integrated real estate investment firm specializing in multifamily properties, has closed a Naturally Occurring Affordable Housing (NOAH) fund with more than $40 million of new equity and nearly 300 units valued at $110 million in California’s Los Angeles, Orange and Ventura counties.

With a history of investing in NOAH communities, Apartment Ventures said it is passionate about this market segment. The firm is planning to launch its next NOAH-focused fund in second quarter 2022.

Apartment Ventures focuses on the multifamily investment markets in Southern California, Arizona and Nevada. It is a partnership-driven firm seeking like-minded investors with additional transactions in the pipeline that are set to close throughout 2022.

“By aligning ourselves successfully with investor goals and executing mutual, meaningful strategies, we made the most of many opportunities in 2021,” said Kari Wilfong, principal and COO of Apartment Ve

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