Berkshire Residential Investments and Limekiln Real Estate have held a final close for its Berkshire Bridge Loan Investors-MF1 III (BBLI III), raising $1.99 billion in commitments. This represents the largest commingled fund in the series to date.
The fund attracted commitments from a wide range of investors from across the globe, including both existing and new relationships for the firm.
The fund supports the investment activity of the MF1 private lending platform, a partnership between Berkshire and Limekiln Real Estate. MF1 is a provider of multifamily financing in the United States