Fundraising - AUGUST 15, 2016

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

CityView closes multifamily investment fund

by Andrea Waitrovich

CityView, an investment management and development firm focused on urban multifamily real estate in the Western and Southwestern United States, has closed CityView Western Fund I. The $150 million equity fund will invest in multifamily housing in select markets. CityView will focus the fund on creating new multifamily housing developments and renovating existing buildings.

“We are very pleased to have closed this fund as it enables us to build on our experience in the western and southwestern U.S. and gives us the ability to put an additional $400 million to work as we continue to take advantage of opportunities in supply constrained markets,” said Sean Burton, CEO of CityView. “These urban markets are experiencing strong population and job growth, making this an ideal time to bring new multifamily inventory to the market. Much of this opportunity is due to the demand of millennials, who are now entering their prime earning and spending years. They ar

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy