Clear Investment Group has announced plans to raise a new $300 million fund, Clear Opportunities Fund II, to acquire multifamily housing projects across the country.
The fund will target multifamily properties in stable markets, emphasizing asset repositioning and operational efficiencies to enhance resident experience and investment performance.
This strategic focus of the fund will be to enable the company to expand its footprint and volume of transactions while continuing its mission of revitalizing housing communities and providing high-quality, attainable living spaces in the workforce-housing sector while providing an asymmetric return profile and idiosyncratic product to investors.
“Our strategy has always been to identify undervalued properties in emerging markets and transform them into high-quality housing communities,” said Amy Rubenstein, CEO of Clear Investment Group. “This new fund will allow us to expand our reach, improve housing accessibil