Continental Properties Co. has announced the successful closing of its ninth private real estate fund, Continental Properties Real Estate Development Fund III.
The fund raised approximately $210 million in total capital commitments, which will be invested in the development of suburban apartment communities by Continental Properties under its existing array of brands. At completion, Continental anticipates the fund will develop 14 to 16 properties with a projected aggregate stabilized value exceeding $1 billion.
“Closing our third development fund amid a challenging economic and political landscape underscores Continental’s ability to execute our strategic vision while offering investors a compelling opportunity to participate in what we believe will be under-supplied housing markets in 2026 and beyond,” said Jim Schloemer, co-founder and CEO of Continental Properties and chairman of the National Multifamily Housing Council (NMHC). “This milestone also position
