Continental Properties has launched its Real Estate Development Fund IV, L.P. (Fund IV), which will develop market rate suburban multifamily communities in undersupplied housing markets across the United States.
Fund IV will target well located suburban sites in undersupplied housing markets across the southeast, midwest and mountain states, including Colorado, Florida, Georgia, Illinois, Michigan, Minnesota, Tennessee, and among others.
According to RealPage Market Analytics, a strategic business advisory firm, multifamily starts continue to decrease nationally while demand has seen a historic rebound following a brief lull in 2023. Continued housing shortages, record high for-sale housing prices, and affordability constraints have created a dynamic that will drive strong demand and compelling investment metrics for attainably priced rental housing over the next several years.
“The launch of Fund IV is a testament to Continental’s ongoing commitment to de
