Cross Lake Real Estate Fund IV, a vehicle of Cross Lake Partners closed with $237 million in equity in March 2025, according to an announcement from the firm.
Cross Lake Real Estate Fund IV, an opportunistic real estate fund, invests in residential properties. It targets built-for-rent housing and community developments in the Southwest, Mountain West and Southeast areas in the United States. The fund had an initial fundraising target of $400 million.
Among its investors, Contra Costa County (Calif.) Employees’ Retirement Association (CCCERA) committed $60 million to the fund in 2023. The fund’s predecessor, Cross Lake Real Estate Fund III, closed with $328 million in equity.
