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Crow Holdings’ multifamily build-to-core fund adds another $332m of capital
Fundraising - MAY 11, 2022

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Crow Holdings’ multifamily build-to-core fund adds another $332m of capital

by Kali Persall

Crow Holdings has closed the third development pool of Crow Holdings Multi-Family Build-to-Hold Fund, adding an additional $332 million in equity commitments.

The recent close of the latest development pool results in $680 million in aggregate equity commitments to date for the fund, which, including anticipated leverage, provides capitalization for more than $1.1 billion of apartments.

The fund will seek to build a geographically diversified portfolio of core, stabilized, class A multifamily assets at wholesale pricing and hold the assets long-term as an intended source of steady cash flow and value creation.

“This Fund is another example of executing on our strategy that focuses on secular trends of demographics and domestic migration,” said Bob McClain, CEO of Crow Holdings Capital. “With hundreds of realized transactions over the past two decades, we’ve honed our ability to analyze and execute transactions that are geographically diversified in citie

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