The Davis Cos. has expanded its capital base by more than $977.1 million amid the industry’s most challenging fundraising cycle in more than a decade.
Davis Cos. has raised $877.1 million into its Davis Investment Ventures Fund V, in addition to a co-investment sidecar vehicle totaling $100 million, to capitalize on market dislocations across multiple asset classes, with an emphasis on its three core investment verticals of multifamily, science and technology, and industrial and self-storage. In addition to Massachusetts and Rhode Island, early Fund V investments include assets in Florida, New York state and Virginia.
“At an historically difficult time to raise private real estate capital, the success marked by the final closing of Fund V, our largest to date, represents strong investor endorsement of our vertically integrated developer/operator platform,” said Stephen Davis, president of Davis Cos. “We have a nearly 50-year track record of unlocking superior i
