Eagle Rock, a vertically integrated real estate investment and management firm, has launched Eagle Rock Multifamily Fund VI, the firm’s sixth and largest targeted fund to date. Fund VI will pursue value-add multifamily investments across the Northeast and Mid-Atlantic, with a focus on capital preservation, current yield and meaningful capital appreciation.
The fund is targeting $500 million in total commitments and recently completed a $315 million first close, anchored by three institutional investors alongside Eagle Rock principals.
Eagle Rock has identified and will soon close on the fund’s first acquisition. In addition, while Fund VI is a closed-end vehicle, it features a flexible continuation mechanism, giving investors the option to exit at the end of the initial term or roll their investment.
Eagle Rock is focused exclusively on workforce multifamily housing in supply-constrained, high-density suburban markets across the Northeast and Mid-Atlantic.
