Fundraising - APRIL 1, 2013

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Eagle Rock plans April 30 final close

by Andrea Waitrovich

Eagle Rock Advisors plans to hold a final close on April 30, 2013 for its debut fund, UOB Eagle Rock Multifamily Property Fund, a core-plus multifamily fund. The fund launched on Nov. 14, 2011, with a $150 million fundraising goal. In December 2012 the vehicle had raised $114.6 million in equity commitments.

The fund invests in garden-style multifamily assets located in the Northeast, particularly markets located between Boston and Washington, D.C.

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