Publications

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

Eagle Rock raises $114 million

by Sara Kassabian

UOB Eagle Rock Multifamily Property Fund, a core-plus multifamily fund managed by New York City–based real estate manager Eagle Rock Advisors, has raised approximately $114.6 million, according to a filing with the Securities and Exchange Commission. The fund launched on Nov. 14, 2011, with a $150 million fundraising goal. Eagle Rock’s partner United Overseas Bank of Singapore (UOB Global Capital) invested $25 million, while Eagle Rock has invested between $50 million and $52 million. The remaining equity has been raised from undisclosed domestic and international investors and high-net-worth individuals. A final close is expected in April 2013. The fund invests in garden-style multifamily assets located in the Northeast, particularly markets located between Boston and Washington, D.C. “Our goal is to create this portfolio and use our operating platform to create thos

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?