Fundraising - SEPTEMBER 14, 2016

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 $89m for second multifamily fund

by Zoe Wolff

Eagle Rock Properties has raised $89 million for its UOB Eagle Rock Multifamily Property Fund II, according to a filing with the SEC.

The core-plus fund focuses on multifamily properties in the Northeast United States. The fund held an initial closing of $62.5 million in April and is seeking to raise $250 million in equity commitments. According to Eagle Rock’s website, Fund II has acquired five multifamily communities totaling 700 units.

Fund I, which had a fundraising target of $150 million, held

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy