Endeavor Real Estate Group, an Austin-based investment and development firm, has closed an oversubscribed $210 million private equity fund, attracting commitments from existing and new investors.
Endeavor GP Fund I will target commercial real estate opportunities in high-growth markets, in-cluding Austin; Charlotte, N.C.; Dallas; Nashville; and Salt Lake City, with a particular focus on Texas.
The $210 million fund is expected to support more than $3 billion in aggregate capitalization when combined with anticipated leverage and co-investment capital, subject to investment activity and market conditions. It is Endeavor’s first general partner fund and its fifth commingled real estate fund in the firm’s 27-year history.
Investors include national insurance companies, a large Texas-based endowment and other private investors.
The fund will pursue a value-add investment strategy across several property sectors, including multifamily, retail, student hous
