Forum Investment Group announced the final close of one of its investment vehicles specializing in multifamily private credit. Forum exceeded its target raise by 2.2 times, firmly establishing the firm’s multifamily private credit strategy.
This investment vehicle focuses on providing gap financing in the form of mezzanine debt, preferred equity, participating preferred equity and joint-venture equity to qualified third-party sponsors, supporting their ground-up developments, value-added repositioning and acquisitions of multifamily properties in targeted high-growth markets across the United States.
“I am proud of the team and this final close, which represents a significant milestone for the firm’s multifamily private credit strategy,” said Darren Fisk, founder & CEO at Forum. “We are grateful to all of our investors for their trust in and support of Forum.”
