Greystar has completed a final close for Greystar Equity Partners X, its 10th fund in the series, raising its target of $2 billion in capital commitments.
The value-add multifamily fund launched in February 2018 and followed the investment strategy of its predecessors. According to an SEC filing, it was backed by 28 investors.
Greystar Equity Partners IX, the previous fund in the series, raised $1.25 billion upon final closing in January 2017.
South Carolina–based Greystar has $35.8 billion assets under management, with investments in 111 markets. The firm employs core-plus, value-add, develop-to-core and credit investment strategies.
