Greystar raises $1.2b for Fund IX
Greystar Real Estate Partners has raised more than $1.21 billion in equity commitments, according to a filing with the SEC. The fund has raised 96.9 percent of its $1.25 billion equity fundraising target.
Greystar Equity Partners IX invests with a value-added investment strategy in the U.S. multifamily sector.
In 2014, Greystar Real Estate Partners held an $800 million close for Greystar Equity Partners VIII, a discretionary commingled fund focused on the acquisition of value-added multifamily assets across the United States. GEP VIII’s strategy was to aggregate a nationally diversified portfolio of high-quality multifamily assets in target markets poised for outperformance.