Hamilton Point Investments (HPI), a real estate private-equity investment company that owns and manages multifamily apartment properties, has closed its HPI Real Estate Fund IX with $195 million of equity commitments.
IREI understands the fund exceeded its target of $150 million.
HPI has acquired more than 22,000 apartment units for $2.1 billion, according to the firm’s website. HPI invests through a series of real estate private equity investment funds raised from individual accredited investors through a selling group of independent broker-dealers and registered investment advisors.
HPI Real Estate Fund IX will acquire value-added apartment properties across the Eastern U.S., targeting deals in secondary markets.
HPI could not be reached to comment on its fundraising efforts at the time of publication.
For more information about this fund and others, please visit our IREI.Q database.
