Hamilton Point Investments has announced the launch of HPI Real Estate Fund XV, which is seeking to raise nearly $225 million. Its predecessor, HPI Real Estate Fund XIV, raised $230 million.
HPI Real Estate Fund XV was formed to acquire multifamily assets in high-growth markets. The firm will target markets that have strong multifamily demand, declining new supply and high single-family home pricing. In addition, the fund’s target markets are experiencing price decreases of up to 20 percent, supporting the investment thesis.
