Hilltop Residential has held a final close for its Hilltop Growth Fund VI (Fund VI), with $288 million in total commitments, marking the largest fundraise in the firm’s history.
“Our strategy remains consistent: Acquire high-quality assets in growth markets where we can create value through operational improvements, capital enhancements, and disciplined asset management,” said Greg Finch, managing partner of Hilltop Residential. “Today’s capital markets dislocation is creating an attractive entry point for well-capitalized operators, enabling us to acquire high-quality communities at compelling bases.” By targeting markets characterized by robust population growth, diversifying employment bases, and favorable business climates, Hilltop aims to capitalize on the structural tailwinds driving multifamily demand across the region. Hilltop expects Fund VI to acquire approximately $1.5 billion to $2 billion in gross asset value (GAV).
“We are incredibly proud