Humphreys Capital has raised $58 million on behalf of its Humphreys Fund I, focused on multifamily, industrial, office and retail assets in high-growth cities across the southeast and southwest United States.
The 2020 offering closed June 30 and a new offering is expected to open to accredited investors on Jan. 1, 2021. According to Humphreys, this marks the largest equity raise for Fund I since its formation in 2012. The fundraise was 73 percent larger than in 2019.
“More than 45 percent of this offering was raised after COVID-19 put the world on pause, indicating investors’ appreciation of our diversified strategy and record of consistently producing income,” said Kirk Humphreys, founder and CEO of Humphreys Capital. “It is gratifying to know that, even in this difficult market, Fund I has continued to provide consistent distributions to high-net-worth individuals, family offices and institutional investors across the country.”
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