Humphreys Capital targets $150m for new real estate fund

Humphreys Capital has launched its third active closed-end fund, Humphreys Fund IV, with a target fund raise of $150 million.

The fund will focus on value-add and opportunistic multifamily, industrial and senior living real estate investments in high-growth, secondary markets in the southeastern and southwestern United States.

Humphreys Fund IV will be more than double the size of its predecessor fund, Humphreys Fund III. The fund is expected to close June 30, 2022.

“We maintain an effective and repeatable investment strategy that has produced a clear competitive advantage,” said Blair Humphreys, CEO of Humphreys Capital. “Our ability to source and cultivate long-lasting, strategic relationships with high-quality local partners provides us with access to curated, off-market opportunities.”

Since its inception in 2012, Humphreys Capital has raised more than $450 million across three separate real estate investment funds.