JCR Income Plus Fund V open for business

Walker & Dunlop has revealed plans to open its fifth vehicle in the JCR Income Plus fund series, following the fulfillment of the deployment bucket for JCR Income Plus Fund IV.

The fund series originally was launched by JCR Capital, an alternative-investment manager focused on middle-market commercial real estate finance, which was acquired by Walker & Dunlop and rebranded to Walker & Dunlop Investment Partners (WDIP) in September 2020.

JCR Income Plus Fund IV held its final close in 2018 with $306 million of commitments, surpassing its initial target of $130 million. Fund IV primarily makes participating preferred-equity and structured joint-venture-equity investments in value-add, cash-flowing properties with short-duration investment periods. Fund IV focuses exclusively on middle-market properties in the multifamily, industrial and office sectors, as well as s