Jonathan Rose Cos. has held a final close for its Rose Affordable Housing Preservation Fund VI, a $660 million impact fund dedicated to acquiring, preserving and enhancing affordable and mixed-income multifamily housing in high-demand urban markets across the United States.
This closing brings the total equity raised across Jonathan Rose Companies’ Preservation Fund series to more than $1.5 billion, a milestone that reflects the firm’s decades-long commitment to building green, affordable and opportunity-rich communities. Fund VI aims to preserve long-term affordability across the fund portfolio; green the properties to reduce their climate impact; and connect its residents with social services to improve access to opportunity, resulting in better life outcomes.
This work builds on the firm’s deep dedication to creating communities of opportunity that elevate financial, social, health and education outcomes for residents. As with its prior funds, the strategy tre