Kinect Real Estate Partners, a real assets investment management firm delivering institutional-quality real estate to private wealth investors, has held a $126.5 million close of Kinect Opportunity Fund II, the firm’s second GP fund, exceeding its $100 million target. The fund commitments were from RIAs, family offices and high-net-worth investors seeking access to institutional-quality real estate investment opportunities.
The fund will focus on development and value-added opportunities in multifamily assets, with a development pipeline totaling approximately $1.6 billion and more than 3,000 apartment units across high-growth western markets including Bellevue, Redmond and Bothell in Washington state, as well as Mountain View and San Diego in California. Investors in the fund will gain access to GP-level economics from Kinect’s institutional equity partners.
"We set out to extend a time-tested real estate strategy to the private wealth channel through a platform w