Landmark Properties, a fully integrated real estate investment management firm specializing in the development, construction, acquisition and operation of high-quality residential communities, has announced the final close on the Landmark Sponsor Fund, which closed at $300 million, exceeding its initial $200 million target.
“This milestone reflects the confidence our partners have in Landmark’s vertically integrated platform and disciplined approach to development,” said Wes Rogers, chairman and CEO at Landmark Properties. “The sponsor fund enhances our competitive position as the most active developer of student housing in the United States, allowing us to act quickly and decisively on compelling opportunities in order to deliver compelling risk-adjusted returns for both our joint venture partners and fund investors.”
The final close was held approximately seven months after the initial closing, with the fund comprising equity commitments from a diverse grou