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Lincoln Residential and Cadillac Fairview secure $1.8b for multifamily fund
Fundraising - NOVEMBER 12, 2021

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Lincoln Residential and Cadillac Fairview secure $1.8b for multifamily fund

by Kali Persall

Lincoln Residential, the residential arm of Lincoln Property Company, and partner and co-sponsor Cadillac Fairview, have raised $1.8 billion for their U.S. multifamily fund.

The Investment Management Corporation of Ontario (IMCO) also contributed to the $1 billion expansion.

The fund will continue to work as a long-term investment vehicle, focusing on the development and acquisition of high-quality multifamily assets in top U.S. markets. To date, the fund has acquired five luxury communities in Virginia, Colorado, Georgia, Illinois and Florida. It also has numerous development projects under construction, with additional projects planned in major cities, such as Boston, Washington, D.C., Charlotte, Nashville, Dallas, Atlanta, Miami, Phoenix, and Chicago.

“The growth of the fund is a testament to the success we’ve seen since its inception nearly two years ago,” said Duncan Osborne, executive vice president, investments, for Cadillac Fairview. “Expanding a

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