Lingerfelt Commonwealth Partners has a third fund in the market, according to the IREI FundTracker database.
The value-added, opportunistic fund aims to raise $300 million. Lingerfelt Commonwealth Value Fund III will focus on all property types, investing in the eastern half of the United States and Texas, with a focus on the mid-Atlantic and Southeast regions. Targeted property types include CBD office, hotel, industrial, medical office and retail, with a value-add/opportunistic profile.
Lingerfelt Commonwealth Value Fund II close in 2018, with $101.51 million, exceeding its $100 million target.
