Mesirow Institutional Real Estate Direct has held a final closing for its Mesirow Financial Real Estate Value Fund V, securing $1.245 billion in investor commitments.
The fund’s hard cap was established to maintain portfolio diversification and ensure disciplined investment pacing.
“We are proud and humbled by the continued support and confidence of our investors as we expand our platform of value-added, risk-balanced multifamily real estate strategies,” said Alasdair Cripps, CEO and CIO of Mesirow Institutional Real Estate Direct. “With Fund V, we remain focused on multifamily assets in select major U.S. metropolitan markets, building on a platform with more than $8.5 billion in assets under management. We are especially grateful that new and existing investors have entrusted us with their capital amid ongoing market uncertainty.”
Fund V will target multifamily assets across the top 25–30 U.S. markets, with an emphasis on creating meaningful asset
