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Fundraising - SEPTEMBER 13, 2016

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Milestone raises $235m for fourth multifamily fund

by Zoe Wolff

The Milestone Group has raised $235.2 million for Milestone Real Estate Investors IV, according to a filing with the SEC.

The fund, which initially raised $119 millionin June 2016, focuses on multifamily investments in major metropolitan areas throughout the United States.

Milestone Real Estate Investors III, the fund’s predecessor, held a final close of $100 million in 2012.

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