The Maryland State Retirement and Pension System (MSRS) has committed $175 million to real estate funds, including funds managed by Abacus Capital Group and TA Realty.
Abacus Multi-Family Partners VII, a closed-end, value-added vehicle, received $100 million. According to Ask IRE.IQ, the market intelligence tool of Institutional Real Estate, Inc., the fund’s strategy focuses on acquiring multifamily properties with relative affordability in markets and submarkets showing favorable multifamily trends throughout the United States.
The fund aims to raise $2 billion. The Oregon State Treasury and Indiana Public Retirement System have also committed to this fund.
Abacus Multi-Family Partners VI, its predecessor, closed with $1.5 million in equity raised.
TA Realty Residential Real Estate Fund
