Fundraising - NOVEMBER 23, 2021

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Northland Investment Corp. launches new multifamily fund

by Kali Persall

Northland Investment Corp. has launched a new closed-end fund to invest in multifamily properties in the United States

According to a filing with the SEC, the Northland Fund VIII has raised $26.7 million already, against an undisclosed target. A total of 18 investors have backed the capital raise.

Northland Investment Corp. has 26,000 multifamily units, $7 billion in real estate assets and a development pipeline of $3 billion.

For more fund information, click here for IREI.Q.

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