Northwestern Capital Partners and JLL have plans to raise $150 million in connection with an engagement between Northwestern Capital Partners and the Urban Pacific Group of Companies for a new multifamily workforce housing real estate strategy in Southern California.
The U.S. housing market today is characterized by demand significantly outweighing supply. A 2021 report from the National Association of Realtors found that home construction over the last 20 years has fallen 5.5 million units short of historical trends. Urban Pacific’s goal is to address today’s unders