San Diego–based Pathfinder Partners, a private equity firm specializing in multifamily real estate investments, has added more than $10 million in new commitments in a quarterly closing of its Pathfinder Income Fund, bringing the fund’s total to more than $95 million.
Pathfinder Income Fund is a multifamily fund focused on stabilized, income-producing, class B apartments.
“Following one of our most successful quarterly closings to date, there continues to be a tremendous opportunity for accredited investors to take advantage of the ongoing housing supply/demand imbalance in the U.S. by adding additional real estate to their portfolios,” said Mitch Siegler, co-founder and managing director of Pathfinder. “With the availability of low-cost debt and favorable market demographics, the Pathfinder Income Fund provides a low-risk, income-generating vehicle for investing in multifamily properties and a legitimate alternative to the bond market — with superior upsid