Ram Realty Advisors launches new value-add fund

Florida-based Ram Realty Advisors has opened a new vehicle to invest in debt secured by real estate in the United States.

The new value-add fund, Ram Realty Partners VI, opened in early August and has already secured $220.3 million from 15 investors, according to a recent SEC filing.

Ram Realty focuses on infill locations in high-growth areas, often close to demand drivers such as employment hubs, universities, hospital systems and transit, according to the company’s website. Ram Realty’s multifamily projects range from suburban infill garden or mid-rise, to urban high-rise. Its retail projects are primarily grocery-anchored shopping centers, and its mixed-use projects typically include both components.

Equity is provided by Ram Realty–sponsored discretionary funds, co-investment vehicles, and joint ventures. The firm’s partners include public pen