RCG Longview raises $61m for multifamily fund

RCG Longview has raised approximately $61.27 million for its new fund, RCG Longview Multifamily Income Fund, according to an SEC filing.

The offering is still open. A fundraising target was not disclosed.

RCG Longview also has a sixth debt fund in the market. The strategy of the RCG Longview Debt Fund VI seeks to provide the limited partners of the fund with “equity-like” net returns while taking only debt-level risk by investing in debt and debt-like investments in real estate assets. Fund investments generally take the form of whole loans, bridge first mortgages, B-notes, participations, mezzanine loans, preferred equity, mortgage purchase fi