The Milestone Group, a private equity real estate investment firm, announced the final close of its sixth discretionary equity vehicle, Milestone Real Estate Investors VI, (Fund VI), at its hard cap of $1.1 billion. The fund was oversubscribed.
"We are grateful for the continued confidence and support of our investors, particularly given the dislocation in today's capital markets," said Chris Bartlett, COO at Milestone. "The strong demand for Fund VI underscores Milestone's 20-year track record of delivering consistent, strong performance across market cycles. Fund VI is well positioned to capitalize on what we view as an exceptional opportunity to acquire high-quality multifamily assets at attractive pricing, while continuing to execute our disciplined, risk-aware investment strategy."
Fund VI continues Milestone's flagship value-added investment strategy of acquiring and repositioning middle-market suburban multifamily communities in high-growth U.S. markets across t
