Trilogy Real Estate Group closes oversubscribed fund with more than $100m of capital commitments

Trilogy Real Estate Group, a Chicago-based real estate investment and property management firm, recently completed fundraising for its latest offering.

Trilogy Multifamily Fund V, LP had more than $100 million in total commitments, exceeding its original goal.

Trilogy is using the proceeds to complete the construction of a geographically diversified portfolio of three class-A multifamily real estate developments — Rivertown Commons, a 408-unit community in Grandville, Mich.; The Lodge, a 237-unit community in Rochester, Minn.; and The Aurilla, a 171-unit community in Cottage Grove, Minn.

Trilogy Real Estate Group acquires, develops and manages properties across the Midwest and the Southeast, and has sponsored more than 14 investment offerings, including DSTs and qualified opportunity zone funds. Since 2002, the principals of Trilogy have successfully invested in real estate assets valued at more than $4.5 billion.