Voyager Pacific Capital, a national real estate sponsor and operator, has launched its $100 million multifamily real estate investment fund, Voyager Pacific High Yield Fund III.
Fund III will complement Voyager’s single-family real estate fund, Voyager Pacific Opportunity Fund II, by taking on larger and leveraged value-add projects. The goal of fund III is to primarily purchase, acquire, re-invest, lease, add value, repair, or sell commercial properties and consistently generate superior risk-adjusted returns over the long-term. The fund’s value-add real estate investments focus is on repositioning undervalued assets that produce stable, predictable cash flow, revenue growth, expense control and present long-term capital appreciation.
“We’ve received very robust interest from both our long-term investors as well as new investors looking for additional diversification within their real estate portfolio. Fund II is coming off one of its best quarterly earnings e
