Walker & Dunlop Investment Partners (WDIP) has held a closing for its seventh discretionary equity fund, Fund VII, a $135 million value-added and opportunistic vehicle focused on middle-market multifamily and industrial real estate across the United States.
Fund VII has already seeded eight investments, totaling more than 50 percent of its capital commitments, and is well on its way to fully deploying into what the team believes to be an exceptionally favorable market. The fund targets positive 15 percent net returns and 1.5x-plus net multiples by capitalizing on underutilized and mispriced assets with actionable value enhancement plans. The fund’s core focus is on middle-market deals with equity checks ranging from $5 million to $25 million, targeting investments that often fly under the institutional radar.
“Fund VII is a smaller, tactical equity vehicle designed to deploy capital quickly and efficiently in a space ripe with current opportunity and limited co