Turner Impact Capital Launches Third Multifamily Housing Fund to Address Widening Affordability Gap in U.S. Metropolitan Areas; Fund III has acquired its first two communities as it plans to invest over $2.3 billion to preserve or develop affordable workforce housing nationwide

  • 10/8/2024

|

Business Wire
• Tag:
• Additional Filters-Subcategory: ,
• Additional Filters-Tags:

Turner Multifamily Impact Fund III (TMIF III) is on course to raise up to $750 million of equity, unlocking more than $2.3 billion in investment potential to acquire existing, or develop new, affordable workforce housing communities in high-demand markets. TMIF III recently completed the acquisition of its first two multifamily housing communities in two key markets, Las Vegas and Minneapolis, and is under contract to purchase three additional properties. In total, these transactions represent nearly 1,300 units and over $200 million of capital.

Turner Impact Capital
Gee Kim | Principal & President, Multifamily

Additional Filters

Subcategory
Tags