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Bell, Hansainvest Partner on Multifamily Fund

GREENSBORO, NC—The apartment investment and management company will serve as a co-investor in Hansa US Residential, which is targeting metro areas with positive fundamentals.

Bell Partners headquarters building Bell Partners headquarters in Greensboro, NC. (Photo: Hertz Investment Group)

GREENSBORO, NC—Bell Partners, headquartered here, is partnering with Hamburg, Germany-based Hanseatische Investment-GmbH on a new real estate special fund designed to invest in core multifamily properties across the US. Hansainvest is aiming at a fund target of $1 billion, including about $500 million of equity.

Known as Hansa US Residential, the fund will focus on apartment properties valued between $50 million and $100 million, including high-rise buildings, blocks of apartments and complexes with between 150 and 550 units each. From the standpoint of geography, the fund will invest in metropolitan areas with positive demographic and economic fundamentals.

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Paul Bubny

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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