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Trion Properties still sees plenty of opportunity in the value-add multifamily space. The firm is launching a second fund, planning to raise $50 million in equity to create $150 million in buying power. Like the firm’s last fund, Trion Multifamily Opportunity Fund II will focus on multifamily properties in well-populated West Coast markets near job centers; however, the second fund will also look to expand into growing West Coast markets and purchase larger multifamily assets.

Kelsi Maree Borland

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