PHILADELPHIA – The New Jersey-based, private equity real estate firm, Lucern Capital Partners has launched a real estate investment fund, focused on multifamily and mixed-use investments the Philadelphia metropolitan area.

Lucern Philadelphia Value Fund I LP is targeting a minimum equity capital commitment of $25 million, with a targeted deployment of $75 million in asset value with leverage.

Lucern Capital Partners has been active in the Philadelphia area for the past decade.

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Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.