Multifamily commercial and real estate developer Continental Properties Co, recently closed its first development fund.
The new fund, Continental Properties Real Estate Development Fund I, LP, will invest in suburban apartment communities developed and managed by Continental Properties. The fund had a total raise of $180 million of equity for a total projected construction cost of over $700 million.
The fund allows Continental to double down on its suburban multifamily strategy, which it has been executing for more than 20 years.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
