Eagle Property Capital is actively raising for its fifth fund EPC Promecap Multifamily Partners V, which has a final capital raise target of $400 million from a mix of domestic and foreign investors. As the name of the fund suggests, EPC has teamed with Mexican-based Promecap for the fund, which will focus on value-add multifamily deals in predominantly Hispanic communities.

“EPC Promecap Multifamily Partners V, which launched in mid-2021, has a target raise of $400 million,” Gerardo Mahuad, managing principal at Eagle Property Capital Investments, tells GlobeSt.com. “So far, we’re nearly halfway there—about 40% of that amount has been raised from equity sources as we approach our first close in March of this year.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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