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The moves increases the company's property portfolio by 19 percent, in terms of square feet.
It features 318 rental apartments and 50,210 square feet of retail space.
Retail space is also in the plans.
The company has invested $99 million in the property since 2016.
New and legacy investors oversubscribed the funding round.
"The suburban markets have been performing really well. Occupancy is doing well."
Turnbridge Equities and Dune achieved full occupancy.
They consist of 22 retail and 171 residential units.
Plus, the three parties have more plans in place.
The real estate firm is seeing strong fundamentals in the industry.