AUSTIN–Regional real estate investment experts have bannedtogether to start Inner 10 Capital, a real estateprivate equity firm and sister company to Inner 10Development. The firm will focus on high-yield urbandevelopment projects in Austin's top 10 zip codes.

“There is increasing worldwide interest in investing in Austin'sincredible economy and real estate market and many opportunitiesfor success,” says Bryan Hancock, managing partnerof Inner 10 Capital and Inner 10 Development, in a statement. “We've put this new company together to offer investors strategicopportunities based on best practices and our deep understanding ofthe region.”

Inner 10 Capital plans to raise $25 million infunds and to develop more than 20 new local residentialprojects this year.

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