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JRK Funds Acquire $300M YTD

LOS ANGELES—Through its two investment funds, Los Angeles-based JRK Investors acquires six multifamily properties in markets throughout the country so far this year, and plans to spend $1 billion before the year's end.

By Kelsi Maree Borland | Updated on August 29, 2014

LOS ANGELES—The Los Angeles-based JRK Investors has acquired $325 million in multifamily properties so far this year through its two investment funds. The six properties through the two investment funds are located throughout the US and have a total of 2,082 units.

JRK Investors primary investment fund has $600 million, and is focused on purchasing class-A multifamily properties built in 1990 or later. The secondary, b-fund is a $230 million investment vehicle focused on acquiring multifamily properties built in 1989 or earlier. JRK seeks a mix of strong investors for its funds, and has a strong mix of high net worth individuals, pension funds other institutions that invest in the funds. 

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