Continental Realty Forms $165M Fund

BALTIMORE, MD—This is the fourth fund Continental Realty Corp. has formed.

By Erika Morphy | Updated on May 27, 2015

BALTIMORE, MD—Locally-based Continental Realty Corp. has formed its fourth investment fund seeded with $164.4 million in private equity funds. Investors in Continental Realty Fund IV, L.P. include investment advisors, institutional investors, high-net worth individuals, foundations and endowments.

The fund will target acquisitions of value-add multi-family apartment communities and retail properties located throughout the Mid-Atlantic and Southeast regions of the US. In general the company likes to targets off-market properties, according to Gene Parker, president of Continental Realty.

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