FPA Multifamily holds $703.25m final close for core-plus fund

FPA Multifamily, a vertically integrated, principal investment organization based in San Francisco, has held a $703.25 million final close for its fourth core-plus real estate fund.
FPA Core Plus Fund IV invests in multifamily properties in top-tier demographic neighborhoods in and around major metropolitan areas in the United States and will acquire approximately $1.4 billion of assets. Throughout fundraising, the fund received equity from pension funds…

FPA Multifamily holds $703.25m final close for core-plus fund
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