Core Plus Multifamily Fund III

About the Asset

Core Plus Multifamily Fund III acquires and actively manages Class A and B+ apartment communities across high-growth Sun Belt markets. Our thesis centers on demographic tailwinds, undersupply in target submarkets, and operational value-add through smart property management and light renovation programs. The fund targets 15–20 assets with an average hold period of three years before exit via institutional sale or recapitalization.

Investment Thesis

Sun Belt metros continue to absorb net migration from higher-cost coastal cities. With rental demand outpacing new supply across Atlanta, Dallas, and Phoenix, we project sustained rent growth of 4–6% annually through 2027. Our leveraged structure targets an 18–22% gross IRR over the fund life.

Key Highlights

• Diversified across 3 high-growth metros with 15–20 assets
• Class A and B+ assets with 90%+ average occupancy at acquisition
• Light value-add program targeting 8–12% rent premium post-renovation
• Target 18–22% gross IRR with quarterly cash distributions
• SEC Reg D 506(b) offering — verified accredited investors only
• Third-party property manager and independent fund administrator

Documents

Available to verified accredited investors after access request.