Marble Capital raises $650m in third fund

Houston-based Marble Capital closed its Marble Capital Fund III with over $650 million in commitments.

Significantly oversubscribed, the fund is focused on making preferred equity investments in multifamily developments across the U.S. Fund III has already closed on $590 million of investments in the high-growth Sunbelt markets where demand for housing is growing.

Marble Capital's Adam Allen (provided)

Sunbelt investments are growing in popularity as recently the $14 billion real estate firm CenterSquare Investment Management and Arch Street Capital Advisors Continue Reading

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