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 Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Monthly and annual subs available.
