February 16, 2021
Chicago-based Waterton reached the last close of its Waterton Home Endeavor XIV, L.P. fund with $1.5 billion of equity dedications from a diverse team of global institutional financiers. The fund is one of the biggest devoted multifamily value-add funds in the U.S. and also the company is poised to invest Venture XIV funding with a period of historic disturbance.
“We anticipate to see considerable chances in the multifamily industry across the nation as a result of the disruptive nature of the COVID economic crisis,” said David Schwartz, chairman and also Chief Executive Officer of Waterton. “This fund stands for a distinct opportunity to purchase a method we have actually been executing for 25 years that develops to take advantage of cycle-specific opportunities, which must abound in the existing market setting.”
Venture XIV will target cycle-specific troubled possibilities along with typical properties that would gain from Waterton’s vertically incorporated layout, building as well as operations technique.
For comments, questions or worries, please contact Paul Bubny