Berkshire Residential Investments Announced Berkshire Multifamily Debt Fund III Closed in Q3 2021
Summary
BOSTON--(BUSINESS WIRE)--Berkshire Residential Investments announced the final close of Berkshire Multifamily Debt Fund III with equity commitments totaling $1.85 billion. “Berkshire has decades of U.S. housing investment experience, and we will continue to develop both equity and debt products in the sector that meet evolving market trends.” Berkshire Residential Investments is a vertically integrated residential real estate investment and property management company with over 50 years of experience. Berkshire’s team of industry leaders has gained a reputation for being able to identify opportunities and effectively manage through various economic environments, establishing a long-term track record of solid performance based on thoughtful, leading edge investment strategies, and hands-on development and operational experience. Berkshire, a registered investment advisor, is headquartered in Boston and has offices in Atlanta, Dallas and San Francisco. As of March 31, 2021, Berkshire had approximately $12.1 billion in real estate assets under management.