Hamilton Point Investments, LLC, launched HPI Real Estate Opportunity Fund IV, LLC last month to raise $100 million of equity that, with leverage, will acquire $250 million of multifamily apartment properties.
The real estate private equity fund continues the investment strategy of the firm’s previous funds, acquiring high-quality multifamily apartment properties to provide investors with a seven percent annual distribution, paid quarterly, and a 14 percent IRR net to investors over the fund’s five-year hold period.
Hamilton Point Investments has acquired over 6,000 apartment units, paying $400 million to assemble the portfolio.
It continues to leverage industry relationships to purchase properties in growing markets for below replacement cost.
