Trilogy Real Estate Group Closes Oversubscribed Fund with more than $100 Million of Capital Commitments

Trilogy Real Estate Group, a Chicago-based real estate investment and property management firm, recently completed fundraising for its latest offering. Trilogy Multifamily Fund V, LP had more than $100 million in total commitments, exceeding its original goal.

Trilogy is using the proceeds to complete the construction of a geographically diversified portfolio of three Class A multifamily real estate developments—Rivertown Commons, a 408-unit community in Grandville, Michigan; The Lodge, a 237-unit community in Rochester, Minnesota and The Aurilla, a 171-unit community in Cottage Grove, Minnesota.

“Our platform routinely analyzes, procures, and executes opportunities that leverage underutilized land in markets with the most durable renter demand and limited new supply,” said Trilogy chief investment officer Jesse Karasik. “This Fund is another example of how we are able to employ the full complement of Trilogy’s integrated team to match capital with opportunities that deliver necessary households to the market and compelling risk-adjusted returns to our investors.”

Trilogy Real Estate Group acquires, develops and manages properties across the Midwest and the Southeast, and has sponsored more than 14 investment offerings, including DSTs and qualified opportunity zone funds. Since 2002, the principals of Trilogy have successfully invested in real estate assets valued in excess of $4.5 billion.

(This news/press release has not been altered by, apart from the headline, and has been obtained from a syndicated source:-