Sares Regis Multifamily Funds target well-located, underperforming multifamily properties with the potential to benefit from renovation and repositioning into modern communities. This approach has provided our investors with stable cash yields and attractive risk-adjusted returns across multiple market cycles.
Whether through the modernization of a dated kitchen into a warm space or the conversion of underutilized office space into a high-tech package delivery system, Sares Regis Multifamily Funds create vibrant living spaces which cultivate a sense of belonging and community. As a result, such newly-created environments enhance the lifestyles of our residents thus translating into value to our investors.
Fund I closed in March 2013 with equity commitments of $114.25 million. This value-add fund invested in nine multifamily properties, totaling 1,377 units across California, the Pacific Northwest, and Colorado.
Fund II closed in August 2016 with equity commitments of $304.2 million. This value-add fund invested in fourteen multifamily properties, totaling 3,359 units across California, the Pacific Northwest, Colorado, and Arizona.
Fund III closed in October 2019 with equity commitments of $328.6 million. Fund III invested in thirteen multifamily properties, totaling 3,069 units accross Northern California, Southern California, ARizona, Washington, Colorado and Texas.