Gray Capital launches Midwestern apartment fund
From Yahoo Finance: 2025-06-17 11:47:00
Gray Capital launched the Midwest Multifamily Fund to target $500 million in value-add and core-plus multifamily assets in Indianapolis and Columbus, Ohio. The firm believes the sector is ripe for investment due to increasing rental demand and emerging distress signals in the market. Institutional investors, family offices, and high-net-worth individuals are the target investors for this fund. The fund aims to acquire high-quality assets at attractive valuations using Gray Residential, the firm’s property management platform. Other firms like Mesirow and Fairfield have also raised significant funds to invest in value-add multifamily assets across various markets in the U.S.
Read more at Yahoo Finance: Gray Capital launches Midwestern apartment fund