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Continental Properties Company, Inc. Announces Successful Closing of Two Real Estate Funds Valued at $1 Billion

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Press Release

updated: Jan 13, 2022 10:12 EST

Continental Properties Company, Inc. (“Continental Properties”), a leading national multifamily and commercial real estate developer, owner, and operator, has announced the closing of Continental Properties Real Estate Income Fund III, L.P. (“Fund III”) and Continental Properties Real Estate Income Fund IV, L.P. (“Fund IV”).  The closed end funds placed 100% of committed capital on Dec. 21, 2021, to acquire two portfolios consisting of 14 apartment communities developed by Continental Properties with an aggregate value of $1 billion. Consistent with Continental’s prior income funds, Fund III and Fund IV are comprised of high-quality, newly constructed suburban multifamily communities with proven operating performance that will begin making distributions to…

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