Trilogy Closes $100M Oversubscribed Fund for MF Portfolio Investments

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, including:

• Rivertown Commons, a 408-unit community in Grandville, Michigan
• The Lodge, a 237-unit community in Rochester, Minnesota
• 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 CIO 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.”