Search
 

New Shoptaw & Garrard Product Aims at Multifamily Assets

ATLANTA-Shoptaw & Garrard's $30 million Capital Master Fund is set to target multifamily assets in high-growth areas of the Southeast.

By Judith Schonbak | Updated on August 14, 2000

Shoptaw & Garrard, an Atlanta-based real estate investment management company, has completed capital raising for its SG Capital Master Fund, with capital commitments of more than $30 million. The new product will be targeting multifamily assets in high-growth Southeast markets.

The fund originally targeted $25 million. Total fund capitalization, including debt and equity, will be about $100 million. The commingled fund has already invested $21.7 million in four Southeast multi-family properties. Another asset is under contract to close by the end of September. Total capitalization is $76.4 million.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.