The three executives recently spoke with GlobeSt.com about the partnership, the firm's strategic direction and their view of the market. The first component of that two-part discussion follows.
GlobeSt.com: What is the usual size of the funds you have raised to date?
CISNEROS: Cityview presently operates three funds totaling about $750 million. There is a $250-million fund, a roughly $300-million fund and one of about $150 million, in terms of equity raised. The total value of real estate investments that has been made possible by those funds is about $2 billion and about 7,000 homes across the country.
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