GREENSBORO, NC – Multifamily investment and management company Bell Partners has formed an $800 million core multifamily venture with long-standing institutional partners.

The company intends to purchase more than $1.5 billion in assets, through the venture.

The venture will acquire well-located, low risk, high-quality multifamily properties in submarkets throughout the US. It will aim to acquire assets that can generate consistent cash flow with strong appreciation over a long-term investment.

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The venture's initial capital commitments, made on March 26, were anchored by partners from prior Bell Partners-sponsored investment vehicles.

"We pride ourselves on our relationships and deep commitment to outperforming for our investors," states Lili Dunn, president of Bell Partners. "This venture is a part of Bell Partners' strategic plan to further our product offering for our institutional partners and deepen our presence within our target markets with complementary vehicles."

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Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.