VC firm RET Ventures has closed a second $165 million fund backed by a base of strategic investors. The fund's investors included more than 40 multifamily and single-family real estate owners, operators, and developers across North America that serve as technology development partners and customers for the startups RET invests in.
Participants in the RET Ventures Fund II include affiliates of major multifamily REITs including Essex Property Trust, Invitation Homes, Mid-America Apartment Communities and UDR and as well as private owners and managers like BH Management, Bozzuto, Cortland, Edward Rose & Sons, Greystar Real Estate Group, Starlight Capital, Starwood Capital Group and Waterton.
The most recent fund was oversubscribed and comes on the heels of RET's initial $109 million fundraise in November 2018.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 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.
