Center Creek Capital Group has secured nearly $30 million of capital in its first closing for its latest affordable Single-Family Rental fund, Center Creek Housing Fund III (CCHF III).

Center Creek Housing Fund III offers investors and the community a win-win: For investors, CCHFIII will seek to provide market-rate returns from single-family rentals, one of the best performing real estate sectors since the onset of the pandemic. 

At the same time, CCHFIII offers traditionally underserved low- and moderate-income residents the access to quality, robust affordable housing as well as Center Creek's financial literacy programs.

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
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.