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November 29, 2017  

Lingerfelt Fund Nears Equity Goal

A property firm is nearing the $100 million equity target for its second fund.Lingerfelt CommonWealth this month held another equity close, lifting the total amount raised to $80.9 million. The Richmond, Va., operator began soliciting capital about two years ago and lined up $45.6 million of commitments at the first close a year ago.The vehicle, Lingerfelt CommonWealth Value Fund 2, invests across the risk spectrum, targeting properties of $15...

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