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January 31, 2018  

FPA Passes Hat for Apartment Fund

FPA Multifamily is seeking to raise $500 million of equity for its fourth core-plus real estate fund.The San Francisco investment manager has told investors it hopes to wrap up capital raising for FPA Core Plus Fund 4 by midyear. The fund series targets a 9-11% return by acquiring apartment properties in top submarkets of major metropolitan areas nationwide. The sponsor focuses on stabilized properties where upgrades would pave the way for rent...

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