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Marcus Partners, a real estate investment, management and development firm, today announced the final closing of Marcus Capital Partners Fund III, L.P., a value-add real estate fund with commitments totaling $360 million.
This exceeds both the original $300 million fundraising target and $350 million hard cap, a strong demonstration of investor confidence in the firm’s mission, team and investment strategy.
Commitments to Fund III include more than 80 percent of Fund II’s investors, and represents approximately 85 percent institutional investors, along with a select group of high-net-worth families, the majority of whom have been investing with the Marcus Partners team for over a decade.