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Buckingham Targets Over $1B in Real Estate Value Over Life of Two Funds

Buckingham Targets Over $1B in Real Estate Value Over Life of Two Funds

Indianapolis-based Buckingham Companies has closed its second real estate fund, the value-add Buckingham Multifamily Fund 2 (BMF2), at $215 million.  

This follows the firm’s inaugural BMF 1 Fund, also using a value-add strategy of acquiring multifamily and mixed-use properties located in surging U.S. secondary markets in the Midwest and Southeast. 

Additionally, Buckingham announced the first closing of a new multifamily development funding vehicle with a target of $160 million. The funding vehicle is intended to target ground-up construction of amenitized, workforce multifamily properties in vibrant U.S. secondary markets throughout the U.S.  

BMF2 and the new development funding vehicle plan to collectively acquire or develop over $1 billion in value of multifamily assets over the next three years. 

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A highly successful financial journalist, corporate financial writer and magazine entrepreneur with strong expertise in writing on fixed income and pass-through securities (ABS), finance and banking, the economy, economic developments, financial markets, investing and personal finance, the business of behavioral healthcare and more.

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