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Calvera Launches Multifamily Fund Seeking $100M in Capital

Calvera Launches Multifamily Fund Seeking $100M in Capital

San Francisco-based real estate investor and operator Calvera Partners has announced the launch of its Calvera Income and Growth Fund, the firm’s fourth discretionary private real estate fund. The Fund is seeking more than $100 million in capital commitments from accredited investors to acquire a portfolio of multifamily properties in high-growth markets.

The Fund will be structured as a perpetual “evergreen” investment vehicle, which allows Calvera to take a long-term approach to multifamily investment opportunities. It is also designed to provide current income through consistent quarterly distributions as well as significant appreciation in NAV.

“Our experience shows that real estate investing is most successful when a long-term strategy is in place,” said Calvera Managing Principal Dave Saxe. “We believe that this perpetual fund structure means that taxable gains can be deferred indefinitely, all while keeping our investors’ money working over an extended period of time. It’s an ideal scenario for those who seek a wealth-building strategy.”

Pictured left to right: Brian Milovich, Dave Saxe & Brian Chuck


Inside The Story

Calvera PartnersDave Saxe

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.

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