Atlanta, GA-based Tioga Capital, LLC, a multi-strategy real estate investment firm, has closed its third fund with $80 million in total capital commitments. Tioga Partners III, LP was oversubscribed and closed above its initial target of $60 million.

Tioga Partners III, LP will opportunistically invest across the real estate capital structure targeting the Sun Belt region while pursuing the same investment strategy utilized in its predecessor fund, Tioga Partners II, LP, a $60-million fund closed in 2021.

To date, Tioga Partners III, LP has made investments across multi-family, single-family, and commercial assets located in the Atlanta, Austin, TX, Houston, TX, Jacksonville, FL and Pensacola, FL MSAs. Through Tioga Partners III, LP and other co-investment vehicles, Tioga Capital, LLC target investment size remains between $5 and $30 million.

“The current environment has created disruption in the financial markets and a challenging time for real estate sponsors seeking capital, said Tioga Capital, LLC director John Bradner. “Fortunately, Tioga has capital available to invest across the capital stack and the experience to efficiently operate in a dislocated market.”