Chicago & Midwest + Downtown + Finance | March 3, 2021

Trilogy Exceeds Goal for Fourth Multifamily Fund

Trilogy Real Estate Group, a Chicago-based real estate investment and property management firm, recently completed fundraising for its latest fund. The fund, Trilogy Multifamily Fund IV, had more than $85 million in total commitments, exceeding its original $75-million goal.

Trilogy intends to utilize the proceeds to acquire multifamily real estate assets in U.S. markets with favorable economic and demographic trends. Looking ahead, Trilogy may elect to expand the fund size to $125 million based on the size and quality of the deal pipeline.

“We believe the economic dislocation caused by COVID-19, combined with historically low interest rates, presents a compelling opportunity to deliver consistent, tax-efficient returns to our partners,” said Trilogy CIO Jesse Karasik. “While there will likely be operational challenges in the short term, we have made some of our best investments in previous times of economic uncertainty and are working hard to do so again.”

Pictured: Trilogy headquarters at 520 W. Erie. Photo courtesy Gamla Cedron Group.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).