About admin

This author has not yet filled in any details.
So far admin has created 4 blog entries.

Houston Firm Raises $250M Fund for Multifamily Development

A Houston-based investment manager focused on multifamily development raised hundreds of millions of dollars for its second fund. Marble Capital LP closed its second fund at $250 million, exceeding the fund's initial target of $150 million, according to a Dec. 18 press release. Marble Capital's first fund closed two years ago at $100 million. Marble Capital primarily provides preferred equity to experienced developers in U.S. growth markets, the release notes. [...]

By |2023-10-16T13:21:10+00:00December 19, 2019|press|1 Comment

Multi Family Shop Closes 2nd Fund

Marble Capital last week wrapped up its second value-added fund with $250 million of equity - $100 million more than the target. The Houston investment manager is shooting for a 12-14% return by supplying capital to multi-family developers. It typi­cally provides preferred equity with coupons of 13-15%, but also invests in common equity. The manager kicks in $5 million to $20 million on indi­vidual projects, with the developer retaining a minority stake. [...]

By |2023-10-16T13:21:41+00:00December 19, 2019|press|0 Comments

Houston-Based Marble Capital Closes Its Second Fund at $250 Million

Marble Capital, a Houston-based investment manager focused on multifamily development, has closed its second fund with $250 million in capital commitments, exceeding the fund’s initial target of $150 million. The company’s debut fund closed just two years ago at $100 million. The Fund manager provides primarily preferred equity to experienced developers who build in high-growth markets across the U.S. [...]

By |2023-10-16T13:47:06+00:00December 18, 2019|press|0 Comments

Multi Family Fund Lines Up Equity

A startup investment manager has completed raising $100 million of equity for its debut fund. The Houston shop, Marble Capital, is shooting for a 13-14% return by providing preferred equity to developers of multifamily properties nationwide. The operator aims to work with well-respected developers in top markets. It generally supplies $5 million to $15 million of capital per investment, in the portion of the capital stack between the construction loan and the developer's own equity. [...]

By |2023-10-16T13:47:36+00:00December 6, 2017|press|0 Comments
Go to Top