Marble Capital announced that Doug Goff has joined the firm as a portfolio manager. Goff is charged with leading the open-end strategy on behalf of Marble Capital and its investor partners. [...]

“What we really track is job growth and population growth, and that’s mainly in these Sun Belt locations,” Allen said. “Even though we may say we’re focused on Austin, Dallas or Tampa, we still need to look at what’s going on in that micro MSA. We look at each individual market in addition to the overall locations.” [...]

Marble Capital, a Houston-based investment advisory firm, has surpassed $2.5 billion in assets under management (AUM), with an estimated AUM of $2.53 billion as of Q2 2024. Over the past eight years, Marble Capital has built a team of 30+ highly qualified professionals in Houston, Austin and Dallas. [...]

Houston-based Marble Capital has closed its fourth fund, securing another $816 million in capital commitments. The most recent fund brings the local real estate investment company’s total capital raised to about $2 billion since its inception in 2016. It’s also the largest fund so far in the company’s history. [...]

Marble Capital is pleased to announce the final closing of Marble Capital Fund IV and its associated Co-Investment Vehicle (“The Fund”) with $816 million in capital commitments. Consistent with the company’s strategy since inception, the Fund is focused on making preferred equity investments in tandem with select common equity investments in multifamily developments across the country. [...]

Marble Capital, a Houston-based investment advisory firm focused on multi-family rental housing across the United States, announced today that the firm has signed definitive agreements to enter into a partnership with Navigator Global Investments (ASX: NGI). The transaction is expected to close in late April 2022. In the deal, Navigator will purchase a minority stake in the business and become a passive, non-voting minority partner. [...]

Houston-based Marble Capital recently closed on its third multimillion-dollar real estate investment fund at more than $650 million in commitments. The company said it had initially set out to raise $350 million for Marble Capital III. Holland & Knight LLP served as outside counsel to the fund. In line with Marble Capital's previous investments, Marble Capital III will focus on preferred equity investments in U.S. multifamily developments, with a large presence in Sunbelt Markets. [...]

Marble Capital is pleased to announce the successful closing of Marble Capital Fund III (‘The Fund”) with over $650 million in commitments. The Fund was significantly oversubscribed based on its initial target of $350 million having received unprecedented support from both new and existing investors. [...]

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. [...]

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. [...]