Houston Firm Raises $250M Fund for Multifamily Development

December 19, 2019|

Houston Firm Raises $250M Fund for Multifamily Development May 10, 2021 By Chris Mathews – Reporter, Houston Business Journal 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 [...]

Multi Family Shop Closes 2nd Fund

December 19, 2019|

Multi Family Shop Closes 2nd Fund December 19, 2019 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 [...]

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

December 18, 2019|

Houston-Based Marble Capital Closes Its Second Fund at $250 Million December 18, 2019 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 [...]

Multi Family Fund Lines Up Equity

December 6, 2017|

Multi Family Fund Lines Up Equity December 6, 2017 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, [...]