Dallas-based real estate firm Crow Holdings has successfully raised $3.1 billion for its latest fund, Crow Holdings Realty Partners X. This marks the largest raise to date for the company, with a 35% increase from its predecessor fund.
The Fund will focus on investing in value-add real estate assets across the United States, specifically targeting industrial and multifamily properties as well as opportunities in specialty sectors such as manufactured housing, convenience retail, self-storage and student housing. To date, over 25% of Fund X’s capital has been allocated to 14 investments.
With this final close of Fund X, Crow Holdings’ total amount of capital raised through all ten vintages of their U.S. Diversified Value-Add Real Estate Funds and other managed vehicles now exceeds $15.6 billion since their establishment in 1998.
