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Apartment Investment Heats Up As FPA Multifamily Fund Raises $326 Million

Private Equity Firm Acquired Nearly $1.2 Billion in Rental Properties Last Year
FPA Multifamily acquired the 56-unit Arrive Westborough in Westborough, Massachusetts, last summer as part of its investment strategy. (CoStar)
FPA Multifamily acquired the 56-unit Arrive Westborough in Westborough, Massachusetts, last summer as part of its investment strategy. (CoStar)
CoStar News
January 7, 2020 | 5:09 P.M.

One of the most active apartment traders in the United States is reporting that capital is pouring into a fund dedicated to buying more rentals as demand for this type of multifamily housing surges into the new year.

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