SWBC launches $200m real estate private equity fund

Feb 3, 2022 | News | 0 comments

SWBC Investment Company has announced a series of private real estate investment funds. The first fund, SWBC RE Fund, LP, a Delaware-limited partnership, is now open to certain qualified investors, with a goal of raising $200m in equity.

The creation of this Fund follows the development and sale of over $900m in multi-family properties throughout Texas by SWBC Real Estate. SWBC RE FUND I will provide investors an opportunity to participate in a portfolio of newly developed multi-family assets and certain value-add real estate opportunities principally located in the state of Texas.

“We continue to find opportunities to develop Class A multi-family properties throughout the state of Texas, and we believe that this fund will allow our team to provide value for our qualified investors, as well as our business partners,” said Charlie Amato, SWBC Chairman and Co-founder.

“Texas is one of the states that continues to experience record growth,” said Gary Dudley, President and Co-founder of SWBC. “We are excited about offering a fund to certain qualified investors to help us capitalize on the opportunities that exist due to that growth.”

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SWBC RE FUND I will leverage SWBC Real Estate’s experience in developing and selling multi-family properties within close proximity to one of the four major markets within the state – Dallas-Fort Worth, Houston, Austin, and San Antonio.

“The real estate development team at SWBC Real Estate has a strong record,” said John Tuohy, CEO of SWBC Investment Company. “They have operated in all market conditions, consistently producing high-quality housing solutions and delivering for investors along the way.”

“SWBC Real Estate is excited about this partnership opportunity with SWBC Investment Company for this new real estate fund,” says Stuart Smith, COO of SWBC Real Estate. “This partnership will allow SWBC Real Estate to focus on the assets that we develop and operate while allowing the investment team to focus on the investors. This structure is different from many other real estate funds as we will have our own in-house real estate group and the fund manager under the same corporate umbrella,” says Smith. “We view this as an advantage for investors in many regards, as we will have our own private pool of capital for all suitable future developments and potential acquisitions.”

Source: PR Newswire

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