Ballast Rock Announces Launch of Sunbelt Multifamily Fund III
–News Direct– Ballast Rock, the diversified investment management firm, today announced it has launched Sunbelt Multifamily Fund III LP (SB3), the third private equity real estate fund in its Sunbelt series. Ballast Rock is targeting a raise of $100 million for the fund, which, like the previous Sunbelt Funds, will focus on acquiring and renovating a diversified portfolio of workforce multifamily properties in the U.S. Southeast. Ballast Rock has identified and is performing due diligence on a value-add property that
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