Buckingham debut multifamily fund raises $175 mln

Buckingham Partners LLC, an affiliate of Buckingham Cos, has closed its first real estate fund on $175 million. Investors of Buckingham Multifamily Fund I include North American public and private institutions. Buckingham seeks to buy multifamily and mixed-use properties located in dynamic and fast growing secondary markets throughout the Midwest and Southeast U.S. Evercore served as placement agent for the fund. Goodwin Procter served as legal counsel to Buckingham.

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