June 22, 2017
Greensboro, NC-based Bell Partners Inc. completed its second and final close of Bell Apartment Fund VI, LLC. The Fund was materially oversubscribed and closed at its fund size limit with $600 million of total equity commitments. With debt leverage, the Fund has the capacity to acquire more than $1.7 billion in apartment investments.
Bell Apartment Fund VI is a fully discretionary, value-add fund that invests in high-quality, well-located multifamily properties across the United States, and leverages Bell’s extensive operating platform to enhance cash flow through value-add activities. The Fund’s investor base is comprised of institutional investors from across the globe, and accredited high-net-worth individuals.
CBRE Capital Advisors acted as placement agent for select U.S. investor capital commitments.
For comments, questions or concerns, please contact Dennis Kaiser