Funds & Investments

Below is a listing of Berkshire’s current funds

Berkshire Multifamily Value Fund III and Co-Investment Vehicles

Berkshire Multifamily Value Fund III formed in 2012

  • The Fund and co-investment vehicles were formed to target a broad range of multifamily investment opportunities in major U.S. markets, by investing in acquisition, debt, development and recapitalization transactions
  • Total capitalization of $1.6 billion when fully invested

Berkshire Multifamily Equity Fund

Formed in 2011, Berkshire Multifamily Equity Fund is a single-investor, non-discretionary separate account vehicle

  • Total capitalization of $942 million
  • Fully invested as of 2014
  • Acquired both value-add acquisitions and ground-up development opportunities
  • The current portfolio is geographically diversified, with assets in 11 metro markets

Berkshire Multifamily Value Fund II

Berkshire Multifamily Value Fund II formed in 2007

  • Total capitalization of $1.4 billion
  • An institutional, discretionary value added real estate investment portfolio with a broad range of multifamily investments
  • Portfolio of multifamily investments in major U.S. markets

Berkshire Multifamily Value Fund

Berkshire Multifamily Value Fund was formed in 2005

  • Total capitalization of $1.2 billion
  • An institutional, discretionary value added real estate investment portfolio
  • Portfolio of properties geographically diversified across the U.S.

Berkshire Income Realty, Inc. (BIR)

Formed in 2003, Berkshire Income Realty, Inc. was a multifamily REIT managed by Berkshire, and controlled by affiliates of Berkshire.  

  • Total capitalization of $900 million as of 9/30/2015
  • BIR was delisted from the NYSE on October 28, 2015 and the assets were transferred into other Berkshire managed portfolios

BRV Partners Fund I

BRV Partners Fund I was formed in 2015

  • The Fund was formed to target strategic relationships with growing, high potential real estate operating platforms nationwide by investing in entity-level and GP programmatic ventures in a variety of property sectors
  • Total expected capitalization of $2.2 billion when fully invested

Berkshire Multifamily USA Property Partners

Formed in 2014, Berkshire Multifamily USA Property Partners is a partnership formed between two separate account clients

  • Total capitalization of $1.2 billion
  • Investing in core plus and select development opportunities across the U.S., with a focus on the top 20 major metro markets
  • The current portfolio is geographically diversified, with assets in 10 metro markets