DALLAS and TORONTO, Nov. 12, 2021 (GLOBE NEWSWIRE) — Lincoln Property Company’s residential division (“Lincoln Residential”) and its partner, Cadillac Fairview, as co-sponsor, have grown their US multifamily fund from $800 million to $1.8 billion in equity. Lincoln Residential, Cadillac Fairview and the Investment Management Corporation of Ontario (IMCO) contributed to the $1.0 billion expansion.
The fund will continue to work as a long-term investment vehicle, focusing on the development and acquisition of high-quality multifamily assets in top US markets. To date, the fund has acquired several luxury communities including:
