JVM Closes Two Equity Funds that Raised a Combined $109 Million
JVM Realty Corp. recently closed its Fund 6 and Premier Fund II equity funds. Combined, the funds raised $109 million. Investors in the funds include high net worth individuals, trusts and insurance companies.
The two funds are currently co-invested in four apartment communities in Indianapolis, Kansas City and suburban Chicago, and are set to co-invest in a fifth community later this month. Premier Fund II has invested in an additional community in Aurora, Ill.