Eagle Property Capital Investments LLC, a Miami investor in apartment properties, has partnered with Promecap, a Mexico City private-equity investor and completed raising $140 million of a targeted $400 million of commitments for a fund that would pursue value-add apartment properties in certain Sunbelt markets. Capital raising is being done in part through a Luxembourg Reserved Alternative Investment Fund, or RAIF.

The post Mexican Private-Equity Player Partners with Miami Investor to Raise Apartment Fund appeared first on Commercial Real Estate Direct.