Tioga Capital Closes Third Fund at $80M, Targets More Sun Belt Opportunities

Tioga Capital, an Atlanta-based real estate investment firm, has closed its third fund, Tioga Partners III LP, with $80 million in total capital commitments and above its initial target of $60 million.

The fund will continue to invest in real estate across the Sun Belt region while pursuing the same investment strategy from its predecessor fund, Tioga Partners II LP, targeting investments between $5 million and $30 million.

Fund III has made investments across multi-family, single-family and commercial assets located in the Atlanta, Austin, Houston, Jacksonville and Pensacola metropolitan statistical areas (MSAs).

“The current environment has created disruption in the financial markets and a challenging time for real estate sponsors seeking capital,” noted John Bradner, Tioga director. “Fortunately, Tioga has capital available to invest across the capital stack and the experience to efficiently operate in a dislocated market.”