DJIA51828.62 478.64
S&P 5007743.41 39.28
NASDAQ27068.72 129.34
Russell 20002837.55 1.98
German DAX25408.64 142.11
FTSE 10010695.25 15.26
CAC 408077.80 -3.63
EuroStoxx 506298.15 25.20
Nikkei 22565877.62 -486.58
Hang Seng24510.09 -251.04
Shanghai Comp3888.37 -48.15
KOSPI6889.74 -191.18
Bloomberg Comm IDX144.32 -1.62
WTI Crude-fut100.49 3.02
Brent Crude-fut94.75 2.31
Natural Gas3.14 -0.12
Gasoline-fut3.24 0.05
Gold-fut4180.90 -139.60
Silver-fut61.60 -3.11
Platinum-fut1749.90 -50.90
Palladium-fut1230.00 -47.50
Copper-fut6.64 -0.14
Aluminum-spot3195.00 0.00
Coffee-fut283.40 5.30
Soybeans-fut1294.25 -25.75
Wheat-fut696.50 -7.50
Bitcoin83352.48 -765.04
Ethereum USD2682.77 -10.50
Litecoin72.15 -1.02
Dogecoin0.09 0.00
EUR/USD1.1401 0.0031
USD/JPY157.17 -1.66
GBP/USD1.3258 0.0033
USD/CHF0.8279 -0.0001
USD IDX101.12 0.08
US 10-Yr TR5.223 0.042
GER 10-Yr TR3.6293 0.0061
UK 10-Yr TR5.3977 0.032
JAP 10-Yr TR3.089 0.001
Fed Funds4 0
SOFR3.9 0.02
High-rise commercial buildings

Sub Markets

Topics

Alternative Assets  + Real Estate  | 
Momentum Real Estate Partners Closes Fourth Fund Over $140M

Momentum Real Estate Partners Closes Fourth Fund Over $140M 

Momentum Real Estate Partners, a private equity firm in the real estate sector, announced the closing of Fund IV with a capital raise of more than $140 million. The new fund surpasses its previous fund by 29%. 

Fund IV will focus on acquiring and managing multifamily communities across the US. The fund has already acquired Drift at the Forum in Ft. Myers, FL, and has an upcoming acquisition in Nashville, TN.  

Utilizing technology and management techniques, Fund IV aims to provide value to investors while enhancing the resident experience, according to the firm. 

“The closing of Fund IV enhances our firm’s capabilities and emphasizes our focus on identifying and capitalizing on promising opportunities in the multifamily market,” said Mauricio Gruener, Co-President and Co-CEO of Momentum Real Estate Partners. 

Based in Miami, Momentum Real Estate Partners has a 10-year history of investments in major US markets, totaling $748 million in property value. The firm’s portfolio includes 19 projects and approximately 4,900 residential units across 14 cities. 

From Left: Mauricio Gruener, co-president, co-CEO | Eduardo Gruener, co-president, co-CEO 

Connect

Inside The Story

Momentum Real Estate Partners

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.