Marquette Companies, a national leader in multifamily development, investment and management, is announcing the launch of its Marquette SE Fund 25, a co-investment sponsor equity fund with a target size of $15 million for investment in high-quality multifamily developments with value-add opportunities.
“We’re approaching a period where the market offers outstanding opportunities for well-capitalized organizations with experience in multifamily,” said Trevor Ryan, president of Marquette Companies. “The market we’re in plays directly to our strengths – backed by 41 years of success in acquisitions, value-add and operations – and we are well positioned to successfully execute our strategy.
While not restricted by geography, the focus of the fund will be on properties located in the Midwest region, with acquisitions taking place over the next 18 months. Marquette has been particularly active in the Midwest over the past several months with multiple transactions in locations like Gross Pointe, Mich.; Ann Arbor, Mich.; Lake Bluff, Ill.; and Naperville, Ill.
Ryan points to the firm’s recent acquisition of Ascend St. Charles, in St. Charles, Ill., as an example of the kind of properties the fund will include. The 400-unit, garden-style apartment community is located near top schools and major employers, in an area where demand is high and no new deliveries are expected until 2029. Offering a range of unit sizes and sought-after amenities, rent growth through property improvements are expected to bring strong returns.
“Given the strong demand metrics and solid fundamentals the region exhibits, we anticipate many of our acquisitions will be near major Midwest cities, especially in suburban areas,” said Ryan. “Though our focus will be in these markets, if an opportunity outside of the Midwest meets our strict acquisition criteria, we will still consider pursuing it.”
The fund is open to high-net-worth individuals, family offices, wealth management advisers and other accredited investors.
About Marquette Companies:
Based in Naperville, Ill., Marquette Companies is a multifamily development company and investment leader with a 41-year track record of success in markets across the country. The firm’s vertically integrated approach, with in-house capabilities in acquisition, construction, asset, property and construction management, enables its team to control all aspects of investments and has positioned the firm as a leading player in the multifamily investment space. Marquette’s vision is to be the top choice for living, working and investing by delivering exceptional living spaces and unparalleled customer service. The firm received 2024 Multi-Housing News Excellence Awards for Development Company of the Year (Gold honors) and Property Management Company of the Year (Silver honors), as well as a Top Employers Award from the National Apartment Association and ranked #2 among the Nation’s Top Operators Overall in Opiniion’s prestigious 2023 Resident ChoiceAwards. For more information, visit www.marquettecompanies.com.
Ascend St. Charles: Located on a 25-acre site in St. Charles, Ill., Ascend St. Charles is an example of the types of rental communities that will be the focus of the new fund from Marquette Companies.