Where luxury meets certainty.

Accessibility

Accessibility

Making Properfy accessible to everyone.

Properfy is committed to making ProperfyHomes.com, the Properfy LP Portal, and the Properfy resident portal accessible to people with disabilities. We work to align our digital experiences with recognized accessibility standards.

Last updated: January 1, 2026

Our standard

We design ProperfyHomes.com and our portals with the aim of substantial conformance with the Web Content Accessibility Guidelines (WCAG) 2.1 at Level AA. This includes considerations for keyboard navigation, screen-reader compatibility, color contrast, and clear navigation.

Ongoing effort

Accessibility is an ongoing effort. We test our digital experiences during design and development, and we welcome feedback from users. If you encounter a barrier to accessibility while using our services, please let us know so we can address it.

Physical premises

Properfy is committed to compliance with the Americans with Disabilities Act (ADA), the Fair Housing Act, and applicable state and local accessibility laws with respect to its office facilities and its rental homes. Requests for reasonable accommodation regarding tenancy should be directed to [email protected].

Contact

To report an accessibility barrier or request assistance, please email [email protected] or call the Properfy office at 972.945.5050. We aim to respond to accessibility inquiries within two business days.

LP Portal

Limited Partner Portal

Direct access to your Properfy commitments.

The Properfy LP Portal provides admitted limited partners with 24/7 access to fund reports, capital account statements, notices, K-1s, and portfolio data. Access is restricted to admitted LPs and their authorized representatives.

Sign in

Please enter your registered email address to receive a secure sign-in link. If you have not received your credentials or need to add an authorized representative, please contact Investor Relations.

This portal is for admitted limited partners only. Any unauthorized access is prohibited. If you are not a Properfy LP, please visit the LP Investors page.

What the portal provides

Reports, statements, and notices — in one place.

  • Quarterly financial and portfolio reports
  • Annual audited financial statements
  • Capital account statements and contribution/distribution notices
  • Schedule K-1s and other tax documents
  • Fund-level valuation reports
  • Portfolio-level ESG metrics
  • LP Advisory Committee materials
  • Direct-message channel to Investor Relations

The LP Portal is provided as a convenience to LPs. In the event of any conflict between materials on the portal and the definitive fund documents, the definitive fund documents govern.

Need help with LP Portal access?

Contact Investor Relations →

News & Insights

News & Insights

Field notes from the single-family rental market.

Perspectives from the Properfy operating team on the U.S. housing market, single-family rental fundamentals, and portfolio-level operating discipline.

Field note

Why cost-per-door is the metric that matters.

The single most predictive underwriting input for stabilized SFR returns is all-in cost-per-door — not headline cap rate. A note on how Properfy models it, and why it changes portfolio construction.

Coming soon.

Market view

The Sun Belt after the migration wave.

Population growth has moderated from its 2021 peak in most Sun Belt metros — but the underlying household-formation gap has widened, not narrowed. A closer look at the metros that continue to lead.

Coming soon.

Operating note

Absorption rate as an operating KPI.

Cycle time from acquisition to first-lease-signed is a leading indicator of platform health. How Properfy measures it, why the standardization matters, and what it says about operator quality.

Coming soon.

Governance

What LP alignment actually looks like.

Preferred returns, escrowed carry, whole-fund waterfalls, and clawback provisions — a walk-through of the alignment terms Properfy uses across its fund lineup, and what they mean in practice.

Coming soon.

Resident experience

Retention starts at the lease signing.

Full disclosure of rent-adjustment mechanics at signing is the single highest-leverage change to resident retention. A note on why, and what a plain-English lease looks like at Properfy.

Coming soon.

ESG

Efficiency as an operating margin, not a marketing story.

Energy, water, and emissions investments earn their returns in operating cost and resident stability. A framework for evaluating efficiency capex on the Properfy portfolio.

Coming soon.

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Leadership

Leadership

Operator-led, from the top.

Properfy is led by an operating team with direct experience in capital allocation, real estate operations, construction and renovation, and large-scale public and private programs.

Alexandra Pohl, Founder and CEO of Properfy
Founder & CEO

Alexandra Pohl

Founder and Chief Executive Officer

Alexandra founded Properfy on a conviction that the American housing market has been underserved by builders and operators who treat cycle time, lot pipeline, and affordability as talking points rather than as core business competencies. Properfy engineers those disciplines as operating systems.

Before Properfy, Alexandra held senior operational roles across complex multi-site industrial environments where she applied lean and Toyota Production System methodologies to capital-intensive programs. She has also worked closely with a family real estate portfolio, giving her direct exposure to capital and asset performance in private real estate.

In public infrastructure, she has personally directed programs and capital projects totaling $300 million or more, coordinating engineering, contracting, community stakeholders, and public agencies to deliver on schedule and on budget.

Alexandra chairs the Properfy Investment Committee and serves as Key Person under each fund's LPA. She holds an MBA in Global Business Management.

Building the team

Institutional experience, market by market.

Properfy is scaling a team of investment, construction, property-management, and resident-experience professionals across our primary Sun Belt markets. Additional leadership hires will be announced as they are onboarded.

If you are an experienced operator interested in joining the Properfy platform, please reach out to [email protected].

ESG & Governance

ESG & Governance

Better homes. Better communities. Better governance.

Environmental, social, and governance discipline is embedded in the Properfy operating model — not a marketing overlay. We measure it, we report it, and we hold ourselves accountable to it.

Environmental

Efficiency by design and by operation.

Every home in the Properfy portfolio is measured for energy, water, and emissions performance. Renovation and build-to-rent specifications prioritize efficiency upgrades that reduce operating cost for residents and reduce portfolio-level emissions.

Energy efficiency

Insulation, HVAC efficiency, LED lighting, and Energy Star appliances are the default specification for all renovations and build-to-rent deliveries.

Water conservation

Low-flow fixtures, smart irrigation, and drought-tolerant landscaping are specified in target Sun Belt markets where water stress is elevated.

Emissions tracking

Portfolio-level scope 1 and scope 2 emissions are measured annually. Reduction goals are set on a rolling three-year basis and reported to LPs.

Waste & renovation

Renovation debris is diverted from landfill where feasible. Cabinets, appliances, and fixtures are salvaged or donated where reuse is practical.

Climate resilience

Wind, flood, wildfire, and named-storm exposure is factored into acquisition underwriting and portfolio-level insurance placement.

Third-party alignment

Properfy's ESG program is designed to align with recognized private-real-estate frameworks. Framework alignment is disclosed annually to LPs.

Social

Homes that serve residents and communities.

Resident experience

Transparent lease terms, plain-English rent-adjustment mechanics, responsive maintenance, and a digital resident portal that treats residents like customers, not line items.

Fair housing

Every resident-facing team member completes fair-housing training annually. Applications are evaluated on defined, published criteria — never on protected characteristics. See Fair Housing.

Local hiring

Construction, renovation, property management, and resident services roles are hired in-market. Local employment is a durable community-level benefit and a durable operating advantage.

Community investment

Properfy participates in community programs in each of its primary markets, prioritizing programs that support education, workforce development, and housing stability.

Team development

Ongoing training in construction quality, fair housing, resident communication, and safety. Career pathing across the platform for high-performing team members.

Vendor diversity

Properfy tracks and reports on the diversity of its construction and renovation vendor base. Reviewed annually with the operating team.

Governance

The governance structure LPs should expect.

Vehicle
Delaware Limited Partnership
Auditor
PricewaterhouseCoopers
Counsel
LePore Law Group
Administration
Third-party institutional fund administrator
Investment Committee
Chaired by Alexandra Pohl, Founder & CEO. Defined quorum and voting requirements.
Key person
Alexandra Pohl. Suspension mechanics defined in each LPA.
LP Advisory Committee
Established at first close on every fund with defined rights.
Compliance
Dedicated in-house compliance function. Annual review of policies.

This page describes the Properfy ESG program at a summary level. It is not, and should not be construed as, an investment recommendation or an offer to sell any security.

Buyers & Renters

For Buyers & Renters

A home that fits your life,
on terms you can trust.

Properfy homes are professionally maintained single-family residences in the neighborhoods where growing families want to live. We offer full lease-term, rental-adjustment, and maintenance disclosure at signing — because a home should never come with surprises.

See available homes → The Properfy resident promise
Our promise to residents

Transparent terms. Responsive service. Real people.

We built Properfy around a simple standard: residents deserve the same discipline, transparency, and respect that institutions demand from a real estate operator.

Full disclosure at signing

Every Properfy lease is issued with a plain-English summary of the term, base rent, annual rent-adjustment mechanics, security deposit, and maintenance responsibilities. Nothing hidden. Nothing changed later.

Responsive maintenance

Maintenance requests are logged in the resident portal, triaged by an in-house dispatcher, and completed by vetted vendors on defined response-time standards. Emergency response is 24/7.

Digital resident portal

Pay rent, submit maintenance requests, view lease documents, and update contact information — anytime, from any device. No paperwork. No delays.

Consistent quality

Every Properfy home is renovated and made ready to a defined finish-quality standard before you move in. Systems inspected. Appliances checked. Photos on file.

Fair housing, always

Every Properfy team member completes fair-housing training annually. We rent to qualified residents based on defined, published criteria — never on protected characteristics. See our Fair Housing statement.

Long-term relationship

We plan for residents to stay. Lease renewals are offered with transparent rent-adjustment mechanics defined at signing — not on ad-hoc renewal offers.

Available homes

Homes across the Sun Belt.

Properfy is actively expanding its rental portfolio across our primary Sun Belt markets. Current availability listings are provided to qualified applicants by our leasing team.

Register your interest

Tell us the market you are looking in, your target move-in window, and your household needs. Our leasing team will follow up with matching availability.

Register interest →

Resident support

Real people. Real numbers.

For general resident inquiries, please contact our leasing and resident services team. Emergency maintenance is dispatched 24/7 through the resident portal.

Leasing & new residents

Availability, applications, lease terms, and move-in logistics.

Office: 972.945.5050

Email: [email protected]

Current residents

Renewals, maintenance follow-up, and account questions.

Office: 972.945.5050

Email: [email protected]

Emergencies

Water leak, no-heat, or safety issues. Available 24 hours a day, seven days a week through the Properfy resident portal.

LP Investors

For Limited Partners

Institutional discipline. Transparent alignment. Direct access.

Properfy raises capital from qualified institutions, family offices, endowments, foundations, and high-net-worth allocators. Every LP relationship is built on the same foundation: aligned economics, transparent reporting, and direct access to the operating team.

Alignment

How Properfy aligns with its LPs.

GP commitment

The GP commits 2% of total commitments across every Properfy fund, invested pari passu with LPs. Meaningful principal capital is at stake in every commitment.

Escrowed carry with clawback

30% of carried interest sits in escrow subject to a full clawback provision if fund-level returns do not meet the preferred return over the fund's life.

Preferred return

An 8% preferred return is paid to LPs before any carried interest is distributed. European whole-fund waterfall governs.

LP Advisory Committee

An LPAC is established at first close on every fund with defined governance rights over conflicts, valuation, and material amendments.

Reporting cadence

Quarterly financial and portfolio reports. Annual audited financial statements. Ad-hoc LP calls on material events. Access to the operating team.

Fee transparency

All fees, expenses, and reimbursements are disclosed in the LPA and reported quarterly. No hidden charges. No off-balance-sheet arrangements.

Onboarding process

A defined process. A clear timeline.

1 · Introduction

Initial call with Investor Relations to review the platform, the target fund, and the LP's investment objectives, allocation mandate, and diligence process.

2 · Data room

Access to the Properfy data room. Review of the fund's Confidential Private Placement Memorandum, LPA, subscription documents, and diligence materials.

3 · Diligence

Operating-team meetings, on-site portfolio review where relevant, reference calls with existing LPs, and Q&A across investment, operations, and compliance.

4 · Commitment

Execution of subscription documents, KYC/AML and accreditation verification, and admission to the fund. Access to the LP Portal is provisioned at admission.

Governance and service providers

Institutional infrastructure from day one.

Every Properfy fund is supported by an institutional-grade infrastructure of third-party service providers, chosen for depth of experience in private real estate funds.

Auditor
PricewaterhouseCoopers
Legal counsel
LePore Law Group
Fund administration
Third-party institutional administrator
Custodian
Institutional custodial bank
Investment Committee chair
Alexandra Pohl, Founder & CEO (also Key Person)

Ready to begin the LP onboarding process?

Request Introductory Call →

Fund Lineup

Fund Lineup

Thirteen investment funds across two vintages. Four operations vehicles. Four reserves.

Properfy's platform is capitalized across 21 institutional vehicles: 13 Investment Funds ($12.49B), 4 Operations Funds ($1.78B), and 4 Reserve Funds ($3.57B) — each with a defined mandate, fund size, term, and LP allocation. The 2026 vintage represents $10.49B of all-in committed capital, with an additional $7.35B in the 2028 vintage, for $17.84B across the platform.

2026 Vintage · 7 Investment Funds · $7.35B

I

Core SFR Portfolio Acquisition

Acquisition of stabilized single-family rental portfolios in primary Sun Belt markets. Also covers brick-and-mortar buildings, hiring, administration, legal, due diligence, and platform launch expenditures.

Fund size
$1.67B
Vintage
2026
Strategy
Core SFR Portfolio Acquisition
Term
12–15 years + two 1-year extensions
II

Build-to-Rent Community Development

Ground-up development of purpose-built rental communities in high-growth Sun Belt sub-markets. Vertically integrated with the platform's construction team.

Fund size
$2.32B
Vintage
2026
Strategy
Build-to-Rent Community Development
Term
12–15 years + two 1-year extensions
III

SFR Value-Add & Renovation

Acquisition of scattered-site homes and small portfolios with a defined renovation scope. Standardized make-ready and lease-up execution.

Fund size
$500M
Vintage
2026
Strategy
SFR Value-Add and Renovation
Term
12–15 years + two 1-year extensions
IV

SFR Management Technology Platform

Capitalization of the resident and property-management technology stack — leasing, maintenance dispatch, resident portal, and portfolio-level analytics.

Fund size
$760M
Vintage
2026
Strategy
SFR Management Technology Platform
Term
12–15 years + two 1-year extensions
V

SFR Mortgage Lending

Whole-loan origination secured by single-family rental homes, both first-lien and mezzanine, at the platform's underwriting standard.

Fund size
$720M
Vintage
2026
Strategy
SFR Mortgage Lending
Term
12–15 years + two 1-year extensions
VI

Military & Government Housing

Acquisition and development of purpose-oriented housing serving active-duty, veteran, and civilian government workforce populations.

Fund size
$870M
Vintage
2026
Strategy
Military and Government Housing
Term
12–15 years + two 1-year extensions
VII

Luxury Single-Family Rental

Selective acquisition and development of premium single-family rental homes for high-income tenants in target primary markets.

Fund size
$510M
Vintage
2026
Strategy
Luxury Single-Family Rental
Term
12–15 years + two 1-year extensions

Operations Funds · 2 vehicles · $1.05B

Ops I

Properfy Operations Fund I

Property management, maintenance, and leasing infrastructure supporting the 2026-vintage investment portfolio.

Fund size
$529M
Vintage
2026
Strategy
Property Management, Maintenance and Leasing
Tier
Operations
Ops II

Properfy Operations Fund II

Technology and tenant portal systems — resident experience, leasing workflows, and portfolio-level operating tools.

Fund size
$520M
Vintage
2026
Strategy
Technology and Tenant Portal Systems
Tier
Operations

Reserve Funds · 2 vehicles · $2.10B

Res I

Properfy Reserve Fund I

Capital improvement and acquisition reserve supporting the 2026-vintage investment vehicles across the platform.

Fund size
$1.05B
Vintage
2026
Strategy
Capital Improvement and Acquisition Reserve
Tier
Reserve
Res II

Properfy Reserve Fund II

LP co-investment and redemption reserve — liquidity and capital preservation for the 2026 investor base.

Fund size
$1.05B
Vintage
2026
Strategy
LP Co-Investment and Redemption Reserve
Tier
Reserve

2028 Vintage · 6 Investment Funds · $5.14B

VIII

Properfy Core Fund

Stabilized, income-producing assets with low leverage. Long-duration cash flow with disciplined asset selection.

Fund size
$1.54B
Vintage
2028
Strategy
Core — stabilized, low leverage
Term
12–15 years + two 1-year extensions
IX

Properfy Core-Plus Fund

Stabilized assets with light value-add and modest leverage. Selective repositioning without changing the fundamental risk profile.

Fund size
$514M
Vintage
2028
Strategy
Core-Plus — light value-add
Term
12–15 years + two 1-year extensions
X

Properfy Value-Add Fund

Repositioning and operational improvement of undermanaged assets. Moderate risk profile with defined execution playbooks.

Fund size
$771M
Vintage
2028
Strategy
Value-Add — repositioning, moderate risk
Term
12–15 years + two 1-year extensions
XI

Properfy Growth Fund

Growth equity into scaling operators and platforms adjacent to the Properfy investment universe.

Fund size
$771M
Vintage
2028
Strategy
Growth equity — scaling operators & platforms
Term
12–15 years + two 1-year extensions
XII

Properfy Opportunistic Fund

Higher-risk development, distressed, and high-return situations underwritten to opportunistic return targets.

Fund size
$1.03B
Vintage
2028
Strategy
Opportunistic — development, distressed
Term
12–15 years + two 1-year extensions
XIII

Properfy Special Situations Fund

Complex, dislocated, and event-driven investments requiring bespoke structuring and specialized execution.

Fund size
$514M
Vintage
2028
Strategy
Special Situations — complex, event-driven
Term
12–15 years + two 1-year extensions

Operations Funds · 2 vehicles · $735M

Ops III

Properfy Operations Fund III

Property management, maintenance, and leasing infrastructure supporting the 2028-vintage investment portfolio.

Fund size
$371M
Vintage
2028
Strategy
Property Management, Maintenance and Leasing
Tier
Operations
Ops IV

Properfy Operations Fund IV

Technology and tenant portal systems — extending the platform stack across the 2028-vintage portfolio.

Fund size
$364M
Vintage
2028
Strategy
Technology and Tenant Portal Systems
Tier
Operations

Reserve Funds · 2 vehicles · $1.47B

Res III

Properfy Reserve Fund III

Capital improvement and acquisition reserve supporting the 2028-vintage investment vehicles across the platform.

Fund size
$734M
Vintage
2028
Strategy
Capital Improvement and Acquisition Reserve
Tier
Reserve
Res IV

Properfy Reserve Fund IV

LP co-investment and redemption reserve — liquidity and capital preservation for the 2028 investor base.

Fund size
$735M
Vintage
2028
Strategy
LP Co-Investment and Redemption Reserve
Tier
Reserve
Platform capital · combined 2026 + 2028

Three-tier structure across 21 vehicles.

Investment capital is deployed alongside dedicated Operations and Reserve Funds — sized to keep investment vehicles focused on their mandates while portfolio infrastructure, liquidity, and capital preservation are funded through purpose-built companion vehicles.

Investment Funds (13)
$12.49B · 70.0% of platform capital
Operations Funds (4)
$1.78B · 10.0% of platform capital
Reserve Funds (4)
$3.57B · 20.0% of platform capital
Grand total (21 funds)
$17.84B all-in committed capital
2026 vintage
11 funds · $10.49B committed
2028 vintage
10 funds · $7.35B committed
Sector
Property Management Technology
Capital mix
70 / 20 / 10 (Investment / Reserve / Operations)
Common terms across the fund lineup

Aligned economics. Transparent governance.

Terms below apply broadly across the Properfy 13-fund investment lineup. Fund-specific LPAs govern. Details are made available to qualified prospective LPs upon completion of the LP onboarding process.

Vehicle
Delaware Limited Partnership
GP commitment
2% of total commitments
Carried interest
Fund-level; 30% escrowed subject to clawback
Preferred return
8%
Distribution waterfall
European whole-fund waterfall
Leverage
Fund-specific; capped by LPA
Reporting
Quarterly financial & portfolio; annual audited
Governance
LP Advisory Committee established at first close

The information above is a summary only and is qualified in its entirety by the definitive offering documents of each fund. This page is not, and should not be construed as, an offer to sell or a solicitation of an offer to buy any security. Any such offer or solicitation will be made only by means of the applicable Confidential Private Placement Memorandum and related subscription documents, delivered to qualified investors.

Reviewing a commitment? Request the data room.

For LP Investors →

Strategy

Investment Strategy

A defined thesis. A disciplined process. A repeatable outcome.

Properfy's investment strategy is built around four durable tailwinds in the U.S. housing market — and a repeatable operating process that translates those tailwinds into stabilized, cash-flowing single-family rental portfolios.

Market thesis

Four durable tailwinds. One integrated platform.

01

Structural housing shortfall

The U.S. housing market has been underbuilt for more than a decade. The gap between household formation and net new deliveries continues to widen in Sun Belt growth markets, creating durable rental demand.

02

Rental preference and mobility

A larger share of households — millennials, dual-income families, and relocating professionals — are choosing single-family rental over ownership for lifestyle and mobility reasons, independent of affordability.

03

Institutional consolidation

Single-family rental remains fragmented, with the largest operators controlling only single-digit market share. Institutional consolidation is early, and disciplined operators are positioned to compound.

04

Operating margin arbitrage

Cost-per-door discipline, in-house make-ready, and integrated property management deliver a persistent operating margin advantage over fragmented, episodic ownership.

Process

Source. Evaluate. Improve. Realize.

Every commitment moves through the same four-stage process, governed by the Investment Committee. No capital deployment occurs before Stage 3 approval.

1 · Source

National broker network, institutional portfolio sellers, corporate relocation programs, off-market homeowner outreach, and MLS-level absorption tracking across target metros.

2 · Evaluate

Each candidate underwritten on all-in cost-per-door, market rent versus underwriting rent, three financial scenarios, absorption rate, and portfolio concentration limits.

3 · Improve

Homes enter make-ready within 14 days of closing. Renovation scope is standardized by product tier, budgeted to cost-per-door, and executed by the in-house construction team.

4 · Realize

Stabilized portfolios evaluated for sale to institutional SFR aggregators, REIT platforms, recapitalization events, or evergreen hold in the Reserve vehicle.

Risk management

Portfolio-level guardrails that hold up in every cycle.

Concentration limits

Maximum exposure by market, sub-market, product type, and vintage. Reviewed and disclosed quarterly.

Leverage discipline

Fund-level leverage capped by LPA. Rate-lock and hedging policies applied at portfolio and asset level. No floating-rate exposure without documented hedge.

Insurance & catastrophe

Portfolio-level property, liability, wind, and flood coverage placed with rated carriers. Named-storm and wildfire deductibles reviewed annually.

Vendor and platform risk

Vendor diversification requirements across construction, brokerage, insurance, and technology. No single-vendor concentration above defined thresholds.

Compliance & regulatory

Fair housing training for every resident-facing team member. Federal, state, and local landlord-tenant law compliance managed by dedicated in-house function.

ESG and governance

Portfolio-level energy, water, and emissions tracking. Third-party ESG framework alignment. Refer to ESG page for details.

Ready to review fund-level terms?

Fund Lineup →

About

Platform

Compounding institutional capital across the American single-family home.

An operator-led single-family housing platform built for discipline, permanence, and resident-first management — with a defined operating model that treats cost-per-door, cycle time, and resident retention as first-class business metrics.

Our purpose

Smart, sustainable homes for growing families and thriving communities.

The single-family rental market is one of the most fragmented, undermanaged, and underserved segments of U.S. real estate. Properfy was founded to bring institutional discipline, transparent LP alignment, and a rigorous operating model to a category dominated by episodic buyers and inconsistent operators.

Our platform combines in-house acquisition, construction and renovation, property management, and asset management under a single operating team. Every home passes through the same disciplined process — sourced, evaluated, improved, and stabilized — before it enters the rental pool or is offered to a resident buyer.

Properfy single-family home exterior
The Properfy operating model

Six functions. One integrated platform.

Investment strategy, sourcing, construction, property management, resident experience, and capital markets — coordinated under a single operating team.

Investment & Strategy

Fund construction, market allocation, IC governance, portfolio-level underwriting standards, and quarterly LP reporting.

Sourcing & Acquisitions

National broker network, institutional portfolio sellers, corporate relocation programs, and off-market homeowner outreach targeting Sun Belt growth markets.

Construction & Renovation

In-house make-ready and renovation teams execute a defined finish-quality standard on a defined cost-per-door budget, with a defined cycle time.

Property Management

Full-service leasing, maintenance, resident support, and vendor management delivered by the platform — not outsourced.

Resident Experience

Digital resident portal, transparent lease terms and adjustment schedules, responsive maintenance, and community programming that drive retention.

Capital Markets & IR

Direct LP relationships, quarterly financial and portfolio reports, annual audited financial statements, and a dedicated LP portal.

Where we operate

Concentrated in Sun Belt growth markets.

Properfy focuses capital on markets with durable population growth, favorable business climate, and diverse employment bases — anchored by primary Sun Belt metros with a secondary expansion pipeline.

Primary markets

  • Dallas-Fort Worth, TX
  • Atlanta, GA
  • Phoenix, AZ
  • Tampa, FL
  • Charlotte, NC
  • Raleigh, NC
  • Nashville, TN
  • Austin, TX

Secondary markets

  • Jacksonville, FL
  • San Antonio, TX
  • Las Vegas, NV
  • Selective additions on a market-scoring framework updated annually.

Market allocation is reviewed by the Investment Committee each fund cycle. Concentration limits are defined in each fund's LPA.

See the 13-fund investment lineup in detail.

Fund Lineup →