Virtus Real Estate Capital Closes $578 million for Virtus Real Estate Capital III, LP

Virtus Real Estate Capital (“Virtus”), an Austin-based private equity real estate fund manager focused exclusively on cycle-resilient property types, announced the final close of Virtus Real Estate Capital III, LP (“VREC III”).  VREC III is the third installment in Virtus’ flagship Value-Add/Opportunistic fund series, which closed with approximately $578 million of capital commitments, exceeding Virtus’ target of $500 million.

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