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aid press release. Contact the distributor directly for inquiries. /PRNewswire/ – Milestone Group, a premier private‑equity real‑estate firm, has closed its sixth discretionary vehicle, Milestone Real Estate Investors VI, LP (Fund VI), hitting its $1.1 billion hard cap. The fund was oversubscribed, underscoring robust demand for Milestone’s value‑add approach and its 20‑year track record amid a tough fundraising climate. COO Chris Bartlett thanked investors for their confidence, noting that the strong demand reflects Milestone’s consistent performance across cycles and positions Fund VI to acquire high‑quality multifamily assets at attractive prices while maintaining a disciplined, risk‑aware strategy.

    Fund VI continues Milestone’s flagship model of buying and repositioning middle‑market suburban multifamily communities in high‑growth Sunbelt and Mid‑Atlantic markets. The vehicle targets well‑located, undercapitalized, and under‑managed properties with embedded growth potential. Co‑Managing Partner Jeffrey Goldberg highlighted the firm’s solutions‑oriented transaction philosophy, working closely with sellers to employ creative structures—recapitalizations, debt assumptions, entity purchases, portfolio acquisitions, and rescue capital—to optimize capital structures and facilitate refinancings.

    Since its inception, Milestone has deployed over $9 billion across more than 90,000 units, delivering top‑quartile returns in all prior discretionary funds per the latest Cambridge Private Real Estate Index. Fund VI has already closed deals in South Florida, Northern Virginia, and Denver, each purchased at a meaningful discount to replacement cost and supported by strong fundamentals. The investor base includes leading global institutions: public and private pension funds, insurance companies, foundations, a sovereign wealth fund, family offices, and ultra‑high‑net‑worth investors.