Griffis Residential Closes $407 Million Apartment Fund
Griffis Residential, a Denver-based multifamily investment and management firm, held final closing of its fourth private equity real estate investment fund, Griffis Premium Apartment Fund IV, with $407 million in capital.
Fund IV is targeting about $1 billion in multifamily apartment investments primarily in Colorado, Texas, Washington, Oregon and California.
Fund IV will pursue the same investment strategy as its predecessor funds creating…