News

TURNER IMPACT CAPITAL EXPANDS ITS SOCIAL IMPACT INVESTMENT PLATFORM BY LAUNCHING NEW FUND TO ADDRESS WORKFORCE HOUSING SHORTAGE

Press Release

June 03, 2015

New fund plans to acquire up to $1 billion in multifamily properties nationwide; focus will be on acquiring, improving and preserving workforce housing in densely-populated, ethnically diverseareas

To help address the growing shortage of affordable workforce rental housing across the United States, Turner Impact Capital(TIC) has launched the Turner Multifamily Impact Fund with plans to acquire and manage up to $1 billion in apartment communities in urban markets throughout the United States.

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