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TURNER MULTIFAMILY IMPACT FUND MAKES FIRST ACQUISITION: 599-UNIT REGENCY POINTE IN PRINCE GEORGE’S COUNTY NEAR WASHINGTON, D.C.

Press Release

June 09, 2015

Social impact investment focuses on preserving and enriching affordable multifamily housing while generating strong risk-adjusted financial returns

The Turner Multifamily Impact Fund, a real estate investment fund managed by Turner Impact Capital and focused on addressing the growing shortage of affordable workforce housing in urban markets across the nation, announced the closing on its first acquisition — Regency Pointe, a 599-unit, 48-building garden-style housingc ommunity located in the Washington-Arlington-Alexandria metropolitan area.

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