Bell Partners VI

Overview

• CBRE Capital Advisors acted as placement agent to Bell Partners on the formation of Bell Apartment Fund VI, a fully discretionary closed-end multifamily investment fund
• Founded in 1976, Bell Partners is a private real estate company focused on the acquisition, reposition, and management of apartment communities in major markets throughout the United States
• Sponsor was seeking $400 million in discretionary equity capital for Bell Apartment Fund VI, their third institutional fund, focused on generating attractive current income and superior total returns through lower risk, value-added enhancement strategies
• Fund was over-subscribed to its hard cap of $600 million
• Investors in Bell VI include all investors from Fund V and five additional new LPs
• CBRE Capital Advisors also served as Placement Agent to Bell Partners for its previous fund, Bell V