The Virtu Multifamily Opportunity Fund will invest in the acquisition, renovation, and repositioning of apartment properties in the Western US.
Fund operations include a significant focus on deploying cost-effective energy and water efficiency retrofits as well as other green building improvements.
Fund acquisitions will concentrate on the opportunistic purchase of value-add, distressed, and undercapitalized assets that exist in strong markets outside of the traditional institutional areas of focus.
Alongside Virtu’s traditional value-add strategies, the Fund is deploying Virtu’s proprietary GreenLiving sustainability program.
The Virtu Multifamily Opportunity Fund is structured as a co-investment fund and may invest alongside Virtu’s other equity partners, including family offices, hedge funds and institutional investors.
