Broad Creek Capital Acquires 315-Unit Sarasota Multifamily Community Following Successful Second Close of Multifamily Advantage Fund
Broad Creek Capital ("BCC"), a private markets investment firm focused on U.S. real assets, today announced the acquisition of The Crossing at Palm Aire, a 315-unit Class A multifamily community in Sarasota, Florida, following the successful second close of its Multifamily Advantage Fund I ("MAF I"). BCC acquired the property alongside co-sponsor Hillridge Capital, with Abod Capital Solutions investing as a co-limited partner in the joint venture.
Broad Creek Capital Announces First Close of $150 Million Multifamily Fund and Inaugural Acquisition in Charlotte, NC
Broad Creek Capital (“BCC”), a private-markets investment firm focused on U.S. real assets, today announced the first close of BCC Multifamily Advantage Fund I (“BCC MAF I”), its dedicated U.S. value-add multifamily vehicle. The fund is anchored by a select group of U.S. municipal institutions and family offices across the United States and Europe.
