Timberlane Targets $200M for Second Closed-end Multifamily RE Fund

Seattle-based Timberlane Partners plans to launch its second closed-end multifamily-focused real estate fund with an aim to raise $200M, double of what it secured for the fund's predecessor.

The real estate investment, development and asset management firm is yet to formally begin the sale of Timberlane Acquisition Fund II. It set the minimum investment amount at $250K, indicating that the sale will last more than a year.

The multifamily property-focused Timberlane Partners closed the first Timberlane Acquisition Fund in 2024 with over $100M in committed capital. The first fund generated support from ultra-high-net-worth investors, family offices and RIAs.

According to its website, Timberlane Partners is focused primarily on the acquisition and development of properties along the West Coast and Mountain West regions of the US and has acquired and built more than $1B worth of assets in those markets.