Trez Capital Raises $43M for Eighth US Opportunity Fund

Commercial real estate investor Trez Capital has closed its eighth US opportunity fund with $43M in capital commitments.

Trez Capital US Opportunity Fund #8 exceeded its initial target after receiving support from accredited Canadian investors. The fund will seek to invest in residential real estate development projects, especially residential lot development, within the US Sun Belt region, and is expected to generate 17% to 19% in pre-tax IRR on investments in eight to 10 developments. The Fund VIII amount brings total raised capital across the firm’s opportunistic funds to $126.9M.

Trez Corporate Group manages over CAD$5.4B (~$3.79B) in AUM and has executed over 1,800 transactions representing CAD$20B ($14.05B).