Clear Investment Group has announced plans to raise a new $300 million Fund, Clear Opportunities Fund II, to acquire multifamily housing projects across the country.
“Our strategy has always been to identify undervalued properties in emerging markets and transform them into high-quality housing communities,” said Amy Rubenstein, CEO of Clear Investment Group. “This new Fund will allow us to expand our reach, improve housing accessibility, and continue delivering value to both our residents and investors.”
With the new fund, Clear plans to accelerate its acquisition pipeline, targeting properties with strong fundamentals and untapped potential in stable secondary and tertiary markets where demand for quality workforce housing is highly inelastic due to the lack of supply, and where rentals have continued to rise disproportionately to the broader rental market.
Clear Investment Group was founded in 2003 by Amy Rubenstein with the mission of preserving investors’ wealth through preserving our nation’s communities. And we’re proud to say we’ve done just that for over 20 years. With our mission and talented team driving us, we’ve consistently delivered returns well beyond the market standard. Our leadership team brings over 66 years’ experience in the industry, successfully acquiring, managing and redeveloping real assets in distressed multifamily sector.
