Turner Impact Capital

Turner Impact Capital announced this week that we have launched our third multifamily housing fund to scale access to affordable workforce housing throughout the United States. Turner Multifamily Impact Fund III is on course to invest over $2.3 billion to acquire and preserve existing workforce housing communities, or to pursue new development. The Fund has already completed its first two acquisitions, in Minneapolis and Las Vegas. TMIF III builds on the success of our first two housing funds, which preserved and enriched approx. $2 billion of workforce housing nationwide. It's all part of our mission of delivering profits with a purpose. Read more in our press release: https://lnkd.in/gJGc7QBy #impinv #workforcehousing #impactinvesting

Turner Impact Capital announced this week that we have launched our third multifamily housing fund to scale access to affordable workforce housing throughout the United States. Turner Multifamily Impact Fund III is on course to invest over $2.3 billion to acquire and preserve existing workforce housing communities, or to pursue new development. The Fund has already completed its first two acquisitions, in Minneapolis and Las Vegas. TMIF III builds on the success of our first two housing funds, which preserved and enriched approx. $2 billion of workforce housing nationwide. It's all part of our mission of delivering profits with a purpose. Read more in our press release: https://lnkd.in/gJGc7QBy #impinv #workforcehousing #impactinvesting

Thank you to Carl Jenkins and the team at BMO U.S. for their meaningful investment in our third affordable workforce housing fund, Turner Multifamily Impact Fund III. We are excited to continue expanding this proven, market-driven solution with our incredible partners to provide affordable workforce housing for individuals and families nationwide.

We’re proud to announce that Turner Multifamily Impact Fund II has been honored by PENSION REAL ESTATE ASSOCIATION (PREA) with its 2024 Closed-End Fund ESG Award. A panel of independent judges selected TMIF II for its success in preserving thousands of units of affordable workforce housing nationwide with a scalable, sustainable solution that delivers market-rate returns for investors. Congrats to the whole team! https://lnkd.in/gchSTnFm #impactinvesting #impinv #workforcehousing