In Lucern’s 2nd Quarter 2021 Update, our team details Lucern Multifamily Value Fund I, L.P.’s growth and continued success throughout the quarter.
Second Quarter 2021 brought exceptional growth and for Lucern Multifamily Value Fund I, L.P. With the acquisition of two new Charlotte assets and common area renovations to an existing asset, Lucern’s value-add investment strategy continues to provide consistent returns for both its portfolio and investors. 2021’s second quarter also marked a significant milestone for the Fund as our team has deployed over half of Lucern’s $25 million equity target and increased its total assets under management to around $52 million. Read the report to gain full access to the Fund’s results for the quarter.