StoneRiver Co. closes $80 million fund

The real estate investor will target six to 12 projects with this fund.

An example of the Class A properties StoneRiver Co. is seeking to invest or develop with its second fund. Birmingham-based StoneRiver Co. has closed StoneRiver Investment Fund II LLC with more than $80 million of equity commitments, including co-investment capital from its initial acquisition. StoneRiver is a vertically integrated multifamily real…

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