Clear Investment Group Announces Plans to Raise a new, $300 Million Opportunistic Real Asset Fund for Multi-Family Housing Acquisitions
Strategic Focus on Distressed Workforce Housing and Value Creation
CHICAGO, March 19, 2025 /PRNewswire/ -- Clear Investment Group, ("Clear") a leading real estate investment firm specializing in multi-family workforce-housing, has announced plans to raise a new $300 million Fund, Clear Opportunities Fund II, to acquire multi-family housing projects across the country. This strategic focus of the fund will be to enable the company to expand its footprint and volume of transactions while continuing its mission of revitalizing housing communities and providing high-quality, attainable living spaces in the workforce-housing sector; all while providing an asymmetric return profile and idiosyncratic product to investors.
"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."
Clear has built a strong reputation for executing strategic acquisitions and value-add improvements. In recent years, the firm has successfully acquired and repositioned numerous multi-family properties, increasing occupancy rates and enhancing property values through targeted renovations and efficient management practices.
Clear has completed $600 million in historical transactions comprising more than 150 different portfolio properties. Notable recent acquisitions include a 681-unit apartment community in Washington D.C, a 70- unit portfolio in Columbus, OH, and over 800 units in Syracuse, NY. While ongoing, these projects have demonstrated Clear's ability to revitalize underperforming assets, create thriving communities while establishing a strong track record in executing value-restorative strategies with high net returns to investors, compounding wealth with short duration, low basis opportunities; all the while enhancing the living experience for residents.
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.
"Our team has developed a proven ability to identify assets where we can create value through hands-on management, strategic renovations, and community engagement," added Rubenstein. "With this capital infusion, we will continue to execute on our time tested and disciplined investment approach, delivering strong risk-adjusted returns to our investors."
The Fund will target multifamily properties in stable markets, emphasizing asset repositioning and operational efficiencies to enhance resident experience and investment performance. Clear's leadership team brings decades of expertise in real estate acquisitions, asset management, and financial structuring, positioning the firm as a leader in the multifamily investment space.
"As workforce -housing affordability continues to be a pressing issue nationwide, our investment strategy aligns with the needs of both residents and investors," said Razi Uddin, CFO and Managing Director of Clear Investment Group. "By leveraging our market insights and operational expertise, we aim to unlock value in underperforming assets while providing safe, habitable housing for the workforce of America."
For more information about Clear Investment Group's investment strategy and upcoming opportunities, please visit www.clearinvestgroup.com
About Clear Investment Group
Clear Investment Group is a Chicago-based firm specializing in opportunistic real estate investment. The firm has an exemplary track record in the distressed, mid-size multifamily sector in predominantly secondary and tertiary markets nationwide. Clear Investment Group boasts over 22+ years' experience in the industry, successfully acquiring, managing and redeveloping real assets in this sector. The firm's leadership team has over 96 years of collective experience. CIG is a proud woman-owned business with a diverse workforce, whose broader mission is to create quality housing for America's working class, by restoring properties to their full potential, and creating homes our residents can take pride in. For more information about CIG and its investment strategies, please visit www.clearinvestgroup.com.
For More Information Contact:
Stuart Goldstein
RG Narrative
201-681-0618
View original content to download multimedia:https://www.prnewswire.com/news-releases/clear-investment-group-announces-plans-to-raise-a-new-300-million-opportunistic-real-asset-fund-for-multi-family-housing-acquisitions-302405018.html
SOURCE Clear Investment Group