#USA #Dallas #Real Estate #Fund VI #Milestone Group

The Milestone Group Closes $1.1 Billion Real Estate Investors Fund VI

On September 10, 2025, the Milestone Group, a prominent private equity real estate investment firm based in Dallas, made headlines with the final close of its sixth discretionary equity vehicle, known as Milestone Real Estate Investors VI, LP, at a remarkable hard cap of $1.1 billion. This successful closure highlights the strong demand for Milestone’s value-add strategies and its impressive performance, even amidst the challenges of a difficult fundraising environment.

Chris Bartlett, the Chief Operating Officer of Milestone, expressed gratitude to their investors, emphasizing the significance of their continued support in these fluctuating capital markets. “The sturdy demand for Fund VI emphasizes Milestone's 20-year history of delivering consistently strong results across various market cycles. Fund VI is excellently positioned to take advantage of what we perceive as a remarkable opportunity to acquire quality multifamily assets at appealing prices, while maintaining our disciplined and risk-aware investment strategy,” said Bartlett.

Milestone's Fund VI focuses on its flagship strategy of acquiring and repositioning middle-market suburban multifamily communities located in high-growth U.S. markets across the Sunbelt and Mid-Atlantic regions. By taking a cycle-tested approach, the fund aims to identify well-located, undercapitalized, and undermanaged properties that promise growth potential.

Jeffrey Goldberg, Co-Managing Partner of Milestone, remarked, “At Milestone, we adopt a solutions-oriented approach to transactions, aiming to create outcomes that bring value to all stakeholders while ensuring the long-term success of our funds. We work closely with sellers to understand their unique situations, employing creative structures like recapitalizations, debt assumptions, entity purchases, portfolio acquisitions, and rescue capital to enable refinancings and optimize capital structures.”

Since its establishment, Milestone has invested over $9 billion across more than 90,000 multifamily units, achieving top quartile returns based on the most recent Cambridge Private Real Estate Index and Benchmarks Statistics Report. So far, Fund VI has successfully executed several investments, acquiring multifamily communities located in South Florida, Northern Virginia, and Denver, all purchased at significant discounts relative to replacement costs, backed by strong market fundamentals.

Milestone's investor base for Fund VI continues to expand, comprising leading global institutions like public and private pension funds, insurance firms, foundations, a sovereign wealth fund, family offices, and ultra-high-net-worth individuals.

Founded in 2003, the Milestone Group has cultivated a reputation as a premier private real estate investment management firm, specializing in value-add multifamily assets within major metropolitan markets in the United States. Over two decades, the firm has earned the trust and confidence of its investors and successfully navigated various economic cycles. For more information about their services and investment strategies, visit Milestone Group.