Sares Regis Multifamily Funds

What Sares Regis Multifamily Funds does

Sares Regis Multifamily Funds is a privately held, vertically integrated real estate private equity fund manager that acquires, renovates, and repositions underperforming Class-B multifamily properties in supply-constrained, high-growth Western and Southwestern US submarkets including California, the Pacific Northwest, Arizona, Colorado, Nevada, Utah, and Texas. The firm manages four closed-end value-add funds with combined equity commitments exceeding $1.29 billion (Fund I: $114.25M in 2013; Fund II: $304.2M in 2016; Fund III: $328.6M in 2019; Fund IV: $547.8M in 2022), targeting institutional investors such as private and public pension funds, insurance companies, wealth managers, and family offices. Its operating model integrates acquisitions, asset management, property management, construction management, and portfolio management under a single platform, supported by an investor portal built on Juniper Square and eFileCabinet/SecureDrawer.

The firm's revenue model is built on management fees and carried interest earned on the four value-add funds. Fund IV, the most recent and largest, raised $547.8 million against a $500 million target in October 2022 from a mix of existing LPs and new institutional investors, demonstrating durable LP appetite. Go-to-market is relationship-driven private fund placement to qualified institutional investors, supported by a small team (11–50 employees) headquartered across Newport Beach and San Mateo, California. Portfolio execution is anchored by a senior team that has personally overseen more than $1.5–$1.6 billion in multifamily transactions each, with active 2021–2022 deployment of more than 3,000 units across Dallas, Denver, Phoenix, Las Vegas, Seattle, and other Western metros.

The company was founded in 1993 as part of the Sares Regis Group and is a wholly owned subsidiary of that parent organization. It does not disclose detailed financials, fee structures, or specific returns, and operates entirely through private fund vehicles rather than public markets. Technology usage is limited to standard real estate investment management tooling (Juniper Square for LP administration, eFileCabinet for document management, Google Analytics for web analytics) with no disclosed AI/ML or proprietary technology differentiation.

Name

Sares Regis Multifamily Funds

Legal name

Sares Regis Multifamily Funds

Website

https://srgfunds.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Private Equity Real Estate Fund Management

NAICS

Other Financial Vehicles (525990)

SIC

Investors, Nec (6799)

akta.pro primary industry

Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)

akta.pro secondary industry

Real Estate Funds — Opportunistic / Development (FSANAEAI)

Keywords

• Private equity real estate
• Value-add multifamily funds
• Multifamily property investing
• Institutional real estate funds
• Class-B apartment repositioning

Headquarters

HQ city

Newport Beach

HQ country

United States

HQ region

North America

Offices2 records

Markets served

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Supply Chain

Revenue model

1. Fund Management Fees: The company generates revenue by managing private equity real estate funds, charging management fees and carried interest on fund investments. Fund IV exceeded its target of $500 million, raising $548 million in equity commitments.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Sares Regis Multifamily Funds manages closed-end private equity real estate funds that acquire, renovate, and reposition underperforming Class-B multifamily properties in high-growth, supply-constrained Western and Southwestern U.S. markets. Through a vertically integrated platform spanning acquisitions, asset management, property management, construction, and portfolio management, the firm raises capital from institutional investors and deploys it across four successive value-add funds.

Product overview

Sares Regis Multifamily Funds operates as a vertically integrated private equity fund management platform with four value-add multifamily funds (Fund I through Fund IV). The platform provides integrated services including acquisitions, asset management, property management, construction, and portfolio management. Fund I (2013, $114.25M), Fund II (2016, $304.2M), Fund III (2019, $328.6M), and Fund IV (2022, $547.8M) target well-located, underperforming multifamily properties in high-growth Western U.S. markets for renovation and repositioning. The company also offers an investor portal for fund investors.

Differentiator

Problem solved

Functional benefit

Products and services

• Sares Regis Multifamily Value-Add Fund I Closed-end private equity real estate fund that invests LP capital in acquiring, renovating, and repositioning Class-B multifamily properties in Western U.S. markets. Designed for institutional investors seeking value-add multifamily exposure.
• Sares Regis Multifamily Value-Add Fund II Second closed-end private equity value-add multifamily fund with $304.2 million in commitments, deploying capital across California, Pacific Northwest, Colorado, and Arizona multifamily assets. Targeted at institutional LPs continuing with the firm's series-fund structure.
• Sares Regis Multifamily Value-Add Fund III Third closed-end private equity value-add multifamily fund with $328.6 million in commitments, expanding the firm's geographic reach into Texas and Washington and broadening the LP base. Designed for institutional investors continuing with the firm's series-fund structure.
• Sares Regis Multifamily Value-Add Fund IV Latest closed-end private equity value-add multifamily fund that exceeded its $500 million target with $547.8 million in commitments from private and public pension funds, insurance companies, wealth managers, and family offices. Focuses on Class-B multifamily properties in Western and Southwestern U.S. submarkets.
• Investor Portal Secure web-based portal for fund investors to access investment information, fund reporting, and communicate with the management team. Powered by eFileCabinet/SecureDrawer and integrated with the Juniper Square investor management platform.

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Scale indicators8 records

Recent moves11 records

Expansion highlights5 records

Direct peers

• Arel Capital: Direct peer — private equity real estate firm focused on multifamily value-add investments in Western US markets, with comparable fund sizes and institutional LP relationships.
• The Bascom Group: Direct peer — private value-add multifamily investor with multiple closed-end funds investing in workforce housing across the Western US. Closely matches Sares Regis' fund structure and value-add playbook.
• TruAmerica Multifamily: Direct peer — a private value-add multifamily fund manager targeting Western US workforce housing with vertically integrated operations and institutional LP base. Highly comparable strategy, geography, and investor profile.
• GID Investment Advisers: Direct peer — privately held real estate investment and operating firm managing value-add multifamily funds across the US, with vertically integrated property management and comparable institutional LP base.
• Hamilton Zanze: Direct peer — a private equity firm focused on value-add multifamily investments in the Western US, raising closed-end funds from institutional LPs and operating a vertically integrated platform.
• Carmel Partners: Direct peer — institutional private equity real estate investment manager focused on multifamily value-add and development strategies in Western US markets, raising closed-end funds from institutional LPs.
• FPA Multifamily: Direct peer — a value-add multifamily investment manager raising closed-end private equity funds focused on Western US markets, closely matching Sares Regis' fund structure and asset strategy.
• Bayshore Capital: Direct peer — a private equity real estate firm focused on multifamily value-add investments in Florida and select Sun Belt markets, with comparable fund size and institutional LP structure to Sares Regis Multifamily Funds.

Broad incumbents

• Greystar Real Estate Partners: Broad incumbent — the largest US multifamily investment, property management, and development firm. Operates vertically integrated multifamily funds and a national operating platform far larger than Sares Regis, but competes for similar assets and LP capital.
• Blackstone Real Estate: Broad incumbent — the world's largest real estate PE platform with multifamily exposure through funds like BREIT and BREP. Competes for high-quality value-add multifamily assets and institutional LP mandates in Western US markets.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/sares-regis-multifamily-funds

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sares Regis Multifamily Funds